1212 S Preston Rd, Celina, TX 75009
- $9,500,000
- List Price
- $9,500,000
- MLS#
- 21380058
- Status
- ACTIVE
- Type
- Commercial
- Subtype
- CommercialSale
- Year Built
- 2018
- Construction Status
- Preowned
- County
- Collin
- City
- Celina
- Subdivision
- Keller Williams Add Ph 1
Property Description
The subject property is the only Class A Office Building located on Preston Rd. in Celina, TX. Tenants pay Rent plus NNN Expenses and Utilities. The listed property for sale is priced at a 100% fully leased office building. The office building has a projected $617,268 Net Operating Income for 2026, based on a $9,500,000 price the Cap Rate is 6.5%. The building is at 86% occupancy at this time. The 2027 NOI is projected at $633,881. There is an additional 1.6 acre land parcel priced at $1,500,000 located behind the listed building also for sale but the building plus the 1.6 acres is available at $10,000,000.
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Additional Information
- Tenant Pays
- AllUtilities, CommonAreaMaintenance, Insurance, JanitorialService, Taxes
- Lot Size
- 105,023
- Flooring
- Tile
- Foundation
- Slab
- Roof
- Metal
- Building Stories
- 2
- Parking Garage
- Additional Parking, Assigned, Common, Paved
- Proposed Use
- Office
- Inclusions
- Land & Improvements
- Possession
- CloseOfEscrow
- Community Features
- Curbs, Sidewalks
Mortgage Calculator
Listing courtesy of Bobby Apple from Keller Williams Prosper Celina. Contact: 972-382-8882
Listing provided by North Texas Real Estate Information Systems (NTREIS). Listing data has been deemed reliable but is not guaranteed to be accurate by the MLS.
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