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Property profile & analytics
FOR SALE
Office buildings

6200 Virginia Pkwy McKinney, TX 75071

5,905 SF 0.87 ac lot Built 1997
Entity Owned 11-yr Hold ~ Est. High Equity
Property ID
US82-2668300
Property summary
AI-generated overview

This exceptional investment opportunity presents a 5,945 square foot daycare center in McKinney, Texas, situated on a 0.87-acre lot at 6200 Virginia Pkwy, 75071. The property, built in 1997, boasts a 100% occupancy rate with a strong, established tenant under a single-tenant, absolute net lease (NNN) with two years remaining and 2% annual increases. The current asking price is $2,525,000, reflecting a price per square foot of $424.73 and a 6.50% cap rate. The property generates a substantial net operating income (NOI) of $164,028 annually. Located within the rapidly growing city of McKinney, a master-planned community with over 36,000 residents and average household incomes exceeding $141,000, this daycare benefits from exceptional demographics and high traffic counts (over 22,500 vehicles daily on Virginia Pkwy). The property's location within a densely populated area (over 230,000 people within a 5-mile radius) and its proximity to Stonebridge Ranch further enhance its value. The tenant has a history of strong full-time enrollment and has even leased additional space nearby due to high demand. This presents a secure, recession-resistant investment in a vital sector of the economy. The lease includes corporate and personal guarantees, offering additional security for the investor.

Property profile
Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 1997
Total area 5,905 SF
Lot 0.87 ac (38,028 SF)
APN R-3520-00A-003A-1
UPID US82-2668300
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
  • Excellence Academy High School
  • Deborah Marlier Physician
  • Montessori School of Excellence High School
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Dar Properties Eleven LLC · 11 yrs held
Dar Properties Eleven LLC
since 2015
6 recorded transactions
2025
Price N/A
2022
Price N/A
2015
Price N/A
2014
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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