Info@texlandmark.com | 972-757-9383

$8,500,000
1.95± Acres
Active
Denton County, TX
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100 Parker, Flower Mound, Texas

MLS ID: 20698908
Status: Active
Price: $8,500,000
Acres: 1.95±
Type: Office Building, Commercial
Address: 100 Parker
City, State: Flower Mound, TX
County: Denton County
ZIP Code: 75028
Lat/Long: 33.039438, -97.04947
Parcel Number: R700481
Year Built: 2017

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.

Directions: Take Cross Timber Road North our of Flower Mound to Parker Square

Additional Information

Interior

Building Area Total: 32,517
Cooling (Yes/no): Yes
Cooling: Central Air, Electric
Flooring: Carpet, Tile
Heating (Yes/no): Yes
Heating: Central, Electric, Natural Gas

Exterior

Foundation Details: Slab
Inclusions: Building Only
Lot Size Area: 2
Lot Size Source: Assessor
Lot Size Square Feet: 85,073
Parking Features: Additional Parking
Road Frontage Type: City Street, All Weather Road
Road Surface Type: Asphalt
Roof: Flat
Water Source: Public

Financial/HOA/Schools

Subdivision Name: Parker Square
Tax Annual Amount: 93770
Zoning Description: Office

Extra Information

Virtual Tour: https://www.propertypanorama.com/instaview/ntreis/20698908

Maps

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Wendy Johnson, ALC

Wendy Johnson, ALC

Rockwall, Texas

(972) 757-9383

Interested? Contact Us Today About This Listing

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All information should be independently reviewed and verified for accuracy. IDX information is provided exclusively for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information current as of September 8, 2024 at 12:00:00 AM UTC.

You may not reproduce or redistribute this data, it is for viewing purposes only. This data is deemed reliable, but is not guaranteed accurate by the MLS or NTREIS. This data was last updated on: September 8, 2024 at 12:00:00 AM UTC

Listed By: Nicky Sheets of Keller Williams Frisco Stars

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