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Preston Road (SH-289) & E. Glendening Pkwy
Celina, TX 75009
Asking Price
$13.50M
Asset Type
Commercial Retail
Class
Class B
What's Special
12.32 AC Commercial Land | NEC Preston Rd & E. Glendening Pkwy, Celina TX <ul><li>12.32 AC at NEC Preston Rd & E. Glendening Pkwy — east of Weitzman Group's retail development, Celina, TX </li><li>Preston Rd entrance, full-parcel detention & utilities in place — ready for immediate development </li><li>Walmart Supercenter (open) at Preston Rd & Outer Loop — ~2.5 miles south; anchors the $1B Shawnee Trail development </li><li>Home Depot under construction at Preston Rd & Ownsby Pkwy — ~3.5 miles south </li><li>Costco under construction at Preston Rd & Ownsby Pkwy
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NOI
$80,000
Cap Rate
0.59%
DSCR
0.10
Underwater
Cash-on-Cash
-17.81%
Monthly Payment
$66,790.634
Annual Cash Flow
$-721,487.61
