Linkside Park

Price: $11,697,000
Sq. Ft.: 54,596
Cap Rate: 7.00%
Built: 2008

Linkside Business Park is a 54,596-square foot mixed-use facility in McKinney, Texas. The complex is a mix of office and retail tenants; major tenants include MediQuip International, McKinney Dance Studio, Coldwell Banker, Ferguson Financial, Grand Nail Salon, Tiger Rock Martial Arts, Fit@Stonebridge Ranch, and USPS. The center is 100 percent occupied and has been over 95 percent occupied since 2013. The office tenants have base year leases, and 100 percent of the retail tenants have triple-net leases. Eighty-four percent of the gross leasable area has personal guarantees. Linkside Business Park sits on 3.669 acres consisting of three buildings and a parking garage. The parking garage provides additional monthly income.