Prosper, TX 75078 212 E Broadway Street
$1,200,000



10 more











Presented By: Audra Stamp with Coldwell Banker Realty Frisco; 469-929-4084
Disclaimer: The information contained in this listing has not been verified by Bold Real Estate and should be verified by the buyer.
Home Details
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.
Presented By: Audra Stamp with Coldwell Banker Realty Frisco; 469-929-4084
Interior Features for 212 E Broadway Street
Other Interior Features
FlooringLuxury Vinyl Plank
Lock Box TypeCombo
Occupancy Rate100
SQFT Gross2563
Total Stories1
Total Units9
General for 212 E Broadway Street
Building UseOffice
Business TypeCommercial
Ceiling Height11 to 14 Feet
CityProsper
Construction MaterialsConcrete, Siding
CoolingCentral Air, Electric
CountyCollin
DirectionsComing north on Preston, turn left on E Broadway St. Turn left into the property 212 E Broadway (between Church St and Coleman St).
Gross Annual Expenses31000.00
HeatingCentral, Electric
Number Of Leaseable Spaces9
Number Of Spaces Leased9
Occupant TypeTenant
PossessionClosing/Funding
Property SubtypeOffice
Property TypeCommercial Sale
RoofComposition
Security FeaturesSmoke Detector(s)
Standard StatusActive
StatusActive
Subdivision NameBryants First Add
Tenant PaysOther
Unexempt Taxes11198
UtilitiesCity Sewer, City Water, Electricity Connected
Virtual Tour URL UnbrandedClick here
Will SubdivideNo
Year Built2017
Year Built DetailsPreowned
Zoning DescriptionDowntown Office
Exterior for 212 E Broadway Street
Building Area Total2563.00
Foundation Slab
Lot SizeLess Than .5 Acre (not Zero)
Lot Size Acres0.2480
Lot Size Area0.2480
Lot Size SourcePublic Records
Lot Size Square Feet10802.8800
Lot Size UnitsAcres
Parking FeaturesDriveway, On Site, Parking Lot
WaterfrontNo
Additional Details
Price History

Suzanne Smith
Broker/Owner