303 King Rd - Schools FOR SALE


Frisco, TX 75036
$5,200,000 USD
214-725-6373
303 King Rd, Frisco, TX for Sale
$5,200,000 USD
Schools - FOR SALE
1/21
null | 7.5% Cap Rate

303 King Rd
Frisco, TX 75036


HIGHLIGHTS

  • 3 acres raw land can be used for public storage or small warehouse
  • Cash-flow opportunity

OVERVIEW

Investment sale, great 1031 exchange option. Fully leased property, sits on three acres of land. Lease includes 10% rent bumps over the next 2 years. Rent will increase twice within the next 24 months.

FOR SALE DETAILS

PRICE

$5,200,000 USD

PRICE/SF

$302 USD /SF

CAP RATE

7.5%

% LEASED

-

TENANCY

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Specialty

PROPERTY SUBTYPE

Schools

TOTAL BUILDING SIZE

-

STORIES

2

BUILDING CLASS

B

YEAR BUILT

2008

SPRINKLERS

-

PARKING SPACES

83

LAND DETAILS

LAND ACRES

2 AC

LAND SF

87,120 SF

ZONING

GB-1 and R-3

APN/PARCEL ID

R184847

ASK ABOUT THIS PROPERTY

Kurt NorthNorth Pointe Commercial RealtyMore Info
214-725-6373

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Kurt NorthNorth Pointe Commercial RealtyMore Info
214-725-6373

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.