Skip To Content

--
  • --
    BEDS
  • --
    ACRES
  • --
    BATHS
  • --
    1/2 BATHS
  • --
    SQFT
  • --
    $/SQFT

Listing Details

Status
--
On Site
--
On Market
--
MLS #
--
Neighborhood
--
Type
--
Built
--
County
--
Area
--

School Ratings & Info

Offered by Stephen Hargrove of Keller Williams Realty Dpr.

Description

This 7992 sqft building is ready for a new owner. It already has monument signage and the roof and 6 new Trane HVAC systems were replaced in 2018. The roof is a top of the line white energy efficient TPO roof. The property is located right in the heart of the telecom district and can be purchased as an owner occupy or investment property. Cap Rate is 6.51%. It could also be purchased by an owner that wants to occupy half of the space and lease out the other half as additional income. It has easy access to The University of Texas Dallas, a half a dozen major hospitals, the new City Line development, shopping and restaurants. It also has easy access to I-75 and PGBT.

Monthly Payment Calculator



© 2021 North Texas Real Estate Information Systems. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Real Estate By Design | Keller Williams. The data relating to real estate for sale or lease on this web site comes in part from NTREIS. Real estate listings held by brokerage firms other than Real Estate By Design | Keller Williams are marked with the NTREIS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. Data last updated 2021-09-16T23:39:47.273.
www.rebdgroup.com/homes/118523947
Print Image

1616 Gateway Boulevard Richardson, TX 75080

  • Price: $1,875,000
  • Status: Active
  • Updated: 60 min ago
  • MLS #: 14604474
0
Beds
0
Baths
0
½ Baths
0.75
Acres
1979
Built
Neighborhood:
Christian Medical Society
County:
Dallas
Area:
Richardson
Property Description
This 7992 sqft building is ready for a new owner. It already has monument signage and the roof and 6 new Trane HVAC systems were replaced in 2018. The roof is a top of the line white energy efficient TPO roof. The property is located right in the heart of the telecom district and can be purchased as an owner occupy or investment property. Cap Rate is 6.51%. It could also be purchased by an owner that wants to occupy half of the space and lease out the other half as additional income. It has easy access to The University of Texas Dallas, a half a dozen major hospitals, the new City Line development, shopping and restaurants. It also has easy access to I-75 and PGBT.
Exterior Features

Construction Brick Construction Materials Walls Brick Foundation Slab Parking Or Garage Area AssignedCommon LotUnassigned Spaces Road Frontage Distance 130 Roof Other

Interior Features

Ceiling Height 11 To 14 Feet Commercial Features Computer ReadyFire AlarmSecurity SystemTelephone Flooring CarpetCeramic Tile Heating Central Air-ElecCentral Heat-Elec Sq Ft Building 7992 Sq Ft Gross 7992 Sq Ft Leasable 7992

Property Features

Alarm Or Security Type Burglar Building Area Source Tax Building Use Office Commercial Zoning C-M Construction Status Preowned Gross Annual Expenses 29838 Gross Annual Income 151848 Inclusions Building Only Lot Size Source Tax Multi Zoning No Municipal Utility District No Net Annual Income 122010 Occupancy Rate 100 Possession Closing/Funding Property Type Com-Sale Proposed Financing CashConventional Tenant Pays All Utilities Unexempt Taxes 18989 Utilities AsphaltCity SewerCity WaterConcreteCurbs Will Subdivide No

Listing information © 2021 North Texas Real Estate Information System.


© 2021 North Texas Real Estate Information Systems. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Real Estate By Design | Keller Williams. The data relating to real estate for sale or lease on this web site comes in part from NTREIS. Real estate listings held by brokerage firms other than Real Estate By Design | Keller Williams are marked with the NTREIS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. Data last updated 2021-09-16T23:39:47.273.
 
https://bt-photos.global.ssl.fastly.net/ntreis/orig_boomver_2_14604474-2.jpg https://bt-photos.global.ssl.fastly.net/ntreis/orig_boomver_2_14604474-2.jpg https://bt-photos.global.ssl.fastly.net/ntreis/orig_boomver_2_14604474-2.jpg
Logo
Real Estate By Design | Keller Williams
2434 Lillian Miller Pkwy
Denton TX, 76205
Offered by Stephen Hargrove of Keller Williams Realty Dpr.