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6200 Virginia Pkwy McKinney, TX 75071

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For Sale
$2,525,000

Childcare net lease property in fast-growing McKinney, Texas.

Property size:
5,945 SF
Lot size:
0.83 Acres

Property Features for 6200 Virginia Pkwy

General Information

Size
5,945 SF
Lot size
0.83 Acres

Source: STRIVE Agent Michael Crovetti

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


Overview

McKinney Childcare Net Lease Property

This childcare net lease property is located in McKinney, Texas, one of the fastest-growing cities in America. The property is adjacent to Stonebridge Ranch, a 5,000-acre master-planned community with over 70 unique villages and more than 36,000 residents. The surrounding area has strong demographics, with an average household income exceeding $141,000. The area is densely populated and fast-growing, with more than 230,000 people residing within a 5-mile radius, reflecting a 60% growth rate in the last decade. Traffic counts exceed 22,500 vehicles on Virginia Parkway. The property has 3 years remaining on an existing NNN lease, with 2% annual increases and a personal guaranty. Options to renew are available at the discretion of the landlord. The property is suitable for a preschool or day care, part of a $48 billion industry that is considered internet and recession-proof, providing essential services to working families. There are almost 100,000 households within a 5-mile radius. The property size is 5,945 square feet.
Insight Report Location Intelligence

Current Use by Public Records

Excellence Academy School Deborah Marlier Physical Therapist Montessori School of Excellence School

Suggested Use

Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

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

Similar Places Nearby

Brightlight Preschool

Location Insight

  • Map
  • Local Demand
City
McKinney
County
Collin
State
Texas
Longitude
-96.7009553
Latitude
33.1994544

FAQs

What type of property is this?
Day care center - Childcare net lease property in fast-growing McKinney, Texas.
Where is this day care center located?
The property is located at 6200 Virginia Pkwy McKinney, TX.
What is the asking price?
The asking price for this property is $2,525,000.
What are key features of this property?
This property features: - Located in McKinney, TX, one of the fastest-growing cities in America.; - NNN lease with 3 years remaining and 2% annual increases.; - Personal Guaranty on the lease.
More about this property
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