Address
4674 McDermott Road, Plano, TX
Price
$ 6,330,000
Property Attributes
- MLS#20525642
- TypeCommercial
- CountyCOLLIN
- CityPlano
- NeighborhoodMcDermott
- Zip75024
- StyleBusiness
- Price$ 6,330,000
- Bedrooms0
- Full Bathrooms0
- Half Bathrooms0
- Lot Size7,018 SqFt
Data Source:
North Texas Real Estate Info Systems (NTREIS)
Property Description
Highly Profitable, Multi-Location Med SPA + Real Estate 6% Cap For Sale. This is a unique opportunity to acquire a thriving medical spa that has been operating profitably for over a decade across multiple locations with a strong client base, excellent reputation, and substantial growth opportunities, this is an investment opportunity not to be missed. - Dallas, TX - Plano, TX - Richardson, TX - Lewisville, TX Income: The business generated approximately $1.8M in gross sales across all locations in 2023, with an EBITA above 40%, making it highly profitable. EBITA for 2023 was $725,000 and for the real estate $205,000 absolute net income was received, setting the total net income to $930,000. *** For more information please contact the listing agent. *** NO SHOWINGS ALLOWED. The business is fully operating and no showings are permitted unless mutually agreed upon by both buyers and sellers.
| Price History | |
|---|---|
| 2/1/2024 | Listed $6,330,000 |
General Features
| Heating | Central |
|---|---|
| Cooling | Central Air |
| Utilities | All Weather Road,City Sewer,City Water,Co-op Membership Included,Electricity Available,Electricity Connected,Individual Gas Meter,Individual Water Meter |
| Ceiling Height | 11 to 14 Feet,15 to 20 Feet |
| Possession | Lease Outstanding,Negotiable |
| Roof | Shingle |
| Year Built | 2011 |
| Tenant Pays | All Utilities |
| Business Type | Medical |
| Business Name | N/A |
| Building Use | Medical,Office |
| Average Monthly Lease | 17083 |
| Will Subdivide | No |
| Gross Annual Expenses | 850000.00 |
| Property SubType | Business |
| Subdivision Name | McDermott |
| Zoning Description | Commercial |
| County | Collin |
| Property Type | Commercial Sale |
| Construction Materials | Brick,Concrete,Wood |
| Year Built Details | Preowned |
| Status | Active |
| Directions | *** NO SHOWINGS ALLOWED! The business is fully operating and no showings are permitted unless mutually agreed upon by both buyers and sellers. For more information please contact the listing agent. * |
| City | Plano |
| Buyer Agent Compensation | 2% |
| Street Name | McDermott |
| Virtual Tour URL Unbranded | https://www.propertypanorama.com/instaview/ntreis/20525642 |
| Standard Status | Active |
| Buyer Agent Compensation Type | % |
Interior Features
| Flooring | Tile,Vinyl |
|---|---|
| Occupancy Rate | 100 |
| Total Stories | 1 |
| Total Units | 4 |
| SQFT Gross | 7018 |
| Lock Box Type | None |
| Street Suffix | Road |
Exterior Features
| Lot Size Source | Owner |
|---|---|
| Parking Features | On Site,Parking Lot |
| Lot Size | Less Than .5 Acre (not Zero) |
| Foundation | Slab |
| Lot Size Area | 7018.0000 |
| Lot Size Units | Square Feet |
| Building Area Total | 7018.00 |
| Lot Size Square Feet | 7018.0000 |
| Lot Size Acres | 0.1611 |
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 75024
Price
Visits
Year Built
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