8875 W Synergy Drive

Estimated Monthly Payment: $8,204/mo 8875 W Synergy Drive, Mckinney, TX 75070 MLS# 13878082 Commercial Listing Status: Active
165
33
0
0

REMARKS:

Office Condo that is fully leased to one tenant starting in September 2018 for 5 years at $24 sq ft with option to sign 2 more 5yr leases. That is a 6.5% cap rate and over the 15yr lease that puts it at 7.2% cap rate. Rates were established at time of signing lease. Stable company that has multiple locations already in place. Great finish out and new LED canned lights replaced for energy efficient, restriped the parking lot, repainted address monument, New flooring and all new paint 2018 , HVAC service contract in place. Fully wired with CAT 5 and AT&T internet.

OVERVIEW:

Commercial
Active
55 - FRISCO / DENTON-COLLIN COUNTIES (55)
FRISCO (1)
Custer Crossing Add
2007
Rock/Stone, Stucco
Slab
0.44
1
Shake Metal
Central Air-Elec, Central Heat-Elec, Zoned

FEATURES:

Carpet, Ceramic Tile

FINANCIAL:

$1,799,000

NEIGHBORHOOD & SCHOOL INFORMATION:

Courtesy of Toni Spray, Mckinney Real Estate Services

 

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