About 1212 S Preston Road
The subject property is the only Class A Office Building located on Preston Rd. in Celina, TX. Tenants pay Rent plus NNN Expenses and Utilities. The listed property for sale is priced at a 100% fully leased office building. The office building has a projected $617,268 Net Operating Income for 2026, based on a $9,500,000 price the Cap Rate is 6.5%. The building is at 86% occupancy at this time. The 2027 NOI is projected at $633,881. There is an additional 1.6 acre land parcel priced at $1,500,000 located behind the listed building also for sale but the building plus the 1.6 acres is available at $10,000,000.
Features of 1212 S Preston Road
| MLS® # | 21380058 |
|---|---|
| Price | $9,500,000 |
| Bathrooms | 0.00 |
| Acres | 2.41 |
| Year Built | 2018 |
| Type | Commercial Sale |
| Sub-Type | Office |
| Status | Active |
Community Information
| Address | 1212 S Preston Road |
|---|---|
| Subdivision | Keller Williams Add Ph 1 |
| City | Celina |
| County | Collin |
| State | TX |
| Zip Code | 75009 |
Amenities
| Utilities | All Weather Road, City Sewer, City Water, Concrete, Curbs, Individual Gas Meter, Individual Water Meter, Sidewalk, Underground Utilities |
|---|---|
| Garages | Additional Parking, Assigned, Common, Concrete |
| Is Waterfront | No |
| Pool On Property | No |
Interior
| Heating | Central, Natural Gas |
|---|---|
| Fireplace | No |
| # of Stories | 2 |
| Stories | 2 |
Exterior
| Lot Features | Acreage |
|---|---|
| Roof | Metal, Built-Up |
| Construction | Brick |
| Foundation | Slab |
Additional Information
| Flooring | Ceramic Tile |
|---|---|
| Net Income | $6,172,689 |
| Building Sqft | 22,334 |
| # Units | 1 |
| Building Use | Office |
| Commercial Features | Office |
| Zoning | Commercial |
Listing Details
| Agent | Bobby Apple |
|---|---|
| Office | Keller Williams Prosper Celina |
| Contact Info | 972-382-8882 |