Celina, TX 75009 1212 S Preston Road
$12,000,000
7 more
- MLS# 20920496
- 04/30/2025
Presented By: Bobby Apple with Keller Williams Prosper Celina; 972-382-8882
Disclaimer: The information contained in this listing has not been verified by Bold Real Estate and should be verified by the buyer.
Year Built • 2018
Home Details
The listed property for sale includes a 22,000 sf 100% fully leased office building and a 1.6 acre commercial build site within the same platted property, ideal for adding a second building. The office building has a 2026 annual NOI of $620,000 and based on a 6% Cap Rate, a price of $10,300,000. The 1.6 acres additional land parcel is priced at $1,700,000 or $24.39 per square foot. Both properties are sold as a package.
Presented By: Bobby Apple with Keller Williams Prosper Celina; 972-382-8882
Interior Features for 1212 S Preston Road
Other Interior Features
FlooringCeramic Tile
Lock Box TypeNone
Occupancy Rate100
SQFT Gross22334
Total Stories2
Total Units1
General for 1212 S Preston Road
Building UseOffice
Business TypeProfessional Office
Ceiling Height11 to 14 Feet
CityCelina
Construction MaterialsBrick
CoolingCentral Air, Electric
CountyCollin
DirectionsLocated on Preston Rd. north of Collin County Outer Loop
Gross Annual Expenses117130.00
HeatingCentral, Natural Gas
Insurance Expense25870
Listing Terms1031 Exchange, Cash, Contact Agent, Conventional, Not Assumable
Number Of Leaseable Spaces4
Number Of Spaces Leased4
Occupant NameKWNC
Occupant TypeTenant
Owner PaysManagement
PossessionClosing/Funding
Property SubtypeOffice
Property TypeCommercial Sale
RoofBuilt-Up, Metal
Standard StatusActive
StatusActive
Subdivision NameKeller Williams Add Ph 1
Tenant PaysAll Utilities, Common Area Maintenance, Janitorial Service
Unexempt Taxes138922
UtilitiesAll Weather Road, City Sewer, City Water, Concrete, Curbs, Individual Gas Meter, Individual Water Meter, Sidewalk, Underground Utilities
Virtual Tour URL UnbrandedClick here
Will SubdivideNo
Year Built2018
Year Built DetailsPreowned
Zoning DescriptionCommercial
Exterior for 1212 S Preston Road
Building Area Total22334.00
Construction Materials WallsBrick, Cement Block
Foundation Slab
Lot FeaturesAcreage
Lot Size3 to < 5 Acres
Lot Size Acres4.0040
Lot Size Area4.0040
Lot Size SourcePublic Records
Lot Size Square Feet174414.2400
Lot Size UnitsAcres
Parking FeaturesAdditional Parking, Assigned, Common, Concrete
Additional Details
Price History
Suzanne Smith
Broker/Owner