McKinney Office Building For
For Sale
Contact for pricing
3250 Craig Dr, McKinney, TX 75070
Single-tenant office property leased to the Social Security Administration.
Property Size15,544 SF
Lot Size2.55 Acres
Days on Market1045
Property Features for 3250 Craig Dr
General Information
Standard status
Active
Size
15,544 SF
Class
B
Lot size
2.55 Acres
Property subtype
Office
Occupancy
100%
Lease Type
Modified Gross
Net Operating Income
$369,968
Building Details
Year Built
2006
Buildings
1
Stories
1
Tenancy
Single
Listing Agency:
Colliers - Dallas, Texas
Listed By:
Geoff Ficke · License #TX 0593051
(972) 759-7814
Source:
Crexi
Added: Nov 8, 2023
Changed: Sep 4
Last Checked: Sep 18 at 7:50AM
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 Colliers - Dallas, Texas
Investment Insights
Based on property information with market context.
This single-tenant office property at 3250 Craig Drive in McKinney, Texas, presents an investment opportunity. The property is fully leased to the Social Security Administration (SSA). Developed as a build-to-suit in 2006, the tenant reaffirmed their commitment in 2021 with a new 15-year lease term. The property includes 15,544 rentable square feet and is situated on an oversized 2.55-acre lot directly off I-75 and Sam Rayburn Tollway (SH 121). Recent improvements include upgraded LED lighting and the replacement of all 12 HVAC units in 2021. The property is designed to the SSA's specifications and Level II security requirements, with the recent lease renewal including approximately $575,000 of government-approved TI/BSAC improvements. The location is 30 miles north of Dallas-Fort Worth.
Key Highlights
- Investment grade tenant (S&P AA+) - Social Security Administration (SSA).
- New 15‑year lease term reaffirmed in 2021, guaranteed by the U.S. Federal Government.
- Located in a thriving market 30 miles north of Dallas‑Fort Worth, Texas.
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
756
Businesses Nearby
Explore this area
Business Placement
Demographics for 75070, TX
57,712
Population
24,323
Households
2.4
Avg Household Size
34
Median Age
57%
College-Educated
98%
High-School Grad
11.3 sq mi
ZIP Area
5,107
Density / Sq Mi
$106,549
Median Household Income
$65,855
Median Earnings
$1,799
Median Rent
$429,300
Median Home Value
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Market
Vacancy Rate% for Office in South region
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Frequently Asked Questions
What type of property is this?
Office building - Single-tenant office property leased to the Social Security Administration.
Where is this office building located?
The property is located at 3250 Craig Dr McKinney, TX.
What are key features of this property?
This property features: Investment grade tenant (S&P AA+) - Social Security Administration (SSA).; New 15‑year lease term reaffirmed in 2021, guaranteed by the U.S. Federal Government.; Located in a thriving market 30 miles north of Dallas‑Fort Worth, Texas.
