Flexible Flex Space
For Sale
Contact for pricing
125 W Princeton Dr, Princeton, TX 75407
Commercial suite with existing utility and life-safety infrastructure for medical, office, retail, and activity-based uses.
Property Size1,050 SF
Price / SF$285.71
Days on Market176
Property Features for 125 W Princeton Dr
General Information
Standard status
Active
Size
1,050 SF
Class
C
Property subtype
Retail, Office
Zoning
C1
Occupancy
100%
Investment Type
Owner/User
Net Operating Income
$22,050
Building Details
Year Built
2005
Year Renovated
2014
Stories
1
Units
3
Tenancy
Single
Listing Agency:
Compass Dallas
Listed By:
Chris DiGino · License #0564026
(940) 228-6221
Source:
Crexi
Added: Apr 27
Changed: Oct 10
Last Checked: Oct 19 at 7:17AM
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 Compass Dallas
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Investment Insights
Based on property information with market context.
Suite 200 at 125 W Princeton Dr offers 1,050 square feet of flex space within a 2005-built property. The space includes a 12-foot ceiling plate, electrical service, plumbing, and an existing fire suppression system, providing a finished infrastructure base for a range of commercial applications.
The property is zoned C1 and located in Princeton, Texas. Potential uses identified for the space include medical, office, retail, children-related activities, a gym, martial arts instruction, and a learning center.
The property is zoned C1 and located in Princeton, Texas. Potential uses identified for the space include medical, office, retail, children-related activities, a gym, martial arts instruction, and a learning center.
Key Highlights
- 1,050 SF flex space in Suite 200
- 12' ceiling plate
- Electricity and plumbing already in place
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$16,895
Cap Rate
5.63%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$337,900
$337.9K
Cap Rate 7%
$241,357
$241.4K
Cap Rate 9%
$187,722
$187.7K
Market Conditions
NOI Build-Up for 1,050 SF
Gross rent
$25.3K $24.12/SF
− Vacancy
−$1.2K −$1.13/SF
EGI
$24.1K $22.99/SF
− OpEx
−$7.2K −$6.90/SF
NOI
$16.9K $16.09/SF
Area
Collin County, TX
Vacancy
4.70%
Lease Rate
$24.12 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$337,900
Cap Rate 7%
$241,357
Cap Rate 9%
$187,722
Alternative Uses
Best Use
Industrial
$1.04M
$912.9K – $1.22M
NOI $73,034 @ 7.0% cap · market cap 24.34%
Second Best
Retail
$241.4K
$211.2K – $281.6K
NOI $16,895 @ 7.0% cap · market cap 5.63%
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Location Intelligence
Trade Area within ½ mile
492
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
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
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Office in South region
Frequently Asked Questions
What type of property is this?
Flex space - Commercial suite with existing utility and life-safety infrastructure for medical, office, retail, and activity-based uses.
Where is this flex space located?
The property is located at 125 W Princeton Dr Princeton, TX.
What is the asking price?
The asking price for this property is $300,000.
What are key features of this property?
This property features: 1,050 SF flex space in Suite 200; 12' ceiling plate; Electricity and plumbing already in place
