4783 Preston Rd 24,000 SF 63% Leased Office Building Frisco, TX 75034 $8,395,000 ($349.79/SF)
INVESTMENT HIGHLIGHTS
- High Traffic Counts: 53,942 per day
- existing in place income from tenants
- Great Opportunity for owner occupier
- retail type visibility
EXECUTIVE SUMMARY
Great opportunity for owner occupier. Existing income from Tenants to offset mortgage payments. Ideal Value-Add or owner-user investment opportunity. 64% leased to Keller Williams currently. Keller Williams occupies a portion of the property on a long term basis, providing a future building owner with stable underlying income for many years to come. Stable Long-Term tenancy. Highly desirable location with Retail exposure along Preston Road. Prime Location in Collin County 15,406 Leased Sq. Ft. (64%) Currently Leased for 7 Years. ±23,985 SF of Office Space. • 60 Private Offices • 15 New Offices Upstairs. • ±22,000 SF Ground Floor and ±1,985 SF Mezzanine • High Traffic Counts: 53,942 VPD. • One Mile North of Stonebriar Mall
• Superior Location within the Metroplex
• Available Immediately
• Superior Location within the Metroplex
• Available Immediately
PROPERTY FACTS
Sale Type
Investment or Owner User
Sale Condition
Lease Option
Property Type
Office
Building Size
24,000 SF
Building Class
B
Year Built
2004
Price
$8,395,000
Price Per SF
$349.79
Percent Leased
63%
Tenancy
Multiple
Building Height
1 Story
Typical Floor Size
24,000 SF
Building FAR
0.31
Lot Size
1.76 AC
Zoning
COMM - Zoned Commercial
Parking
73 Spaces (3.04 Spaces per 1,000 SF Leased)
AMENITIES
- Controlled Access
- Property Manager on Site
- Security System
- Signage
- Kitchen
- Storage Space
- Central Heating
- Fully Carpeted
- High Ceilings
- Direct Elevator Exposure
- Partitioned Offices
- Reception
- Wi-Fi
- Air Conditioning
SPACE AVAILABILITY
- SPACE
- SIZE
- SPACE USE
- CONDITION
- AVAILABLE
1st floor space with Retail Type exposure facing Preston Road. Front of the building signage available on Preston Road. Drive straight in to direct parking in front of the space available. This suite/building has been completely rebuilt! The flooring is the remaining component that needs finishing. This flooring was proposedly left undone so the new Tenant can select their own flooring whether it be Vinyl Plank, Cement Floors , Carpet, etc.
| Space | Size | Space Use | Condition | Available |
| 1st Fl-Ste 300 | 4,361 SF | Office | Full Build-Out | Now |
1st Fl-Ste 300
| Size |
| 4,361 SF |
| Space Use |
| Office |
| Condition |
| Full Build-Out |
| Available |
| Now |
1 of 1
PROPERTY TAXES
| Parcel Number | R-4427-001-005R-1 | Improvements Assessment | $4,302,728 |
| Land Assessment | $1,682,810 | Total Assessment | $5,985,538 |
