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Office Suite with Private Office
For Lease
$1,518/Mo

123 W Princeton Drive, Princeton, TX 75407

CommercialLease, Princeton, TX

Space Size143 SF
Lot Size0.52 Acres
Days on Market10

Property Features for 123 W Princeton Drive

General Information

Property type Commercial Lease
Property subtype Office
Zoning description City of Princeton
Parking features Off Street
Subdivision Lost Highway Addition
Lot features Level
Directions From McKinney, Take State Highway 380 East into Princeton. Look for The Business Center on the right hand side. Look for property next to La Rocas Restaurant and prior to North Second Street.
Standard status Active
APN 2878564
Lot size 0.52 Acres

Taxes and HOA fees

Tax Description DDITION THE, BLK A, LOT 1R1; * REPLAT *
Legal Description DDITION THE, BLK A, LOT 1R1; * REPLAT *

Utilities

Sewer type Public Sewer
Heating system Electric (Heating)
Cooling system Central Air
Water source Public

Amenities

restrooms
sinks
microwave facilities

Building Details

Year built 2023
Floors in Building 1
Number of units 1
Flooring type Carpet
Building materials FiberCement
Roof type Asphalt
Listing Agency: Texan Team
Listed By: Travis Hunt · License #0746164
Added: Oct 4 Last Checked: Oct 13 at 5:06PM
MLS# 21402888

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.

Investment Insights

Based on property information with market context.

This 143 SF office suite at The Business Center is arranged with an approximately 45.75 SF reception area and a 97.5 SF private office. A dedicated exterior entrance provides direct access, while shared amenities include restrooms, sinks, and microwave facilities. Off-street parking is available for tenants and visitors. The building was constructed in 2023.

The office fronts US Highway 380 at 123 W Princeton Drive in Princeton. The stated traffic volume is approximately 36,000 vehicles per day. Exterior signage may be allowed in designated areas, subject to landlord approval, lease terms, and applicable regulations.

The current sublease runs through May 30, 2027. An extension may be requested, subject to landlord approval and applicable lease terms. The space is identified for professional and administrative uses, subject to permitted-use requirements.

Key Highlights

  • 143 SF office suite with a 45.75 SF reception area and 97.5 SF private office
  • Frontage on US Highway 380; approximately 36,000 vehicles per day
  • Dedicated exterior entrance and off‑street parking

Property Analytics

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Current Use

Brady Cottle: Allstate ... Insurance Agency Wilson Switch Home ... Construction Company Airview AC HVAC Service Airview AC Princeton ... Hardware & Home Improvement Centered Mental Health ... Medical Clinic

Suggested Use

Top Pick Law Firm Real Estate Agency Parking Lot & Garage Kitchen & Bath Showroom Electrical Service Big Box & Wholesale 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
Yes
Utilities to site
NNN (Triple Net)
Lease Type
$19.11 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

492
Businesses Nearby

Demographics for 75407, TX

25,738
Population
10,095
Households
2.5
Avg Household Size
32
Median Age
25%
College-Educated
89%
High-School Grad
49.9 sq mi
ZIP Area
516
Density / Sq Mi
$92,076
Median Household Income
$48,912
Median Earnings
$1,867
Median Rent
$307,500
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

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
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Frequently Asked Questions

What type of property is this?
Office units - A separate exterior doorway provides direct entry to a reception area and enclosed workspace.
Where is this office units located?
The property is located at 123 W Princeton Drive Princeton, TX.
What is the lease rate?
The lease rate is $1,518/Mo.
What are key features of this property?
This property features: 143 SF office suite with a 45.75 SF reception area and 97.5 SF private office; Frontage on US Highway 380; approximately 36,000 vehicles per day; Dedicated exterior entrance and off‑street parking
More about this property
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