About 212 E Broadway Street
This property is positioned for both the investor and owner user in mind. For the investor perspective, the leases are short term and low with potential to grow the rents hitting a solid cap rate by year 3. Ask for the Projected Performance we created and comps for executive suites in the area .For owner user perspective, the current leases are short term and a new owner can ride out tenants current leases and occupy the whole building within two years. For a blend of both, an owner user can utilize what they need for their own purposes and lease out to other tenants what they do not need to use offsetting there mortgage cost. Inquire about the 10 year investor Pro Forma and the City of Prosper plans to widen Broadway St.
Features of 212 E Broadway Street
| MLS® # | 21050835 |
|---|---|
| Price | $1,200,000 |
| Bathrooms | 0.00 |
| Acres | 0.25 |
| Year Built | 2017 |
| Type | Commercial Sale |
| Sub-Type | Office |
| Status | Active |
Community Information
| Address | 212 E Broadway Street |
|---|---|
| Subdivision | Bryants First Add |
| City | Prosper |
| County | Collin |
| State | TX |
| Zip Code | 75078-2935 |
Amenities
| Utilities | City Sewer, City Water, Electricity Connected |
|---|---|
| Garages | Driveway, On Site, Parking Lot |
| Is Waterfront | No |
| Has Pool | No |
Interior
| Heating | Central, Electric |
|---|---|
| Fireplace | No |
| # of Stories | 1 |
| Stories | 1 |
Exterior
| Roof | Composition |
|---|---|
| Construction | Concrete, Siding |
| Foundation | Slab |
Financial Information
| Tax Unexempt | $11,198 |
|---|
Additional Information
| Zoning | Downtown Office |
|---|
Listing Details
| Agent | Audra Stamp |
|---|---|
| Office | Coldwell Banker Realty |
| Contact Info | 469-929-4084 |