$8,500,000
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1.95 Acres Lot
SOLD DATE : 12/31/2024
Key Details
Property Type Commercial
Sub Type Office
Listing Status Sold
Purchase Type For Sale
Subdivision Parker Square
MLS Listing ID 20698908
Sold Date 12/31/24
Total Fin. Sqft 32517
Year Built 2017
Annual Tax Amount $93,770
Lot Size 1.953 Acres
Acres 1.953
Property Description
Great investment opportunity Class A office building, guaranteed by the State of Texas. 100 leased to Midwestern University, a 100 year old University and subsidiary of Texas Tech University. This building was a build to suit for the University and the University put over 1.2 million in upgrades at their expense. Fully improved reinforced concrete parking with 102 spaces. Steel frame, all masonry exterior. Property is being offere at a 7 CAP.
Location
State TX
County Denton
Zoning Office
Direction Take Cross Timber Road North our of Flower Mound to Parker Square
Interior
Heating Central, Electric, Natural Gas
Cooling Central Air, Electric
Flooring Carpet, Tile
Heat Source Central, Electric, Natural Gas
Exterior
Utilities Available All Weather Road, Asphalt, City Sewer, City Water, Concrete
Roof Type Flat
Garage No
Building
Foundation Slab
Structure Type Brick
Others
Ownership Parker Assets !!, LLC
Acceptable Financing Cash
Listing Terms Cash
Financing Cash
Special Listing Condition Aerial Photo
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Bought with Gopi Khande • 4sight Realty LLC
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