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6948 Mediterranean Dr 4,836 SF 100% Leased Office Building McKinney, TX 75072 $2,400,000 ($496.28/SF)
INVESTMENT HIGHLIGHTS
- Existing businesses in Adriatica include Starbucks, Starwood Café, The UPS Store, Karadise Boutique, Zen Zen Wine & Bistro, Cavalli’s Pizza, etc
- Traffic Counts: 28,820 CPD
EXECUTIVE SUMMARY
This property is located within Adriatica Village at the southeast corner of Virginia Parkway and Stonebridge Drive in west McKinney. The surrounding area has experienced significant population and income growth, with an estimated population of 325,146 and an average household income of $187,439 within a 15-mile radius. Adriatica encompasses approximately 45 acres and is situated within the larger Stonebridge Ranch master-planned community, which totals more than 5,000 acres. The development is a mixed-use environment designed after the fishing village of Supetar on the island of Brac in Croatia and includes a range of office, retail, and restaurant uses.
PROPERTY FACTS
Sale Type
Investment or Owner User
Property Type
Office
Building Size
4,836 SF
Building Class
B
Year Built
2025
Price
$2,400,000
Price Per SF
$496.28
Percent Leased
100%
Building Height
1 Story
Typical Floor Size
4,836 SF
Building FAR
1.24
Lot Size
0.09 AC
1 1
PROPERTY TAXES
| Parcel Number | R-12384-000-000G-1 | Improvements Assessment | $1,751,326 |
| Land Assessment | $265,390 | Total Assessment | $1,919,318 |
PROPERTY TAXES
Parcel Number
R-12384-000-000G-1
Land Assessment
$265,390
Improvements Assessment
$1,751,326
Total Assessment
$1,919,318
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6948 Mediterranean Dr
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