For Sale
  • For Sale
  • For Lease
  • Recently Sold
  • Property Lookup
  • Brokers
The Largest CRE Database in the US with Over 1 Million Listings

3180 Eldorado Pkwy McKinney, TX 75070

Loading data...
Loading data...
Loading data...
For Sale
$3,500,000

High-Yield Retail Complex in McKinney, TX

Property size:
12,000 SF

Property Features for 3180 Eldorado Pkwy

General Information

Property type
Retail properties
Square Feet
12,000 SF
Lot Size
47,916 SF

Building Details

Year Built
2006

We can help!

Listing Contact
Ross Miller

Listing Agency: M&D Real Estate Listing Agent: Ross Miller

Displayed information is deemed reliable but is not guaranteed and should be independently verified.

Learn more

Property Insight Report

Overview

This exceptional 12,000-square-foot retail property, situated on a 1.1-acre lot at 3180 Eldorado Parkway in McKinney, Texas, presents a compelling investment opportunity. Currently 85% leased to five diverse tenants, this multi-tenant complex boasts a strong pro forma cap rate of 6.47%. The leases are in place with terms extending through 2034, providing long-term stability and predictable income streams. Built-in rental escalations further enhance the investment's potential for future growth. The property's prime location just off Eldorado Parkway ensures high visibility and accessibility, benefiting from significant daily traffic exceeding 27,000 vehicles. This translates to substantial foot traffic and exposure for the tenants, contributing to the overall strength of the investment. The thriving McKinney market offers a dynamic and expanding commercial landscape, making this retail center an attractive prospect for investors seeking a stable, high-yield asset with long-term growth potential. The property's current occupancy and lease terms provide immediate cash flow, while the location and market conditions suggest a promising future for appreciation. This is a rare opportunity to acquire a well-positioned, multi-tenant retail complex in a rapidly growing Texas city. The asking price is $3,500,000.
Property Profile Insight Report Location Intelligence

Current Use by Public Records

Zoom Room Dog ... Animal Training Furkids & Friends (Formerly ... Kennel & Boarding Facility The Mutt Puddle Pet Grooming Service

Suggested Use

Real Estate Agency Restaurant Law Firm Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop Gym & Fitness Center

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

  • Map
  • Local Demand
City
McKinney
County
Collin
State
Texas
Longitude
-96.66608
Latitude
33.16936

FAQs

What type of property is this?
Retail property - High-Yield Retail Complex in McKinney, TX
Where is this retail property located?
The property is located at 3180 Eldorado Pkwy McKinney, TX.
What is the asking price?
The asking price for this property is $3,500,000.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message