Office Building in Texas

Sale of Office Building located in McKinney, Texas. The property is a 13.3-acre, 25 building office condominium project conveniently located on Coit Road just south of U.S. Highway 380 in McKinney, Texas. The location provides excellent accessibility to other major thoroughfares including Preston Road and the Dallas North Tollway. Bordering both the Frisco and Prosper city lines, the Property sits in a prime area of growth of development. This phased development is comprised of 3 different building footprints ranging from 4,644 SF to 8,222 SF, with the capability to demise each building into 4 - 6 office condos, dependent on size. Phase I, comprised of 14 buildings, is near completion with 58% of the units in escrow. Phase II is planned for 11 buildings (majority of infrastructure in place except for driveways) with about 28% of the units in escrow as well. Overall, the project is currently 45% committed. The completed buildings at Crescent Parc offer upscale, fully finished professional office suites. Each suite features a floor plan with a reception, four (4) offices, a conference room, kitchen, and restroom. These spaces are ideal for any professional or medical office use with two different finish packages offered - modern and traditional.

Legal Description: BEING All Units in CRESCENT PARC, A CONDOMINIUM, a Condominium regime in the City of McKinney, Collin County, Texas according to the Declaration filed for record on August 01, 2018, and recorded under Clerk's File No. 20180801000965310, Official Public Records, Collin County, Texas, together with an undivided interest in the general and limited common elements appurtenant to said Units, all as described in said Declaration.

Features:

• Property Type: Office
• Building Size: 151,750 SF
• Lot Size: 13.3 AC
• Built in 2018