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Two-Story Medical Office Building
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11005 Preston Rd, Frisco, TX 75033

Two-story professional and medical office building within a mixed-use office and retail development.

Property Size1,797 SF
Price / SF$400
Days on Market403

Property Features for 11005 Preston Rd

General Information

Standard status Active
Size 1,797 SF
Property subtype OFFICE

Additional Details

Highway Access Yes

Amenities

building signage
monument signage

Building Details

Stories 2
Listing Agency: Legacy Commercial Realty, LLC
Listed By: Joe Martinez · License #788375
Source: Moodyscre
Added: Jun 25, 2025 Changed: Jul 26 Last Checked: Jul 31 at 12:58PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Legacy Commercial Realty, LLC

Investment Insights

Based on property information with market context.

This two-story professional and medical office building is part of a larger multi-building, mixed-use office and retail development. Suites are available for custom finish-out with an August 2025 availability timeline. Building and monument signage are available to support visibility for an owner or tenant.

The property is centrally located in Frisco on Preston Road, with close proximity to the Dallas North Tollway, the Sam Rayburn Tollway, and US Hwy 380.

As a professional and medical office asset, the building supports office-focused operations and can accommodate tailored suite improvements ahead of availability.

Key Highlights

  • Two‑story professional/medical office building within a mixed‑use office and retail development
  • Upscale professional & medical office suites available for custom finish out in August 2025
  • Centrally located in Frisco on Preston Road

Financial Insights For Office B

Simulate Cap Rate and NOI

NOI Build-Up
Vacancy
income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
EGI (Effective Gross Income)
gross rent minus vacancy losses — the realistic income before paying operating costs.
OpEx (Operating Expenses)
recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
NOI (Net Operating Income)
income a property generates after operating costs but before financing and taxes.

Component $ $/SF
Gross rent $56.5k $31.44
− Vacancy −$7.3k −$4.09
EGI $49.2k $27.35
− OpEx −$12.3k −$6.84
NOI $36.9k $20.51
1,797 SF · lease $31.44/SF/yr · vacancy 13.00% · expense 25.00%

Alternative Uses

Best Use
Office B
$526.6K
$460.8K – $614.4K (±1% cap)
NOI $36,865 @ 7.0% cap · market cap 5.13%
Second Best
Healthcare Medical
$332.7K
$291.1K – $388.2K (±1% cap)
NOI $23,289 @ 7.0% cap · market cap 3.24%
Theoretical Best
Office A
$701.1K
$613.5K – $818.0K (±1% cap)
NOI $49,078 @ 7.0% cap · market cap 6.83%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Office Units

Suggested Use

Top Pick Spa & Massage Center Law Firm Hair Salon Big Box & Wholesale Store Auto Parts Store Grocery & Convenience Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes
Highway access

Location Intelligence

Trade Area within ½ mile

94
Businesses Nearby

Demographics for 75033, TX

45,347
Population
16,717
Households
2.7
Avg Household Size
35
Median Age
65%
College-Educated
96%
High-School Grad
21.9 sq mi
ZIP Area
2,071
Density / Sq Mi
$171,640
Median Household Income
$75,703
Median Earnings
$2,055
Median Rent
$606,500
Median Home Value

Market

Vacancy Rate% for Office in South region

14.4% 2019
16.4% 2020
17.3% 2021
18% 2022
18.6% 2023
20.3% 2024
20.2% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Office units - Two-story professional and medical office building within a mixed-use office and retail development.
Where is this office units located?
The property is located at 11005 Preston Rd Frisco, TX.
What is the asking price?
The asking price for this property is $718,800.
What are key features of this property?
This property features: Two‑story professional/medical office building within a mixed‑use office and retail development; Upscale professional & medical office suites available for custom finish out in August 2025; Centrally located in Frisco on Preston Road
(214) 535-1876 Call to check price and availability
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