Class A Office or Medical
1400 N Coit Road #1705 McKinney, TX 75071
New
1400 N Coit Road #1705, McKinney, TX, 75071
$615,020
For Sale
$615,020
Move-in-ready suite with reception, conference room, four offices, kitchenette, private restroom, and storage.
Property Size1,337 SF
Price / SF$460
Days on Market3
Property Features for 1400 N Coit Road #1705
General Information
- Standard status
- Active
- Size
- 1,337 SF
- Property subtype
- Commercial
Building Details
- Year Built
- 2025
Listing agency
Zenappy Realty
(214) 430-2895
Listed by
Sasidhar Kaligotla · License #0749528
(214) 430-2895
Source
Cornerstonehomeandranch
Added: Jul 19 Updated: Jul 21 at 12:21AM Checked: Jul 21 at 12:21AM
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 Zenappy Realty
Investment Insights
Based on property information with market context.
Move-in-ready Class A office or medical suite located in Crescent Parc professional office park. The interior is designed for client-facing and team workflow, featuring a welcoming reception area, spacious conference room, four private offices, and a breakroom or kitchenette. Additional conveniences include a private restroom, storage closet, and attic access. The suite is finished with luxury vinyl plank flooring, vaulted ceilings, modern lighting, automatic blinds, and abundant natural light.
Situated at the northwest corner of Coit Road and US Highway 380 in McKinney, Texas, the park offers easy access via these major thoroughfares. Building signage is available, and the professionally maintained office park provides ample surface parking, landscaped surroundings, and tenant-controlled HVAC.
The suite is well-suited for professional and service-oriented uses, including medical, dental, wellness, consulting, legal, financial, insurance, engineering, technology, and other office-based businesses.
Situated at the northwest corner of Coit Road and US Highway 380 in McKinney, Texas, the park offers easy access via these major thoroughfares. Building signage is available, and the professionally maintained office park provides ample surface parking, landscaped surroundings, and tenant-controlled HVAC.
The suite is well-suited for professional and service-oriented uses, including medical, dental, wellness, consulting, legal, financial, insurance, engineering, technology, and other office-based businesses.
Key Highlights
- Move‑in‑ready 1,337 SF Class A office/medical suite in Crescent Parc professional office park (built 2025).
- Suite layout includes reception area, spacious conference room, four private offices, and breakroom or kitchenette.
- Includes a private restroom, storage closet, and attic access.
Local Financial Insights For Healthcare Medical
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 | $32.1k | $24.00 |
| − Vacancy | −$3.2k | −$2.40 |
| EGI | $28.9k | $21.60 |
| − OpEx | −$11.6k | −$8.64 |
| NOI | $17.3k | $12.96 |
1,337 SF · lease $24.00/SF/yr · vacancy 10.00% · expense 40.00%
Alternative Uses
Best Use
Healthcare Medical
$247.5K
$216.6K – $288.8K
NOI $17,328 @ 7.0% cap · market cap 2.82%
Second Best
Office B
$245.4K
$214.7K – $286.3K
NOI $17,176 @ 7.0% cap · market cap 2.79%
Theoretical Best
Office A
$375.9K
$328.9K – $438.5K
NOI $26,312 @ 7.0% cap · market cap 4.28%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Office Units
Similar For Sale Nearby
FAQs
What type of property is this?
Office units - Move-in-ready suite with reception, conference room, four offices, kitchenette, private restroom, and storage.
Where is this office units located?
The property is located at 1400 N Coit Road #1705 McKinney, TX.
What is the asking price?
The asking price for this property is $615,020.
What are key features of this property?
This property features: Move‑in‑ready 1,337 SF Class A office/medical suite in Crescent Parc professional office park (built 2025).; Suite layout includes reception area, spacious conference room, four private offices, and breakroom or kitchenette.; Includes a private restroom, storage closet, and attic access.
