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5881 Virginia Pky
McKinney, TX 75071
Retail Property For Sale
Investment Highlights
- Secure Investment: Fully Occupied Investment Opportunity with 68% of Gross Leasable Area Dedicated to Medical Tenants.
- Value-Add: Average rent is 26% below market
- Superior Accessibility: Easy access to major thoroughfares (Virginia Parkway, Ridge Road, and HWY 75) with seamless connectivity to DFW MSA
- Value Creation: Additional 53,000 sf developable pad
- Robust Local Demographics: Within a 2-mile radius, the median home value is $372,333 and the median household income is $137,830
Property Facts
Property Type
Retail
Property Subtype
Building Size
14,111 SF
Building Class
B
Year Built
2006
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.11
Lot Size
3.00 AC
Zoning
F1 - Office Commercial - Real
Parking
60 Spaces (4.85 Spaces per 1,000 SF Leased)
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