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1212 S Preston Road

Celina, TX 75009
  • $9,500,000
  • STATUS: Active
  • ON SITE: 38 Days
  • MLS #: 21380058
$9,500,000
  • 0
    BEDS
  • 2.41
    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. Tenants pay Rent plus NNN Expenses and Utilities. The listed property for sale is priced at a 100% fully leased office building. The office building has a projected $617,268 Net Operating Income for 2026, based on a $9,500,000 price the Cap Rate is 6.5%. The building is at 86% occupancy at this time. The 2027 NOI is projected at $633,881.There is an additional 1.6 acre land parcel priced at $1,500,000 located behind the listed building also for sale but the building plus the 1.6 acres is available at $10,000,000.

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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 Team Hodnett | Keller Williams Realty. 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 Team Hodnett | Keller Williams Realty 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 2026-10-15T23:43:22.52.
www.teamhodnett.com/homes/180945170
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1212 S Preston Road Celina, TX 75009

  • Price: $9,500,000
  • Status: Active
  • On Site: 38 Days
  • MLS #: 21380058
0
Beds
0
Baths
0
½ Baths
2.41
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. Tenants pay Rent plus NNN Expenses and Utilities. The listed property for sale is priced at a 100% fully leased office building. The office building has a projected $617,268 Net Operating Income for 2026, based on a $9,500,000 price the Cap Rate is 6.5%. The building is at 86% occupancy at this time. The 2027 NOI is projected at $633,881.There is an additional 1.6 acre land parcel priced at $1,500,000 located behind the listed building also for sale but the building plus the 1.6 acres is available at $10,000,000.
Exterior Features

Construction Brick Construction Materials Walls BrickCement Block Foundation Slab Lot Description Acreage Lot Size Source Public Records Parking Or Garage Additional ParkingAssignedCommonConcrete Road Frontage Type Highway 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 186411.00 Gross Annual Income 798679.00 Leaseable Spaces 4 Listing Terms 1031 ExchangeCashContact AgentConventionalNot Assumable Multi Zoning No Municipal Utility District No Net Operation Income 6172689 Owner Pays Management Possession Closing/Funding Property Type Office Tenant Pays All UtilitiesCommon Area MaintenanceInsuranceJanitorial ServiceTaxes Transaction Includes Land & Improvements 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 Team Hodnett | Keller Williams Realty. 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 Team Hodnett | Keller Williams Realty 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 2026-10-15T23:43:22.52.
 
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Team Hodnett | Keller Williams Realty
2106 E State Highway 114, Suite 101
Southlake TX, 76092
Offered by Bobby Apple of Keller Williams Prosper Celina: 972-382-8882.