Address
1601 Capital Avenue, Plano, TX
Price
$ 4,700,000
Property Attributes
- MLS#20492218
- TypeCommercial
- CountyCOLLIN
- CityPlano
- NeighborhoodWarner Addition
- Zip75074
- StyleIndustrial
- Price$ 4,700,000
- Bedrooms0
- Full Bathrooms0
- Half Bathrooms0
- Lot Size1.0942 Acres
Data Source:
North Texas Real Estate Info Systems (NTREIS)
Property Description
6.79% Cap Rate, Sale Lease Back, Lease commences at closing, absolute NNN lease, zero landlord responsibility, rent increases 10% every five years, lease has two five year renewal options.
| Price History | |
|---|---|
| 12/10/2023 | Listed $4,700,000 |
General Features
| Heating | Central |
|---|---|
| Cooling | Central Air |
| Utilities | City Sewer,City Water,Individual Gas Meter,Individual Water Meter |
| Ceiling Height | 15 to 20 Feet |
| Possession | Closing/Funding |
| Roof | Flat |
| Year Built | 1984 |
| Tenant Pays | Other |
| Business Type | Auto Dealer,Auto Repair-Specialty,Auto Service |
| Building Use | Automotive,Industrial |
| Will Subdivide | No |
| Building Number | 1601 |
| Gross Annual Expenses | 0.00 |
| Property SubType | Industrial |
| Subdivision Name | WARNER ADDITION |
| Zoning Description | LI-1 |
| County | Collin |
| Operating Expense Includes | Maintenance Grounds |
| Property Type | Commercial Sale |
| Construction Materials | Concrete,Tilt Wall |
| Year Built Details | Preowned |
| Status | Active |
| Directions | Between K Avenue and Jupiter Road,north of E Plano Parkway |
| City | Plano |
| Buyer Agent Compensation | 2 |
| Street Name | Capital |
| Virtual Tour URL Unbranded | https://www.propertypanorama.com/instaview/ntreis/20492218 |
| Standard Status | Active |
| Buyer Agent Compensation Type | % |
Interior Features
| Flooring | Carpet,Ceramic Tile |
|---|---|
| Total Stories | 2 |
| Total Units | 1 |
| SQFT Gross | 20000 |
| Lock Box Type | None |
| Street Suffix | Avenue |
Exterior Features
| Freight Doors | Grade Level |
|---|---|
| Lot Size Source | Assessor |
| Parking Features | Other |
| Lot Size | 1 to < 3 Acres |
| Foundation | Concrete Perimeter |
| Lot Size Area | 1.0942 |
| Lot Size Units | Acres |
| Construction Materials Walls | Other |
| Building Area Total | 20000.00 |
| Lot Size Square Feet | 47663.3520 |
| Lot Size Acres | 1.0942 |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Commercial Average in 75074
Price
Visits
Year Built
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