Price Reduction
Address
6800 Heritage Parkway, Rowlett, TX
Price
$ 3,300,000
Property Attributes
  • MLS#20485007
  • TypeCommercial
  • CountyROCKWALL
  • CityRowlett
  • NeighborhoodHeritage On The Lake-Heritage
  • Zip75087
  • StyleOffice
  • Year Built1985
  • Taxes$ 12774
  • Price$ 3,300,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Lot Size1.246 Acres
Data Source:
North Texas Real Estate Info Systems (NTREIS)
Property Description

7.4% CAP! BRING OFFERS! 100% LEASED AT CLOSING WITH A ONE YEAR MASTER LEASE FOR THE VACANT 1700 SQFT. BRAND NEW ROOF INSTALLED DECEMBER 2023. REMAX Associates is pleased to present The Landing, a two story 10 unit office building located at 6800 Heritage Pkwy. The Landing is a multi-tenant building featuring office and medical tenants, situated on approximately 1.25 acres. Built in 1985, the Property features wood framed construction, NEW ROOF, newer paint, and an ample parking ratio of 4.45 per 1,000 SF. The building is currently occupied by 8 tenants, providing an excellent opportunity to add value through leasing the additional 2 units. The Property is ideally-located just east of Baylor Scott & White Hospital, with quick access to Interstate 30 and numerous nearby amenities.

Price History
11/29/2023 Listed $3,800,000
1/19/2024 8% - $3,500,000
2/13/2024 3% - $3,400,000
4/3/2024 3% - $3,300,000

General Features

Heating Central,Electric
Cooling Central Air,Electric
Utilities City Sewer,City Water
Ceiling Height 8 to10 Feet,11 to 14 Feet
Possession Closing/Funding
Roof Composition
Year Built 1985
Tenant Pays All Utilities,Common Area Maintenance,Insurance,Taxes
Business Type Medical
Unexempt Taxes 12774
Building Use Medical,Office
Will Subdivide No
Gross Annual Expenses 154951.00
Property SubType Office
Subdivision Name Heritage On The Lake-Heritage
Accessibility Features Accessible Approach with Ramp,Accessible Bath - Half+Hall,Accessible Doors,Accessible Elevator Installed,Accessible Hallway(s)
Zoning Description Office / Medical
Occupant Type Tenant
County Rockwall
Property Type Commercial Sale
Construction Materials Siding
Year Built Details Preowned
Number Of Leaseable Spaces 2
Number Of Spaces Leased 8
Status Active
Directions North on Dalrock from 30. Right onto HWY 66. Right onto Heritage Pkwy. Property on the left.
City Rowlett
Buyer Agent Compensation 3
Street Name Heritage
Virtual Tour URL Unbranded https://www.propertypanorama.com/instaview/ntreis/20485007
Standard Status Active
Buyer Agent Compensation Type %

Interior Features

Flooring Carpet,Ceramic Tile
Total Stories 2
Total Units 10
SQFT Gross 15766
Lock Box Type None
Street Suffix Parkway

Exterior Features

Lot Size Source Public Records
Parking Features Parking Lot
Lot Size 1 to < 3 Acres
Foundation Slab
Lot Size Area 1.2460
Lot Size Units Acres
Building Area Total 15766.00
Lot Size Square Feet 54275.7600
Lot Size Acres 1.2460

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Commercial Average in 75087

Price
AVG $1.31M
$3.3M
Taxes
AVG $12,239
$12,774
Visits
AVG 128
101
Data Provided by Inside Real Estate®
Year Built
AVG 1966
1985

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