Properties
Celina, TX 75009 1212 S Preston Road
$10,500,000
0 more
Presented By: Keller Williams Prosper Celina
Home Details
The subject property is the only Class A Office Building located on Preston Rd. in Celina, TX.
The listed property for sale is a 100% fully leased office building. The office building has $572,268 Net Operating Income for 2026,
based on a $10,500,000 price the Cap Rate is 5.5%. The building has a 2027 $588,881 Net Operating Income
based on a $10,500,000 price the Cap Rate is 5.6%.
There is an additional 1.6 acre land parcel priced at $1,500,000 located behind the listed building also for sale. MLS 21170840.
Presented By: Keller Williams Prosper Celina
Interior Features for 1212 S Preston Road
Other Interior Features
SQFT Gross22334
Lock Box TypeNone
FlooringCeramic Tile
Occupancy Rate100
Total Stories2
Total Units1
General for 1212 S Preston Road
Building UseOffice
Business TypeProfessional Office
Ceiling Height11 to 14 Feet
CityCelina
Construction MaterialsBrick
CoolingCentral Air, Electric
CountyCollin
DirectionsLocated on Preston Rd. north of Collin County Outer Loop
Gross Annual Expenses186513.00
HeatingCentral, Natural Gas
Insurance Expense25870
Listing Terms1031 Exchange, Cash, Contact Agent, Conventional, Not Assumable
Number Of Leaseable Spaces4
Number Of Spaces Leased4
Occupant NameKWNC
Occupant TypeTenant
PossessionClosing/Funding
Property SubtypeOffice
Property TypeCommercial Sale
RoofBuilt-Up, Metal
Standard StatusActive
StatusActive
Subdivision NameKeller Williams Add Ph 1
Tenant PaysAll Utilities, Common Area Maintenance, Insurance, Janitorial Service, Taxes
Unexempt Taxes138922
UtilitiesAll Weather Road, City Sewer, City Water, Concrete, Curbs, Individual Gas Meter, Individual Water Meter, Sidewalk, Underground Utilities
Virtual Tour URL UnbrandedClick here
Will SubdivideNo
Year Built2018
Year Built DetailsPreowned
Zoning DescriptionCommercial
Exterior for 1212 S Preston Road
Building Area Total22334.00
Construction Materials WallsBrick, Cement Block
Foundation Slab
Lot FeaturesAcreage
Lot Size1 to < 3 Acres
Lot Size Acres2.4000
Lot Size Area2.4000
Lot Size SourcePublic Records
Lot Size Square Feet104544.0000
Lot Size UnitsAcres
Parking FeaturesAdditional Parking, Assigned, Common, Concrete
WaterfrontNo
Additional Details
Price History
