Corner-Floor Office Suite with
8751 Collin McKinney Parkway #101 McKinney, TX 75070
New
For Sale
$449,000
Office condo suite with four private offices, reception/waiting area, conference room, kitchen, break room, and private restroom.
Property Size1,150 SF
Price / SF$390.43
Days on Market5
Property Features for 8751 Collin McKinney Parkway #101
General Information
Standard status
Active
Size
1,150 SF
Property subtype
Commercial
Building Details
Year Built
2018
Listing Agency:
RE/MAX Four Corners
(972) 832-2773
Listed By:
Ken Ussery
(972) 832-2773
Source:
Signaturere
Added: Jul 23
Changed: Jul 24
Last Checked: Jul 26 at 5:52PM
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 RE/MAX Four Corners
Investment Insights
Based on property information with market context.
Move-in ready office condominium suite on a highly visible corner location. The layout includes four private offices, or an alternate configuration of three private offices plus a spacious conference room. Each office has exterior windows for natural light.
The suite also features a dedicated reception and waiting area for client arrivals, along with a well-appointed kitchen and break room for daily use. A private restroom is included for convenience. The property fronts Collin McKinney Parkway and is situated moments from shopping, dining, and services along Custer Road, with quick access to Sam Rayburn Tollway (SRT).
The suite also features a dedicated reception and waiting area for client arrivals, along with a well-appointed kitchen and break room for daily use. A private restroom is included for convenience. The property fronts Collin McKinney Parkway and is situated moments from shopping, dining, and services along Custer Road, with quick access to Sam Rayburn Tollway (SRT).
Key Highlights
- 2018‑built office condominium on a highly visible corner fronting Collin McKinney Parkway
- Includes four private offices, with layout option for three offices plus a spacious conference room
- Dedicated reception and waiting area for client check‑in and pre‑appointment seating
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 | $25.3k | $21.96 |
| − Vacancy | −$5.6k | −$4.83 |
| EGI | $19.7k | $17.13 |
| − OpEx | −$4.9k | −$4.28 |
| NOI | $14.8k | $12.85 |
1,150 SF · lease $21.96/SF/yr · vacancy 22.00% · expense 25.00%
Alternative Uses
Best Use
Office B
$211.1K
$184.7K – $246.2K
NOI $14,774 @ 7.0% cap · market cap 3.29%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$323.3K
$282.9K – $377.2K
NOI $22,632 @ 7.0% cap · market cap 5.04%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Office units - Office condo suite with four private offices, reception/waiting area, conference room, kitchen, break room, and private restroom.
Where is this office units located?
The property is located at 8751 Collin McKinney Parkway #101 McKinney, TX.
What is the asking price?
The asking price for this property is $449,000.
What are key features of this property?
This property features: 2018‑built office condominium on a highly visible corner fronting Collin McKinney Parkway; Includes four private offices, with layout option for three offices plus a spacious conference room; Dedicated reception and waiting area for client check‑in and pre‑appointment seating
