1. Texas
  2. Prosper
  3. 212 E Broadway Street
$1,200,000

212 E Broadway Street, Prosper, TX 75078

  • 2,563 sqft
  • Property Icon Commercial Property
  • Property Year Built Icon Built in 2017
  • Property Lot Size Icon10,803sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $468/sqft
  • Property List Date Icon Listed 6 days ago

Property Description

This property is positioned for both the investor and owner user in mind. For the investor perspective, the leases are short term and low with potential to grow the rents hitting a solid cap rate by year 3. Ask for the Projected Performance we created and comps for executive suites in the area .For owner user perspective, the current leases are short term and a new owner can ride out tenants current leases and occupy the whole building within two years. For a blend of both, an owner user can utilize what they need for their own purposes and lease out to other tenants what they do not need to use offsetting there mortgage cost. Inquire about the 10 year investor Pro Forma and the City of Prosper plans to widen Broadway St.

Listing Status:
Active
Listing Office:
Coldwell Banker Realty Frisco : 972-712-8500
Listing Agent:
Audra Stamp :
MLS ID:
21050835
  • Flooring: Luxury Vinyl Plank
  • A/C: Central AirElectric
  • Heating: CentralElectric

This listing courtesy of Audra Stamp, Coldwell Banker Realty Frisco

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

P

Prosper Disciplinary Alternative Education Program

605 E 7th St, Prosper, TX, 75078

Grades KG-12

0.35 miles away

P

Prosper Disciplinary Alternative Education Program

605 E 7th St, Prosper, TX, 75078

Grades KG-12

0.35 miles away

P

Prosper Disciplinary Alternative Education Program

605 E 7th St, Prosper, TX, 75078

Grades KG-12

0.35 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.