Contact John Scott 972-523-0799 | 404-406 N Allen Dr
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Contact John Scott 972-523-0799 404-406 N Allen Dr
2,316 SF 100% Leased Office Building Allen, TX 75013 $1,150,000 ($497/SF)
Executive Summary
Rare opportunity to purchase an office/medical/retail building in Allen's Central Business District. Located minutes from downtown Allen and Highway 75, this property enjoys excellent visibility along Allen Drve. The lot is oversized offering abundant parking with open green space behind the building. The building is furnished making this a turn-key option for many types of businesses. Why pay rent when you can pay yourself? Owning your property allows for many tax deductions, including depreciation, property taxes and mortgage interest. Other benefits include not needing to worry about upcoming lease expirations, plus having the long-term benefits of passive income following retirement. There are serveral SA financing options available allowing for just 10% down. Call John Scott 972-523-0799
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- Offering Memorandum
Property Facts
Sale Type
Owner User
Property Type
Office
Property Subtype
Medical
Building Size
2,316 SF
Building Class
C
Year Built
1959
Price
$1,150,000
Price Per SF
$497
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Typical Floor Size
2,316 SF
Building FAR
0.12
Lot Size
0.46 AC
Zoning
Commercial - Divisible to 1,500 and 816 SF, Masonry construction , fee simple , two entrances with separate addresses, two rear exits, 16 parking spots , .46 acres
Parking
16 Spaces (6.91 Spaces per 1,000 SF Leased)
Amenities
- Air Conditioning
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Contact John Scott 972-523-0799 | 404-406 N Allen Dr
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