Class A Fully Leased Office
1212 S Preston Road Celina, TX 75009
1212 S Preston Road, Celina, TX, 75009
$10,500,000
For Sale
$10,500,000
SINGLE_FAMILY - Celina, TX
Lot Size2.40 Acres
Days on Market161
Property Features for 1212 S Preston Road
General Information
- Property type
- Residential
- Property subtype
- Office
- Parking features
- Assigned
- Standard status
- Active
- APN
- R1182200A00101
- Lot size
- 2.40 Acres
Taxes and HOA fees
- Tax Description
- KELLER WILLIAMS ADDITION PHASE 1 (CCL), BLK A
- Tax Annual Amount
- 138922
Utilities
- Sewer type
- Public Sewer
- Heating system
- Natural Gas, Central
- Cooling system
- Electric, Central Air
- Water source
- Public
Building Details
- Year built
- 2018
- Floors in Building
- 2
- Number of units
- 1
- Flooring type
- Tile
- Building materials
- Brick
- Roof type
- Built-Up, Metal
Listing Agency
Keller Williams Prosper Celina
(972) 382-8882
Celina, TX
Listed by
Bobby Apple · License #0164455
(972) 382-8882
Added: Feb 7 Checked: Jul 18 at 6:06 am
MLS# 21173346
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Investment Insights
Based on property information with market context.
The subject property is a fully leased Class A office building offering stable, income-producing ownership. It is presented as the only Class A office building on Preston Road in Celina, TX. Based on the stated purchase price of $10,500,000, the projected 2026 Net Operating Income is $572,268 with a 5.5% cap rate. For 2027, projected Net Operating Income is $588,881 with a 5.6% cap rate.
The building sits on a 2.4-acre lot at 1212 S Preston Road, Celina, TX 75009. An additional 1.6-acre land parcel located behind the listed building is also available for sale at $1,500,000, providing potential flexibility for future site planning or separate ownership. The listing is identified as MLS 21170840.
This offering is well-suited for investors seeking a turnkey, fully leased office asset with documented forward NOI projections. The accompanying behind-site parcel may appeal to buyers looking to control more of the overall site footprint or to evaluate additional uses consistent with what the property already provides. Brokers should note the asset’s positioning as a Class A office option on Preston Road, paired with the current stabilized occupancy.
The building sits on a 2.4-acre lot at 1212 S Preston Road, Celina, TX 75009. An additional 1.6-acre land parcel located behind the listed building is also available for sale at $1,500,000, providing potential flexibility for future site planning or separate ownership. The listing is identified as MLS 21170840.
This offering is well-suited for investors seeking a turnkey, fully leased office asset with documented forward NOI projections. The accompanying behind-site parcel may appeal to buyers looking to control more of the overall site footprint or to evaluate additional uses consistent with what the property already provides. Brokers should note the asset’s positioning as a Class A office option on Preston Road, paired with the current stabilized occupancy.
Key Highlights
- 100% fully leased Class A office building on Preston Rd in Celina, TX
- Net Operating Income: $572,268 for 2026; $588,881 for 2027 (based on $10,500,000 price)
- Cap rate of 5.5% for 2026 and 5.6% for 2027 (based on $10,500,000 price)
Property Analytics
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FAQs
What type of property is this?
Office building - A fully leased Class A office building on Preston Road with forward-looking NOI projections and an included behind-site land parcel.
Where is this office building located?
The property is located at 1212 S Preston Road Celina, TX.
What is the asking price?
The asking price for this property is $10,500,000.
What are key features of this property?
This property features: 100% fully leased Class A office building on Preston Rd in Celina, TX; Net Operating Income: $572,268 for 2026; $588,881 for 2027 (based on $10,500,000 price); Cap rate of 5.5% for 2026 and 5.6% for 2027 (based on $10,500,000 price)