Historic Downtown Retail and
210 N Tennessee St McKinney, TX 75069
210 N Tennessee St, McKinney, TX, 75069
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For Sale
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For-sale property offering adaptable retail storefront or professional office space in Historic Downtown McKinney.
Property Size16,898 SF
Price / SF$236.71
Days on Market94
Property Features for 210 N Tennessee St
General Information
- Standard status
- Active
- Size
- 16,898 SF
- Property subtype
- Office, Retail
Building Details
- Year Built
- 1900
Listing agency
GO Real Estate
Listed by
Ahmed Omar · License #0677126
Source
Crexi
Added: Apr 21 Updated: Jul 22 at 8:51PM Checked: Jul 22 at 8:51PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of GO Real Estate
Investment Insights
Based on property information with market context.
This for-sale property is positioned for flexible occupancy, with space that can support either a retail storefront concept or a professional office setup. The building’s historic character is a defining feature, and the property is described as offering strong visibility in a downtown setting.
Located at 210 N Tennessee St in Historic Downtown McKinney, the property is marketed as benefiting from steady pedestrian activity year-round. It also emphasizes convenient access for foot traffic, aligning with retail and office uses that rely on walk-up demand.
With its mixed-use adaptability and historic downtown presentation, the property is suited to buyers or tenants looking for a distinctive location within McKinney’s downtown business environment.
Located at 210 N Tennessee St in Historic Downtown McKinney, the property is marketed as benefiting from steady pedestrian activity year-round. It also emphasizes convenient access for foot traffic, aligning with retail and office uses that rely on walk-up demand.
With its mixed-use adaptability and historic downtown presentation, the property is suited to buyers or tenants looking for a distinctive location within McKinney’s downtown business environment.
Key Highlights
- Built in 1900
- Adaptable space for a retail storefront or a professional office
- Located in Historic Downtown McKinney
Local Financial Insights For Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $407.6k | $24.12 |
| − Vacancy | −$19.6k | −$1.16 |
| EGI | $388.0k | $22.96 |
| − OpEx | −$116.4k | −$6.89 |
| NOI | $271.6k | $16.07 |
16,898 SF · lease $24.12/SF/yr · vacancy 4.80% · expense 30.00%
Alternative Uses
Best Use
Retail
$3.88M
$3.40M – $4.53M
NOI $271,611 @ 7.0% cap · market cap 6.79%
Second Best
Office B
$3.10M
$2.71M – $3.62M
NOI $217,082 @ 7.0% cap · market cap 5.43%
Theoretical Best
Office A
$4.75M
$4.16M – $5.54M
NOI $332,553 @ 7.0% cap · market cap 8.31%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
SPECTOCOR LLC
Corporate Office
City of McKinney Information ...
Government Office
City of McKinney, Water ...
City Government Office
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FAQs
What type of property is this?
Office units - For-sale property offering adaptable retail storefront or professional office space in Historic Downtown McKinney.
Where is this office units located?
The property is located at 210 N Tennessee St McKinney, TX.
What is the asking price?
The asking price for this property is $4,000,000.
What are key features of this property?
This property features: Built in 1900; Adaptable space for a retail storefront or a professional office; Located in Historic Downtown McKinney