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303 King Rd 17,200 SF Vacant Office Building Frisco, TX 75036 $7,232,160 CAD ($420.47 CAD/SF) 7.50% Cap Rate
Investment Highlights
- 3 acres raw land can be used for public storage or small warehouse
- Cash-flow opportunity
Executive Summary
Investment sale, great 1031 exchange option. Sits on three acres of land. Lease includes 10% rent bumps over the next 2 years. Rent will increase twice within the next 24 months.
Property Facts
Sale Type
Investment or Owner User
Property Type
Office
Building Size
17,200 SF
Building Class
C
Year Built/Renovated
2008/2012
Price
$7,232,160 CAD
Price Per SF
$420.47 CAD
Cap Rate
7.50%
NOI
$542,412 CAD
Percent Leased
Vacant
Building Height
2 Stories
Typical Floor Size
8,600 SF
Building FAR
0.20
Lot Size
2.00 AC
Zoning
GB-1 and R-3 - General Business and Residential
Parking
83 Spaces
Space Availability
- Space
- Size
- Space Use
- Build-Out
- Available
Full building available for lease. Perfect for a charter school or private school. Educational use.
Full building available for lease. Perfect for a charter school or private school. Educational use.
| Space | Size | Space Use | Build-Out | Available |
| 1st Floor | 12,825 SF | Office | Full Build-Out | Now |
| 2nd Floor | 4,375 SF | Office | Full Build-Out | Now |
1st Floor
| Size |
| 12,825 SF |
| Space Use |
| Office |
| Build-Out |
| Full Build-Out |
| Available |
| Now |
2nd Floor
| Size |
| 4,375 SF |
| Space Use |
| Office |
| Build-Out |
| Full Build-Out |
| Available |
| Now |
1 of 1
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
1st Floor
| Size | 12,825 SF |
| Space Use | Office |
| Build-Out | Full Build-Out |
| Available | Now |
Full building available for lease. Perfect for a charter school or private school. Educational use.
1 of 1
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
2nd Floor
| Size | 4,375 SF |
| Space Use | Office |
| Build-Out | Full Build-Out |
| Available | Now |
Full building available for lease. Perfect for a charter school or private school. Educational use.
1 1
Somewhat walkable
20/100
Exceptionally drivable
90/100
Fairly bikeable
50/100
Property Taxes
| Parcel Number | R184847 | Improvements Assessment | $3,607,246 CAD |
| Land Assessment | $843,314 CAD | Total Assessment | $4,450,560 CAD |
Property Taxes
Parcel Number
R184847
Land Assessment
$843,314 CAD
Improvements Assessment
$3,607,246 CAD
Total Assessment
$4,450,560 CAD
1 of 22
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
1 of 1
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303 King Rd
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