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1212 S Preston Road

Celina, TX 75009
  • $10,500,000
  • STATUS: Active
  • ON SITE: 97 Days
  • MLS #: 21173346
UPDATED: 23 min ago
$10,500,000
  • 0
    BEDS
  • 2.4
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial
Built:
2018
County:
Area:

School Ratings & Info

Offered by Bobby Apple of Keller Williams Prosper Celina: 972-382-8882.

Description

The subject property is the only Class A Office Building located on Preston Rd. in Celina, TX. The listed property for sale is a 100% fully leased office building. The office building has $572,268 Net Operating Income for 2026,based on a $10,500,000 price the Cap Rate is 5.5%. The building has a 2027 $588,881 Net Operating Incomebased on a $10,500,000 price the Cap Rate is 5.6%. There is an additional 1.6 acre land parcel priced at $1,500,000 located behind the listed building also for sale. MLS 21170840.

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© 2026 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 One West Real Estate Co.. 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 One West Real Estate Co. 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 2026-05-15T15:49:38.387.
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1212 S Preston Road Celina, TX 75009

  • Price: $10,500,000
  • Status: Active
  • On Site: 97 Days
  • Updated: 23 min ago
  • MLS #: 21173346
0
Beds
0
Baths
0
½ Baths
2.4
Acres
2018
Built
Neighborhood:
Keller Williams Add Ph 1
County:
Collin
Area:
Celina
Property Description
The subject property is the only Class A Office Building located on Preston Rd. in Celina, TX. The listed property for sale is a 100% fully leased office building. The office building has $572,268 Net Operating Income for 2026,based on a $10,500,000 price the Cap Rate is 5.5%. The building has a 2027 $588,881 Net Operating Incomebased on a $10,500,000 price the Cap Rate is 5.6%. There is an additional 1.6 acre land parcel priced at $1,500,000 located behind the listed building also for sale. MLS 21170840.
Exterior Features

Construction Brick Construction Materials Walls BrickCement Block Foundation Slab Lot Description Acreage Lot Size Source Public Records Parking Or Garage Additional ParkingAssignedCommonConcrete Roof Built-UpMetal Waterfront YN No

Interior Features

Ceiling Height 11 to 14 Feet Cooling Central AirElectric Flooring Ceramic Tile Handicap YN Yes Heating CentralNatural Gas Sq Ft Gross 22334

Property Features

Building Area Source Assessor Building Area Total 22334.00 Building Use Office Construction Status Preowned Gross Annual Expenses 186513.00 Gross Annual Income 803781.00 Insurance Expense 25870 Leaseable Spaces 4 Listing Terms 1031 ExchangeCashContact AgentConventionalNot Assumable Max Lease Rate 2.67 Min Lease Rate 2.42 Multi Zoning No Municipal Utility District No Net Operation Income 617268 Owner Pays Management Possession Closing/Funding Property Type Office Tenant Pays All UtilitiesCommon Area MaintenanceInsuranceJanitorial ServiceTaxes Transaction Includes Land & Improvements Unexempt Taxes 138922 Utilities All Weather RoadCity SewerCity WaterConcreteCurbsIndividual Gas MeterIndividual Water MeterSidewalkUnderground Utilities Will Subdivide No Zoning Commercial

North Texas Real Estate Information Systems MLS logo Listing information © 2026 North Texas Real Estate Information System.


© 2026 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 One West Real Estate Co.. 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 One West Real Estate Co. 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 2026-05-15T15:49:38.387.
 
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One West Real Estate Co.
316 S Main Street, Suite 106
Mansfield TX, 76063
Offered by Bobby Apple of Keller Williams Prosper Celina: 972-382-8882.