5601 VIRGINIA PARKWAY, MCKINNEY, TX 75071
Homes for sale in Mckinney.
Homes for sale in 75071.
5601 Virginia Parkway
McKinney, TX 75071
List Price$3,800,000
Listing #20272378
About This Property
100% LEASED AT CLOSING WITH SELLER LEASEBACK IF BUYER REQUESTS!!! 7.63% CAP! REMAX Associates is pleased to present The Virginia Center, a 11,116 SF office building in McKinney, TX. The Virginia Center consists of a 2 building multi-tenant office space situated on approximately 1.15 acres. Built in 2000, the Property features wood framed construction and an ample parking ratio of 4.45 per 1,000 SF. The building is currently occupied by 4 tenants, providing an excellent opportunity to add value through leasing the additional 2 units. Front units 1 and 1A are currently vacant and advertised as for lease for $17 a sqft plus $8 NNN. Owner will master lease the 2 units for 6 months. The Property is ideally-located just east of Ridge Rd, with quick access to HWY 380, US 75, and numerous nearby amenities.
Property Features
Location Information
County
Collin
Subdivision
Joplin Acres
Interior Features
Has Fireplace
No
Floors
Carpet
Heating
Central, Electric
Tenant Pays
All Utilities, Common Area Maintenance, Insurance, Taxes
Cooling
Central Air, Electric
Total Number of Units
6
Exterior Features
Construction
Brick, Stone Veneer
Lot Size in Acres
1.15
Foundation
Slab
Lot Size in Sq. Ft.
50,094
Roof
Composition
Possible Best Use
Medical/Dental, Office
Water / Sewer
Sewer Available, Water Available
Zoning
Office / Medical
Utilities
Sewer Available, Water Available
Building Total Area (Sq. Ft.)
11,187
Parking Description
Parking Lot
Is One Story
No
Additional Information
Year Built Details
Preowned
Status
Active
Property Type
COM
Tax Annual Amount
42988.0
Property SubType
Office
Lot Acres Source
Public Records
Year Built
2000
Similar Listings
Mortgage Calculator
$17,745
per month
30 Year Fixed. 3.52% Interest Rate.
Principal + Interest
$13,693
Monthly Tax
$3,166
Monthly Insurance
$886
yrs
%
$
$
Based on a fully amortized fixed rate loan. Ask your agent for the tax rates in your area. Insurance estimate is based on an average cost, your final premium cost will be determined by the type of coverage you select. This program only provides an estimate.
Schools
Walk Score
Listing courtesy of
Renee Hudson, RE/MAX Associates of Mansfield
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NTREIS - North Texas data last updated at July 20, 2025, 3:20 AM CT
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