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100 Parker Square

Flower Mound, TX 75028
  • $8,500,000
  • STATUS: Active Option Contract
  • ON SITE: 123 Days
  • MLS #: 20698908
Under Contract
UPDATED: 43 min ago
$8,500,000
  • 0
    BEDS
  • 1.95
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial
Built:
2017
County:
Area:

School Ratings & Info

Offered by John Sheets of Keller Williams Frisco Stars: 469-601-2110.

Description

Great investment opportunity Class A office building, guaranteed by the State of Texas. 100 leased to Midwestern University, a 100 year old University and subsidiary of Texas Tech University. This building was a build to suit for the University and the University put over 1.2 million in upgrades at their expense. Fully improved reinforced concrete parking with 102 spaces. Steel frame, all masonry exterior. Property is being offere at a 7 CAP.

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© 2024 North Texas Real Estate Information Systems. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Summit Cove Realty, Inc.. The data relating to real estate for sale or lease on this web site comes in part from NTREIS. Real estate listings held by brokerage firms other than Summit Cove Realty, Inc. are marked with the NTREIS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. Data last updated 2024-12-11T10:42:26.12.
www.summitcoverealty.com/homes/153519639
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100 Parker Square Flower Mound, TX 75028

  • Price: $8,500,000
  • Status: Active Option Contract
  • On Site: 123 Days
  • Updated: 43 min ago
  • MLS #: 20698908
0
Beds
0
Baths
0
½ Baths
1.95
Acres
2017
Built
Neighborhood:
Parker Square
County:
Denton
Area:
Flower Mound
Property Description
Great investment opportunity Class A office building, guaranteed by the State of Texas. 100 leased to Midwestern University, a 100 year old University and subsidiary of Texas Tech University. This building was a build to suit for the University and the University put over 1.2 million in upgrades at their expense. Fully improved reinforced concrete parking with 102 spaces. Steel frame, all masonry exterior. Property is being offere at a 7 CAP.
Exterior Features

Construction Brick Construction Materials Walls Brick Foundation Slab Lot Size Source Assessor Parking Or Garage Additional Parking Road Frontage Type City Street Roof Flat

Interior Features

Accessibility Features Accessible Approach with RampAccessible DoorsAccessible Elevator Installed Ceiling Height 15 to 20 Feet Cooling Central AirElectric Flooring CarpetTile Handicap YN Yes Heating CentralElectricNatural Gas Sq Ft Gross 32517

Property Features

Building Area Source Assessor Building Area Total 32517.00 Building Use Office Construction Status Preowned Gross Annual Expenses 187950.00 Gross Annual Income 751800.00 List MLSProvider Collin County Association Of Realtors Listing Terms Cash Multi Zoning No Municipal Utility District No Net Operation Income 595175 Owner Pays Management Possession Closing/FundingLease Outstanding Property Type Office Special Notes Aerial Photo Tenant Pays All Utilities Transaction Includes Building Only Unexempt Taxes 93770 Utilities All Weather RoadAsphaltCity SewerCity WaterConcrete Will Subdivide No Zoning Office

North Texas Real Estate Information Systems MLS logo Listing information © 2024 North Texas Real Estate Information System.


© 2024 North Texas Real Estate Information Systems. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Summit Cove Realty, Inc.. The data relating to real estate for sale or lease on this web site comes in part from NTREIS. Real estate listings held by brokerage firms other than Summit Cove Realty, Inc. are marked with the NTREIS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. Data last updated 2024-12-11T10:42:26.12.
 
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Summit Cove Realty, Inc.
216 Oakmont Dr
Trophy Club TX, 76262
Offered by John Sheets of Keller Williams Frisco Stars: 469-601-2110.