7.3% CAP RATE WITH A 9 YEAR LEASE, 4% ESCALATION EVERY YEAR, WITH A AAA TENANT. Cash flowing Updated Medical Office in a highly sought after Medical building in Plano, Very prominent tenant in place FOR 9 YEARS, with option to extend, 7.3 %CAP, unbelievable investment opportunity, This one wont last long!
Mls | 20687005 |
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Listing Type | For Sale |
Subtype | Resale |
Status | Active |
Year | 2003 |
Days On Site | 137 |
Listing Provided By | Douglas Elliman Real Estate | Andy Anand |
Sq Feet | 1,721 |
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Storys | 1 |
Units | 1 |
Zoning | medical office |
Acreage | 0.04 |
State | TX |
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County | Collin |
City | Plano |
Zip Code | 75093 |
Area | Collin |
Community Name | PLANO CITY COMMUNICATIONS PARKWAY MEDICAL PLAZA |
Listing VS Median (in PLANO CITY COMMUNICATIONS PARKWAY MEDICAL PLAZA) | |
Price: $1,200,000 low | high Med: $1,200,000 SqFt: 1,721 low | high Med: 1,721 $ / SqFt: $697 low | high Med: $697 On Site: 137 low | high Med: 137.000000 |