Medical Office Building With Two
For Sale
Contact for pricing
5601 Virginia Pkwy, McKinney, TX 75071
Fee simple medical office with two suites available for immediate use and income from surrounding medical tenants.
Property Size11,116 SF
Days on Market69
Property Features for 5601 Virginia Pkwy
General Information
Standard status
Active
Size
11,116 SF
Property subtype
Office Medical
Occupancy
67%
Amenities
Perfect Owner User Opportunity
Located in an Office Park with Historical High Occupancy
2,000 and 1,600 Square Feet Available for Lease or Occupy
Building Details
Building Size
11,116 SF
Year Built
2000
Listing Agency:
Marcus & Millichap - Fort Lauderdale
(817) 932-6137
Listed By:
Brad Mills · License #License(s): TX: 732895
(817) 932-6137
Source:
Marcusmillichap
Added: Jun 17
Changed: Aug 23
Last Checked: Aug 23 at 5:55AM
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 Marcus & Millichap - Fort Lauderdale
Investment Insights
Based on property information with market context.
The property is a fee simple medical office building built in 2000, offering a total of 11,116 rentable square feet. The building is currently 66 percent occupied with medical tenants and includes available space designed to support additional revenue. Two suites are available for immediate use: one suite at 2,000 square feet and another at 1,686 square feet, providing options for an owner-occupant or an investor seeking lease-up flexibility.
Located at 5601 Virginia Parkway in McKinney, Texas, the office building is situated minutes from Central Expressway and Baylor Scott & White Medical Center. The surrounding area is described as a mix of mature neighborhoods, elementary schools, and local retail, supporting a stable day-to-day demand base for healthcare and related professional services.
For tenants, the availability of two move-in-ready suites can simplify timing for medical practices or other office users aligned with the property’s established tenant mix. For buyers, the existing occupied portion with medical tenants, combined with vacant space ready to lease, creates a straightforward platform for both investor and owner-user strategies without requiring repositioning described in the offering.
Located at 5601 Virginia Parkway in McKinney, Texas, the office building is situated minutes from Central Expressway and Baylor Scott & White Medical Center. The surrounding area is described as a mix of mature neighborhoods, elementary schools, and local retail, supporting a stable day-to-day demand base for healthcare and related professional services.
For tenants, the availability of two move-in-ready suites can simplify timing for medical practices or other office users aligned with the property’s established tenant mix. For buyers, the existing occupied portion with medical tenants, combined with vacant space ready to lease, creates a straightforward platform for both investor and owner-user strategies without requiring repositioning described in the offering.
Key Highlights
- Fee simple medical office built in 2000 with 11,116 SF of rentable space
- Currently 66% occupied with medical tenants producing net operating income, plus a vacant space to add revenue
- Two suites available for immediate use: 2,000 SF and 1,686 SF
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
396
Businesses Nearby
Explore this area
Business Placement
Demographics for 75071, TX
64,449
Population
23,861
Households
2.7
Avg Household Size
35
Median Age
51%
College-Educated
94%
High-School Grad
74.1 sq mi
ZIP Area
870
Density / Sq Mi
$132,839
Median Household Income
$63,459
Median Earnings
$2,105
Median Rent
$448,500
Median Home Value
Market
Vacancy Rate% for Office in South region
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Frequently Asked Questions
What type of property is this?
Office building - Fee simple medical office with two suites available for immediate use and income from surrounding medical tenants.
Where is this office building located?
The property is located at 5601 Virginia Pkwy McKinney, TX.
What are key features of this property?
This property features: Fee simple medical office built in 2000 with 11,116 SF of rentable space; Currently 66% occupied with medical tenants producing net operating income, plus a vacant space to add revenue; Two suites available for immediate use: 2,000 SF and 1,686 SF
