Doe Branch Office Park 4 Office Properties Offered at $11,430,000 in Celina, TX
INVESTMENT HIGHLIGHTS
- Doe Branch Office Park Phase 1 consists of 205, 225, 235 & 245 S. Preston Road, Celina 75009
- New construction - fully leased in 2024
- All tenants have substantial monies invested in their interior tenant improvements
- 2.23 acres
- NNN lease structures
- WALT (Weighted Average Lease Term) of 7.5 years
EXECUTIVE SUMMARY
Search Commercial is pleased to exclusively offer Doe Branch Office Park Phase 1, a 24,400 sq. ft. new office/medical office property on Preston Road in Celina, Texas. The property is 100% leased with a WALT (Weighted Average Lease Term) of 7.5 years. to a mix of medical and business service tenants, all with built in Base Rent escalations. Doe Branch Office Park Phase 1 was constructed with 2”x6” wood framed exterior walls, with open web structural wood trusses supported by structural steel and clad in 100% masonry. All roofs are single ply TPO roof membrane over polyiso roof insulation and T&G wood decking.
Rent roll and financials available.
Rent roll and financials available.
DATA ROOM Click Here to Access
TAXES & OPERATING EXPENSES (ACTUAL - 2025) Click Here to Access |
ANNUAL |
|---|---|
| Gross Rental Income |
$99,999
|
| Other Income |
-
|
| Vacancy Loss |
-
|
| Effective Gross Income |
$99,999
|
| Taxes |
$99,999
|
| Operating Expenses |
$99,999
|
| Total Expenses |
$99,999
|
| Net Operating Income |
$99,999
|
PROPERTY FACTS
| Price | $11,430,000 |
| Price / SF | $468.44 / SF |
| Cap Rate | 6.25% |
| Sale Type | Investment |
| Status | Active |
| Number of Properties | 4 |
| Individually For Sale | 0 |
| Total Building Size | 24,400 SF |
| Total Land Area | 6.73 AC |
PROPERTIES
| PROPERTY NAME / ADDRESS | PROPERTY TYPE | SIZE | YEAR BUILT | INDIVIDUAL PRICE |
|---|---|---|---|---|
| 245 S Preston Rd, Celina, TX 75009 | Office | 4,800 SF | 2024 | - |
| 235 S Preston Rd, Celina, TX 75009 | Office | 4,800 SF | 2024 | - |
| 225 S Preston Rd, Celina, TX 75009 | Office | 4,800 SF | 2024 | - |
| 205 S Preston Rd, Celina, TX 75009 | Office | 10,000 SF | 2024 | - |
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