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212 E Broadway Street

Prosper, TX 75078
  • $1,200,000
  • STATUS: Active
  • ON SITE: 63 Days
  • MLS #: 21050835
UPDATED: 48 min ago
$1,200,000
  • 0
    BEDS
  • 0.25
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial
Built:
2017
County:
Area:

School Ratings & Info

Offered by Audra Stamp of Coldwell Banker Realty Frisco: 469-929-4084.

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.

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© 2025 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 Berkshire Hathaway HomeServices Ally Real Estate. 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 Berkshire Hathaway HomeServices Ally Real Estate 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 2025-11-07T18:46:55.92.
www.nwlapropertysearch.com/homes/167594863
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212 E Broadway Street Prosper, TX 75078

  • Price: $1,200,000
  • Status: Active
  • On Site: 63 Days
  • Updated: 48 min ago
  • MLS #: 21050835
0
Beds
0
Baths
0
½ Baths
0.25
Acres
2017
Built
Neighborhood:
Bryants First Add
County:
Collin
Area:
Prosper
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.
Exterior Features

Construction ConcreteSiding Foundation Slab Lot Size Source Public Records Parking Or Garage DrivewayOn SiteParking Lot Roof Composition Waterfront YN No

Interior Features

Ceiling Height 11 to 14 Feet Cooling Central AirElectric Flooring Luxury Vinyl Plank Handicap YN No Heating CentralElectric Sq Ft Gross 2563

Property Features

Alarm Or Security Type Smoke Detector(s) Building Area Source Public Records Building Area Total 2563.00 Building Use Office Construction Status Preowned Gross Annual Expenses 31000.00 Gross Annual Income 86000.00 Leaseable Spaces 9 Multi Zoning No Municipal Utility District No Net Operation Income 55000 Possession Closing/Funding Property Type Office Tenant Pays Other Transaction Includes Building Only Unexempt Taxes 11198 Utilities City SewerCity WaterElectricity Connected Will Subdivide No Zoning Downtown Office

North Texas Real Estate Information Systems MLS logo Listing information © 2025 North Texas Real Estate Information System.


© 2025 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 Berkshire Hathaway HomeServices Ally Real Estate. 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 Berkshire Hathaway HomeServices Ally Real Estate 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 2025-11-07T18:46:55.92.
 
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Berkshire Hathaway HomeServices Ally Real Estate
700 Ogilvie Street, Suite B
Bossier City LA, 71111
Offered by Audra Stamp of Coldwell Banker Realty Frisco: 469-929-4084.