3250 Craig Dr McKinney, TX 75070
Single-tenant office property leased to the Social Security Administration.
Type:Office
Property size:
15,544 SFLot size:
2.55 Acres- Added:
- Nov 8, 2023
- Days on Market:
- 898
- Last Refresh:
- Mar 17 at 1:25 pm
Property Features for 3250 Craig Dr
General Information
- Standard status
- Active
- Size
- 15,544 SF
- Lot size
- 2.55 Acres
- Property subtype
- Office
Building Details
- Year Built
- 2006
Listing agent Zachary Ficke License #TX 688207
Listing office Colliers - Dallas, Texas
Listing date Nov 8, 2023
Source Crexi
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All listing content including descriptions, pricing, images are the copyrighted material of Colliers - Dallas, Texas
Overview
McKinney Office Building For Sale
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.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
Social Security Administration
Social Security Office
Location Insight
- Map
- Local Demand
- City
- McKinney
- County
- Collin
- State
- Texas
- Longitude
- -96.6455422
- Latitude
- 33.1677096
Nearby Similar for Sale
FAQs
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.
