Add Listing
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    1400 N Coit Rd McKinney, TX 75071

    View on Map
    Sponsored
    For Lease
    Under Contract
    $4,800 /Mo ($40 SF/Yr)

    Office - McKinney, TX

    Type:Office
    Lot size:
    0.03 Acres
    Days on Market:
    19
    Last Refresh:
    Mar 12 at 9:06 am

    Property Features for 1400 N Coit Rd

    General Information

    Property type
    Other
    Property subtype
    Office
    Property condition
    New Construction
    Standard status
    Active Under Contract
    APN
    2906248
    Lot size
    0.03 Acres

    Utilities

    Heating system
    Central
    Cooling system
    Central Air

    Building Details

    Year built
    2025
    Flooring type
    Vinyl
    Building materials
    Concrete
    Roof type
    Shingle
    Architectural style
    Other

    We can help!

    Listing Contact
    Sasidhar Kaligotla

    Zenappy Realty (214) 430-2895

    Listing agent Sasidhar Kaligotla (214) 430-2895 License #0749528

    Listing date Feb 21, 2026

    MLS# 21065844 Listing URL

    Copyright © 2026 North Texas Real Estate Information Systems, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Property Insight Report

    Overview

    Class A Office Suite

    This Class A professional or medical suite is the largest unit in a well-maintained association. The unit features high visibility and prominent building signage. The thoughtfully designed layout includes a reception or waiting area, a fully equipped kitchen, a restroom, a conference room, and six private office rooms. The flexible floor plan allows rooms to be combined for larger spaces or divided into smaller sections. High ceilings and recessed lighting create a bright and professional ambiance. The property is situated near the high-traffic intersection of Hwy 380 and Coit, with approximately 50,000 vehicles passing daily, ensuring excellent exposure and accessibility. This suite is suited for professionals seeking a dynamic and thriving environment in McKinney, TX. The lot size is 0.0327 acres.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Office Units

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Spa & Massage Center Dental Office Big Box & Wholesale Store Hair Salon Auto Repair Shop Nail Salon

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    McKinney
    County
    Collin
    State
    Texas
    Longitude
    -96.6057
    Latitude
    33.2115

    Nearby Similar for Lease

    • New
      $2,295 /Mo
      1,224 SF

      Professional Office Space in McKinney

      New 1225 SF office space in desirable McKinney location.
      6000 Alma Rd, McKinney, TX 75070
      View Details
    • New
      $3,800 /Mo
      8,712 SF

      McKinney Ranch Home with Workshop

      Live and work space with remodeled workshop in McKinney, TX.
      10560 Rose Bud Ct, McKinney, TX 75072
      View Details
    • $3,066 /Mo
      1,185 SF

      New Office Condos For Lease

      Brand-new office condos for lease in prime McKinney location.
      3801 N Central Expy, McKinney, TX 75071
      View Details
    • $2,900 /Mo
      10,759 SF

      Updated Office Building with Parking

      Well-maintained office with modern amenities, convenient parking, and great location.
      2252 E University Dr, McKinney, TX 75069
      View Details
    • $2,700 /Mo
      186,916 SF

      Move-in Ready McKinney Office Suite

      Professional office suite in a high-traffic McKinney location.
      1402 S Custer Rd, McKinney, TX 75072
      View Details
    • $4,500 /Mo
      579,348 SF

      McKinney Office Space For Rent

      Office suite in prime North McKinney location near Dallas Tollway.
      1400 N Coit Rd, McKinney, TX 75071
      View Details
    • $3,000 /Mo
      561,924 SF

      Move-in Ready Office Space

      Professional office space in Collin Ridge Office Park, McKinney, TX
      6000 Alma Dr, McKinney, TX 75070
      View Details
    • $3,200 /Mo
      4,900 SF

      Move-in Ready Office Space

      Professional office space with high-end finishes, ready for immediate occupancy.
      6000 Alma Dr, McKinney, TX 75070
      View Details
    • $3,200 /Mo
      519,017 SF

      Move-in Ready Office Condo

      Functional office suite in a premium McKinney location.
      3900 S Stonebridge Dr, McKinney, TX 75070
      View Details
    • $25 SF/Yr
      237,838 SF

      McKinney Office Space For Lease

      Professional office space near Baylor Scott and White Medical Center.
      2001 Auburn Hills Pkwy, McKinney, TX 75071
      View Details
    • $3,300 /Mo
      4 SF

      Modern Office Space in McKinney

      Modern medical or office space in prime McKinney location.
      1400 Coit Rd, McKinney, TX 75071
      View Details
    • $20 SF/Yr
      1,224 SF

      Professional Office Space in McKinney

      Turnkey office space in McKinney's thriving commercial corridor.
      6000 Alma Rd, McKinney, TX 75070
      View Details

    FAQs

    What type of property is this?
    Office units - Move-in ready office suite in a high-traffic McKinney location.
    Where is this office units located?
    The property is located at 1400 N Coit Rd McKinney, TX.
    What is the lease rate?
    The lease rate is $40 SF/Yr.
    What are key features of this property?
    This property features: - Prime Class A professional or medical suite, fully finished and move-in ready.; - High visibility and branding with prominent building signage.; - Strategic location near Hwy 380 and Coit with high daily traffic (approximately 50,000 vehicles).
    (214) 430-2895
    Request Owner's contact information
    1400 N Coit Rd McKinney, TX 75071
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    1400 N Coit Rd
    McKinney, TX 75071
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1400 N Coit Rd McKinney, TX 75071
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Listing Contact
    Sasidhar Kaligotla
    Real Estate License ID: 0749528
    (214) 430-2895
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!