About 1212 S Preston Road
The listed property for sale includes a 22,000 sf 100% fully leased office building and a 1.6 acre commercial build site within the same platted property, ideal for adding a second building. The office building has a 2026 annual NOI of $620,000 and based on a 6% Cap Rate, a price of $10,300,000. The 1.6 acres additional land parcel is priced at $1,700,000 or $24.39 per square foot. Both properties are sold as a package.
Features of 1212 S Preston Road
| MLS® # | 20920496 |
|---|---|
| Price | $12,000,000 |
| Bathrooms | 0.00 |
| Acres | 4.00 |
| Year Built | 2018 |
| Type | Commercial Sale |
| Sub-Type | Office |
| Status | Active |
Community Information
| Address | 1212 S Preston Road |
|---|---|
| Subdivision | Keller Williams Add Ph 1 |
| City | Celina |
| County | Collin |
| State | TX |
| Zip Code | 75009 |
Amenities
| Utilities | All Weather Road, City Sewer, City Water, Concrete, Curbs, Individual Gas Meter, Individual Water Meter, Sidewalk, Underground Utilities |
|---|---|
| Garages | Additional Parking, Assigned, Common, Concrete |
| Is Waterfront | No |
| Has Pool | No |
Interior
| Heating | Central, Natural Gas |
|---|---|
| Fireplace | No |
| # of Stories | 2 |
| Stories | 2 |
Exterior
| Lot Description | Acreage |
|---|---|
| Roof | Built-Up, Metal |
| Construction | Brick |
| Foundation | Slab |
Financial Information
| Tax Unexempt | $138,922 |
|---|
Additional Information
| Zoning | Commercial |
|---|
Listing Details
| Agent | Bobby Apple |
|---|---|
| Office | Keller Williams Prosper Celina |
| Contact Info | 972-382-8882 |