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3180 Eldorado Pky 12,000 SF 100% Leased Retail Building McKinney, TX 75070 For Sale 6.60% Cap Rate

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Investment Highlights

  • Prime Retail Investment Sale
  • 12,000 SF Multi-Tenant Retail Complex
  • High Traffic Area Off Eldorado Pkwy
  • 100% Leased, 6.60% Cap Rate
  • Leases Going Into 2034 w/ Escalations

Executive Summary

We are pleased to present a multi-tenant retail investment opportunity located in the heart of McKinney, TX. This 100% leased 12,000 square-foot retail complex consists of five tenants and features a 6.60% Cap Rate. With leases extending through 2035 and scheduled rental escalations, this property represents an excellent investment prospect in a rapidly growing market. Strategically situated just off Eldorado Parkway, the site benefits from significant traffic, with over 27,000 vehicles passing by daily.

Data Room Click Here to Access

Property Facts

Sale Type
Investment
Property Type
Retail
Property Subtype
Freestanding
Building Size
12,000 SF
Building Class
B
Year Built
2006
Cap Rate
6.60%
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.25
Lot Size
1.10 AC
Zoning
Commercial - Commercial
Parking
38 Spaces (3.17 Spaces per 1,000 SF Leased)

Major Tenants Click Here to Access

  • Tenant
  • Industry
  • SF Occupied
  • Rent/SF
  • Lease End
  • Cabinet IQ
  • -
  • 99,999 SF
  • -
  • -
  • Furkids & Friends
  • -
  • 99,999 SF
  • -
  • -
  • Proforma
  • -
  • 99,999 SF
  • -
  • -
  • The Mutt Puddle
  • -
  • 99,999 SF
  • -
  • -
  • Zoom Room
  • -
  • 99,999 SF
  • -
  • -
Tenant Industry SF Occupied Rent/SF Lease End
Cabinet IQ - 99,999 SF - -
Furkids & Friends - 99,999 SF - -
Proforma - 99,999 SF - -
The Mutt Puddle - 99,999 SF - -
Zoom Room - 99,999 SF - -

Nearby Major Retailers

Tom Thumb Express
Prosperity Bank
MOOYAH Burgers, Fries & Shakes
Taco Bueno
Bank of America
Starbucks
Kroger
Woodforest National Bank
Black Rock Coffee Bar

Property Taxes

Property Taxes

Parcel Number
R-1969-00A-16R1-1
Land Assessment
$751,555 CAD
Improvements Assessment
$3,486,793 CAD
Total Assessment
$4,238,348 CAD
  • Listing ID: 33251446

  • Date on Market: 2024-01-23

  • Last Updated:

  • Address: 3180 Eldorado Pky, McKinney, TX 75070

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