200 Cypress Bend Pkwy, Princeton, TX 75407

$5,433,497

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List Price
$5,433,497
MLS#
21333351
Status
ACTIVE
Type
Commercial
Subtype
CommercialSale
Year Built
2022
Construction Status
Preowned
Acres
1.43
County
Collin
City
Princeton
Subdivision
Princeton Office Condo

Property Description

Rare opportunity to acquire a portfolio of 12 office condominiums located at 200 Cypress Bend Pkwy in Princeton, Texas. All 12 units are currently occupied and cash flowing, providing an investor with immediate income from a stabilized commercial asset. The office condos are situated in a rapidly growing North Texas market with convenient access to US Highway 380 and major regional employment centers, and McKinney National Airport. The property offers a diversified tenant base across multiple individually leased office units, providing an attractive combination of current cash flow and long-term appreciation potential. This is an ideal opportunity for an investor seeking a turnkey commercial real estate asset with established occupancy and income in one of the fastest-growing areas of Collin County. Financial information, leases, and additional property details are available upon request. All information is deemed reliable but not guaranteed and should be independently verified by the buyer.

Additional Information

Unexempt Taxes
$69,528
Tenant Pays
AllUtilities, CommonAreaMaintenance, Other
Lot Size
62,160
Acres
1.43
Flooring
Combination
Foundation
Slab
Roof
Composition
Building Stories
1
Parking Garage
Common
Possession
SubjectToTenantRights
Proposed Use
Office
Inclusions
Land & Improvements

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Calculator source: Real Geeks

Listing courtesy of Lisa Rogers from Ashton Wall Real Estate. Contact: