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1212 S Preston Rd 22,000 SF 100% Leased Office Building Celina, TX 75009 $14,367,150 CAD ($653.05 CAD/SF) 5.45% Cap Rate
Executive Summary
The subject property is the only Class A Office Building located on Preston Rd. in Celina, TX. The listed property for sale is a 100% fully leased office building. The office building has $572,268 Net Operating Income for 2026, based on a $10,500,000 price the Cap Rate is 5.5%. The building has a 2027 $588,881 Net Operating Income based on a $10,500,000 price the Cap Rate is 5.6%. There is an additional 1.6 acre land parcel priced at $1,500,000 located behind the listed building also for sale.
Property Facts
Sale Type
Investment or Owner User
Property Type
Office
Building Size
22,000 SF
Building Class
A
Year Built
2019
Price
$14,367,150 CAD
Price Per SF
$653.05 CAD
Cap Rate
5.45%
NOI
$783,034 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
11,000 SF
Building FAR
0.11
Lot Size
4.44 AC
Zoning
F3 - Commercial City of Celina for Office Building
Parking
90 Spaces (4.09 Spaces per 1,000 SF Leased)
Amenities
- 24 Hour Access
- Banking
- Security System
- Signage
- Wheelchair Accessible
- Monument Signage
- Air Conditioning
- Fiber Optic Internet
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Property Taxes
| Parcel Number | R-11822-00A-0010-1 | Improvements Assessment | $5,773,964 CAD |
| Land Assessment | $4,295,718 CAD | Total Assessment | $10,069,682 CAD |
Property Taxes
Parcel Number
R-11822-00A-0010-1
Land Assessment
$4,295,718 CAD
Improvements Assessment
$5,773,964 CAD
Total Assessment
$10,069,682 CAD
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1212 S Preston Rd
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