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125 W Princeton Dr
Princeton, TX 75407 Rowlett/Wylie

$288,750 - $577,500 USD

Medical Condos For Sale  •  1,050+ SF

Property Details

  • Property Type Medical
  • Total Building Size 4,740 SF
  • Lot Size 1.22 AC
  • Building Class C
  • Year Built 2005
  • Cap Rate 7.35 %
  • Tenancy Multiple
  • Zoning C1
0 Transit Score
65 Walk Score

3 Units Available

Name Condo Use Size Price Details
1st Floor - Unit 200 Medical Office 1,050 SF $288,750 USD
  • Unit Size: 1,050 SF
  • Condo Use: Medical Office
  • Price: $288,750 USD
  • Sale Type: Investment or Owner User
  • Price/SF: $275.00 USD
Description
Building currently open span with 1 demising wall.  Heat/Air, electricity, plumbing, 1 bathroom & fire suppression already in building.  Easy to remove roll up doors to make office or retail front.  Units can be divided to accommodate various sizes. ranging from 1050sf, 1550sf, 2100sf, 3150sf, etc.  Great flexibility and extremely high traffic location!

Sale Notes
SELLER FINANCING AVAILABLE.  Inquire with agent for details.
1st Floor - Unit 300 Medical Office 2,100 SF $577,500 USD
  • Unit Size: 2,100 SF
  • Condo Use: Medical Office
  • Price: $577,500 USD
  • Sale Type: Investment or Owner User
  • Price/SF: $275.00 USD
1st Floor - Unit 400 Office/Retail 1,050 SF $300,000 USD
  • Unit Size: 1,050 SF
  • Condo Use: Office/Retail
  • Price: $300,000 USD
  • Sale Type: Investment
  • Price/SF: $285.71 USD
Sale Notes
Current tenant lease expires 1/31/2028.  
(1) 36 month option to extend at fair market rent

Description 

Building currently open span with 1 demising wall.  12' ceilings, 3 phase power, Heat/Air, electricity, plumbing, 1 bathroom & fire suppression already in building.  Easy to remove roll up doors to make office or retail front as shown in renderings.  Units can be divided to accommodate various sizes ranging from 1050sf, 1550sf, 2100sf, 3150sf, etc.  Great flexibility for variety of uses outside of medical, office, retail, children related activities, gym, martial arts studio, learning center, and more.  Princeton ranked in top 5 fastest growing cities in the Nation for 2024.

Highlights

Excellent sign visibility on the building.
36,000+ daily vehicle count
Owner is a commercial builder so options available to turn key.
Population has grown by 103% in last 10 years with current population of 31,523 according to worldpopulationreview.com
12' Ceilings & 3 phase power

Financial Summary

Cap Rate: 7.35 %
Total Expenses: $0 USD

Public Transportation

AirportDriveWalkDistance
Dallas Love Field 54 min - 43.0 mi
Christopher DiGino 940-228-6221 Compass RE Texas LLC
Christopher DiGino 940-228-6221 Compass RE Texas LLC