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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Listing Snapshot
Price
$9,500,000
Days On Site
0 Days
Bedrooms
N/A
Inside Area (SqFt)
22,334 sqft
Total Baths
N/A
Full Baths
N/A
Partial Baths
N/A
Lot Size
2.411 Acres
Year Built
2018
MLS® Number
21380058
Status
Active
Property Tax
N/A
HOA/Condo/Coop Fees
N/A
Sq Ft Source
Assessor
Friends & Family
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Recent Activity
11 hours ago
Listing updated with changes from the MLS®
18 hours ago
Listing first seen on site
General Features
Acres
2.411
Foundation
Slab
Number Of Stories
2
Parking
Additional ParkingAssignedCommonConcrete
Property Sub Type
Office
Sewer
Public Sewer
Special Circumstances
Standard
SqFt Total
22334
Utilities
Underground Utilities
Water Source
Public
Zoning
Commercial
Interior Features
Cooling
Central AirElectric
Flooring
Ceramic Tile
Heating
CentralNatural Gas
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Exterior Features
Construction Details
Brick
Road Frontage
Highway
Roof
Built-UpMetal
Community Features
Financing Terms Available
1031 ExchangeCashConventional
Listing courtesy of Bobby Apple of Keller Williams Prosper Celina bobapple@kw.com
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