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    Retail Investment Opportunity in McKinney Title is generated by Realmo AI

    3180 Eldorado Parkway, McKinney, TX 75070

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    Claim this Listing
    For Sale
    $3,500,000

    12,000 SF retail complex in McKinney, TX, 100% leased.

    Type:Commercial
    Property size:
    12,000 SF
    Price / SF:
    $291/SF
    Added:
    Apr 22, 2026
    Days on Market:
    49
    Last Refresh:
    Apr 22 at 5:31 pm

    Property Features for 3180 Eldorado Parkway

    General Information

    Standard status
    Active
    Size
    12,000 SF
    Property subtype
    Commercial

    Building Details

    Year Built
    2006

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    Listing Contact
    Ross Miller

    Listing agent Ross Miller

    Listing office M&D CRE, LLC

    Listing date Apr 22, 2026

    Source Signaturere

    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 M&D CRE, LLC

    HighLights

    • 6.60% Cap Rate
    • 100% Leased, providing immediate income.
    • Leases extending through 2035 with scheduled rental escalations.
    • Located in McKinney, TX, a rapidly growing market.
    • High traffic location with over 27,000 vehicles passing by daily.
    • 12,000 square‑foot retail complex built in 2006 with five tenants.

    Overview

    This multi-tenant retail complex is located in McKinney, TX. The property is a 12,000 square-foot retail complex that is 100% leased to five tenants. The property has leases extending through 2035 with scheduled rental escalations. The location is just off Eldorado Parkway, with traffic of over 27,000 vehicles passing by daily.

    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 $289.4k $24.12
    − Vacancy −$13.9k −$1.16
    EGI $275.5k $22.96
    − OpEx −$82.7k −$6.89
    NOI $192.9k $16.07
    12,000 SF · lease $24.12/SF/yr · vacancy 4.80% · expense 30.00%

    Alternative Uses

    Best Use
    Retail
    $2.76M
    $2.41M – $3.21M (±1% cap)
    NOI $192,883 @ 7.0% cap · market cap 5.51%
    Second Best
    —
    —
    no second resolved use
    Theoretical Best
    Office A
    $3.37M
    $2.95M – $3.94M (±1% cap)
    NOI $236,160 @ 7.0% cap · market cap 6.75%
    Zoning and permitted uses should be independently verified with local authorities.
    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.

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    Location Insight

    • Map
    • Local Demand
    City
    McKinney
    County
    Collin
    State
    Texas
    Longitude
    -96.6660534
    Latitude
    33.1693838

    FAQs

    What type of property is this?
    Shopping center - 12,000 SF retail complex in McKinney, TX, 100% leased.
    Where is this shopping center located?
    The property is located at 3180 Eldorado Parkway McKinney, TX.
    What is the asking price?
    The asking price for this property is $3,500,000.
    What are key features of this property?
    This property features: 6.60% Cap Rate; 100% Leased, providing immediate income.; Leases extending through 2035 with scheduled rental escalations.
    More about this property
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