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Property profile & analytics
FOR SALE
Office buildings

5601 Virginia Pkwy McKinney, TX 75071

11,187 SF 1.15 ac lot Built 2000
Entity Owned 4-yr Hold ~ Est. High Equity
Property ID
US82-4183199
Property summary
AI-generated overview

This exceptional office property, located at 5601 Virginia Pkwy in McKinney, Texas, offers a rare opportunity to lease high-quality space in a desirable location. The property consists of two single-story buildings totaling 3,286 square feet, built in 2000 and renovated the same year. Currently, the entire 3,286 square feet is available for lease, with a minimum divisible space of 1,600 square feet. The flexible layout allows for a single tenant to occupy the entire space or the possibility of leasing two separate units. The property boasts attractive features including an iron door entry, beautiful wood accents, and a high-ceiling waiting room. Ample parking is provided with a 4.7 spaces per 1,000 square feet ratio. The location benefits from high visibility on Virginia Parkway, experiencing 21,000 vehicles per day. The surrounding area demonstrates strong demographics, with an average household income of $142,000 within one mile and a population of 164,000 residents within a five-mile radius. Building and monument signage opportunities are available, providing excellent exposure to high traffic volumes. The property is classified as Class B and sits on 1.15 acres of land in Collin County, zip code 75071. The lease rate is $17.00 per square foot per year, plus $8 triple net (NNN) expenses.

Property profile
Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 2000
Total area 11,187 SF
Lot 1.15 ac (50,094 SF)
APN R-4190-00A-0030-1
UPID US82-4183199
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • MyStoneBridgeDentist.com Dental Office
  • Masha Shturman, DDS Dental Office
  • Visiting Nurse Association Hospice Collin County Nursing Home
  • Family & Cosmetic Dentistry Dental Office
  • Pure Roofing McKinney Roofing Company General Contractor
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$595k
CAP Approach CAP
by Request
Comparable Approach Comparable
$600k
Blend (final) Blend
$600k
Owner & transaction history
Earth To Moon Realty LLC · 4 yrs held
Earth To Moon Realty LLC
since 2022
6 recorded transactions
2022
Price N/A
2018
Price N/A
2015
Price N/A
2005
Price N/A
1969
Price N/A
1969
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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