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100 Parker Square Rd

32,516 SF Specialty Building Offered at $12,048,495 CAD at a 7% Cap Rate in Flower Mound, TX 75028

Investment Highlights

  • Lease Guaranteed by State of Texas

Executive Summary

Two story 31,325 rentable square feet. Leased by Mid Western University, part of Texas Tech University, guaranteed by the State of Texas. Building was build to suit for current tennant in 2018. May 0f 2026 the rent goes to $20.00 nnn. They have two 5 year extensions with an option to buy at a 625% cap based on $20.00 sq.ft. May of 2026. Appointment Only.

Financial Summary (Actual - 2023) Click Here to Access

Annual (CAD) Annual Per SF (CAD)
Gross Rental Income - -
Other Income - -
Vacancy Loss - -
Effective Gross Income - -
Net Operating Income $99,999 $9.99

Financial Summary (Actual - 2023) Click Here to Access

Gross Rental Income (CAD)
Annual -
Annual Per SF -
Other Income (CAD)
Annual -
Annual Per SF -
Vacancy Loss (CAD)
Annual -
Annual Per SF -
Effective Gross Income (CAD)
Annual -
Annual Per SF -
Net Operating Income (CAD)
Annual $99,999
Annual Per SF $9.99

Property Facts

Price $12,048,495 CAD
Price Per SF $371 CAD
Sale Type Investment
Cap Rate 7%
Property Type Specialty
Property Subtype Schools
Building Class B
Lot Size 0.75 AC
Building Size 32,516 SF
No. Stories 2
Year Built 2018

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
R700481
Land Assessment
$964,703 CAD
Improvements Assessment
$6,822,330 CAD
Total Assessment
$7,787,033 CAD
  • Listing ID: 32692832

  • Date on Market: 2024-08-05

  • Last Updated:

  • Address: 100 Parker Square Rd, Flower Mound, TX 75028

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