2035 Central Circle

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2035 Central Circle

McKinney, TX 75069
Asking Price
$8.43M
Cap Rate
6.5%
Asset Type
Shopping Center Retail
Class
Class B

What's Special

99% Occupied : Upside Potential : Prime Location Near Bray Business Park : $182 PSF : McKinney, TX <p>Central Circle Center is a stabilized, 46,276-square-foot retail industrial flex center comprising two adjacent buildings located in McKinney, Texas. The center is 99 percent leased with a diverse blend of retail, office, and flex/warehouse space featuring a mix of gross and modified gross lease terms, offering substantial upside potential. The building located at 2035 Central Circle has a second story for office lofts. Tenants in both buildings have access to the shared grade-level, dock-hig

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NOI
$80,000
Cap Rate
0.95%
DSCR
0.16
Underwater
Cash-on-Cash
-16.62%
Monthly Payment
$41,682.303
Annual Cash Flow
$-420,187.638

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