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34466404
34466421

200 CYPRESS BEND PKWY, PRINCETON, TX 75407-1118 For Sale

DR
0647078
Ashton Wall Real Estate
Listed by Ashton Wall Real Estate
$5,433,497
1 day on market
Updated 1 day ago

200 CYPRESS BEND PKWY MULTIPLE STES PRINCETON TX

Details
APN 2853541
Property Type Retail, Office
Square Footage 13,500
Units 12
Cap Rate 6.70%
NOI $364,097
Occupancy 100%
Tenancy Multi
Lease Type NNN
Lease Term 5
Remaining Term 2
Rent Bumps Yes
Lease Options yes
Price per SqFt $402
Year Built 2022
Buildings 4
Stories 1
Lot Size (SqFt) 62,160
Ground Lease No
Sale Condition For sale by owner

100% leased 12-unit portfolio

Marketing description

Rare opportunity to acquire a portfolio of 12 office condominiums located at 200 Cypress Bend Pkwy in Princeton, Texas. All 12 units are currently occupied and cash flowing, providing an investor with immediate income from a stabilized commercial asset. The office condos are situated in a rapidly growing North Texas market with convenient access to US Highway 380 and major regional employment centers, and McKinney National Airport. The property offers a diversified tenant base across multiple individually leased office units, providing an attractive combination of current cash flow and long-term appreciation potential. This is an ideal opportunity for an investor seeking a turnkey commercial real estate asset with established occupancy and income in one of the fastest-growing areas of Collin County. Financial information, leases, and additional property details are available upon request. All information is deemed reliable but not guaranteed and should be independently verified by the buyer.

Investment highlights

12 units in the same complex 100% leased with NNN leases

Listing Contacts

DR
0647078
Ashton Wall Real Estate
Listed by Ashton Wall Real Estate

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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$364,097.00
$30,341.42/mo

Valuation Metrics

0
DSCR
6.7%
Cap Rate
6.7%
ROI

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*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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