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426 Metro Park Drive, McKinney, TX 75071
$1,775,000
426 Metro Park Drive, McKinney, TX 75071View this property at 426 Metro Park Drive, McKinney, TX 75071
426 Metro Park DriveMcKinneyTX75071
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Property Description
Railhead Realty, LLC is pleased to announce the exclusive listing for a leased fee interest in a corporate signed, NNN ground lease, Enterprise Truck Rental located in Mckinney, Texas. EAN Holdings, LLC, doing business as Enterprise Truck Rental. With approximately 6.5 years left on the initial term with 4 (5 year) option periods to extend. The lease features 7.5% rental increases at the beginning of each option period, increasing NOI and hedging against inflation. With minimal owner responsibilities, this NNN is a management free passive investment. Owner responsibilities are limited to maintaining liability insurance. EAN Holdings currently operates over 7,000 Rent-A-Car locations worldwide.
Full Property Details
Full Property Details for 426 Metro Park Dr
General
- Price: $1,775,000
- Taxes: $30,846
- Status: Active
- Type: Industrial
- MLS ID: 20601258
- Updated: 5/5/2024
- Added to Site: 22 day(s) ago
Business
- Business Type: Auto Rent/Lease
Interior
- Flooring: Carpet, Concrete
Parking
- Parking Features: Additional Parking, Concrete, Enclosed
Location
- County: Collin
- Subdivision: Tejas Testing 15 Mckinney
- Driving Directions: GPS works great.
Heating & Cooling
- Central air: Yes
- Air Conditioning: Yes
- Cooling Type: Central Air
- Heating Type: Central
Utilities
- Sewer: Public Sewer
- Water: Public
- Utility Description: Sewer Available, Water Available
Structural Information
- Detached/Attached: Detached
- Construction: Concrete
- Roof: Asphalt
- Stories/Levels: 1
- Square Feet: 7,200
- Sq. Ft. Source: Owner
- Year Built: 1994
Lot Features
- Lot Size (Acres): 1.776
- Lot Size (Sq. Ft.): 77,362.56
- Lot Size Source: Public Records
- Zoning: Commercial
Financial Considerations
- Tax Amount: $30,846
- Tenant Pays: All Utilities
Disclosures and Reports
- Buyer’s Brokerage Compensation: 2%
- Special Conditions: Standard
- Legal Description: TEJAS TESTING NO 15 MCKINNEY (CMC), BLK 1, LO
- Exclusions: Tenants equipment and furnishings.
- Inclusions: Land & Improvements
- Property ID: R307400100101
- Block: 1
- Lot Number: 1
Listed by Railhead Realty, Llc, Jacob Peoples
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Schools
Schools serving 426 Metro Park Dr
School District:McKinney Independent School District
Rating | Name | Grades | Distance |
---|---|---|---|
4101 Shawnee Rd, McKinney, TX 75071 | K-5 | 2.1 mi | |
3400 Community Ave, McKinney, TX 75071 | 6-8 | 2.3 mi | |
2550 Wilmeth Rd, McKinney, TX 75071 | 9-12 | 2.3 mi |
Disclaimer: School ratings provided by
GreatSchools. Ratings are on a scale of 1-10.
Learn more about GreatSchools ratings.
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 426 Metro Park Dr
Date
Details
Price
Change
Source
4/29/2024
Listed
$1,775,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 426 Metro Park Dr
Year
Property Taxes
Change
Tax Assessment
Change
2022
$24,713
—
$1,727,495
40%
2022
$24,713
42%
$1,233,145
51%
2021
$17,365
26%
$817,687
33%
2020
$13,745
—
$614,406
1%
2019
$13,802
12%
$610,658
17%
2018
$12,358
-3%
$519,869
-1%
2017
$12,711
—
$522,605
2%
2016
$12,697
-5%
$511,443
-2%
2015
$13,373
—
$522,406
—
2014
$13,386
-2%
$520,881
-2%
2013
$13,668
—
$530,459
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 426 Metro Park Dr
426 Metro Park Drive, McKinney, TX 75071 (MLS# 20601258) is a Industrial property. 426 Metro Park Drive is currently listed for $1,775,000 and was received on April 29, 2024. Want to learn more about 426 Metro Park Drive? Do you have questions about finding other Industrial real estate for sale in McKinney? You can browse all McKinney real estate or contact a Coldwell Banker agent to request more information.