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$1,200,000

Est. payment - /mo

10,802 Sqft Lot

Active

212 E Broadway Street Prosper, TX 75078

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LINK'D REALTY

support@linkdrealty.com +1(210) 687-3271

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Key Details

Property Type Commercial

Sub Type Office

Listing Status Active

Purchase Type For Sale

Subdivision Bryants First Add

MLS Listing ID 21050835

Total Fin. Sqft 2563

Year Built 2017

Annual Tax Amount $11,198

Lot Size 10,802 Sqft

Acres 0.248

Property Sub-Type Office

Property Description

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.

Location

State TX

County Collin

Zoning Downtown Office

Direction Coming north on Preston, turn left on E Broadway St. Turn left into the property 212 E Broadway (between Church St and Coleman St).

Interior

Heating Central, Electric

Cooling Central Air, Electric

Flooring Luxury Vinyl Plank

Heat Source Central, Electric

Exterior

Utilities Available City Sewer, City Water, Electricity Connected

Roof Type Composition

Garage No

Building

Foundation Slab

Structure Type Concrete,Siding

Others

Ownership Contact Agent

Virtual Tour https://www.propertypanorama.com/instaview/ntreis/21050835

North Texas Real Estate Info Systems (NTREIS) -MetroTex and Collin County (CCAR)

Listed by Audra Stamp • Coldwell Banker Realty

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LINK'D REALTY

+1(210) 687-3271

212 E Broadway Street Prosper, TX 75078

LINK'D REALTY

Key Details

Location

Interior

Exterior

Building

Others

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212 E Broadway Street