255 W Lebanon Unit 216, Frisco, Texas 75036
- $340,000
- List Price
- $340,000
- MLS#
- 20433734
- Status
- ACTIVE UNDER CONTRACT
- Type
- Commercial
- Year Built
- 2018
- Construction Status
- Preowned
- Acres
- 4.78
- County
- Denton
- City
- Frisco
- Subdivision
- Waterstone Condo
Property Description
Income producing office or medical property in a very popular and successful business park in West Frisco. No other available vacancies and easy to lease. Property is currently leased to a very qualified SPA tenant on a 3 year lease at $32 per sq ft plus NNN with about 2.5 years remaining. Lease obligations and the deposit are fully transferable to the new owner. Tenant pays taxes, association fees, insurance, management fees and repairs. Property was recently upgraded with LVT wood look floors throughout and upgraded soundproofing Please don't contact or disturb the tenant. Tenant wishes to remain and has an option to renew at the end of the term,
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Additional Information
- Unexempt Taxes
- $3,354
- Total Annual Expenses
- Insurance, Maintenance
- Gross Annual Expenses
- 6039
- Gross Annual Income
- 27511
- Tenant Pays
- All Utilities, Association Fees, Common Area Maintenance, Insurance, Management, Pest Control, Repairs, Taxes
- Lot Size
- 208,391
- Acres
- 4.78
- Subdivided
- No
- Flooring
- Luxury Vinyl Plank
- Foundation
- Slab, Other
- Roof
- Metal
- Building Stories
- 1
- Ceiling Height Type
- 8 to10 Feet
- Street Utilities
- City Sewer, City Water, Concrete, Curbs, Electricity Connected, Master Water Meter
- Heating Cooling
- Central, Electric, Other
- Construction Material
- Frame, Rock/Stone, Stone Veneer
- Parking Garage
- Concrete
- Possession
- Closing/Funding, Lease Outstanding
- Building Sq. Ft.
- 671
- Number of units
- 1
- Leasable Sq Ft
- 671
- Occupancy Rate
- 100
- Building Use
- Office
- Zoning
- Office
- Possession
- Closing/Funding, Lease Outstanding
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Listing courtesy of Eugene Krasny from KEI Realty. Contact: 214-673-1162