Modern Office Condo with Monument
For Sale
$535,000
Pending
1312 W Exchange Parkway #2100 2100, Allen, TX 75013
Professional office suite with reception, private offices, conference space, break area, and restroom.
Property Size1,230 SF
Days on Market51
Property Features for 1312 W Exchange Parkway #2100 2100
General Information
Standard status
Pending
Size
1,230 SF
Total Parking Spaces
2
Additional Details
Highway Access
Yes
Office Units
1
Building Details
Year Built
2020
Listing Agency:
Compass RE Texas, LLC.
(214) 814-8100
Listed By:
Brett Palmer · License #0729087
(214) 325-9827
Source:
Suekrider
Added: Sep 4
Changed: Oct 11
Last Checked: Oct 23 at 6:37AM
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 RE Texas, LLC.
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Investment Insights
Based on property information with market context.
This 1,230 SF office condominium, built in 2020, provides a practical professional layout with a reception area, private offices, conference space, break area, and restroom. The interior configuration is suited to a range of office operations, including professional, medical, legal, and financial services.
The property is located in Acadian Office Park at Twin Creeks in Allen, at the signalized intersection of Exchange Parkway and Alma Drive. Access to US-75 and SH-121 supports connectivity for clients and employees. Property features include prominent monument signage, on-site parking with two reserved spaces, and a finished office environment within a professional office development.
The property is located in Acadian Office Park at Twin Creeks in Allen, at the signalized intersection of Exchange Parkway and Alma Drive. Access to US-75 and SH-121 supports connectivity for clients and employees. Property features include prominent monument signage, on-site parking with two reserved spaces, and a finished office environment within a professional office development.
Key Highlights
- 1,230 SF office condominium built in 2020
- Reception, private offices, conference space, break area, and restroom
- Two reserved parking spaces included
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$14,987
Cap Rate
2.80%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$299,740
$299.7K
Cap Rate 7%
$214,100
$214.1K
Cap Rate 9%
$166,522
$166.5K
Market Conditions
NOI Build-Up for 1,230 SF
Gross rent
$26.7K $21.72/SF
− Vacancy
−$6.7K −$5.47/SF
EGI
$20.0K $16.25/SF
− OpEx
−$5.0K −$4.06/SF
NOI
$15.0K $12.18/SF
Area
Allen, TX
Vacancy
25.20%
Lease Rate
$21.72 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$299,740
Cap Rate 7%
$214,100
Cap Rate 9%
$166,522
Alternative Uses
Best Use
Office B
$214.1K
$187.3K – $249.8K
NOI $14,987 @ 7.0% cap · market cap 2.80%
Second Best
—
—
no second resolved use
Theoretical Best
Warehouse
$326.0K
$285.3K – $380.4K
NOI $22,822 @ 7.0% cap · market cap 4.27%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Lease Details
1
Office units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
1,797
Businesses Nearby
Explore this area
Business Placement
Demographics for 75013, TX
48,360
Population
18,341
Households
2.6
Avg Household Size
37
Median Age
65%
College-Educated
97%
High-School Grad
15.0 sq mi
ZIP Area
3,224
Density / Sq Mi
$151,618
Median Household Income
$77,367
Median Earnings
$1,810
Median Rent
$561,000
Median Home Value
Market
Vacancy Rate% for Office in South region
Frequently Asked Questions
What type of property is this?
Office unit - Professional office suite with reception, private offices, conference space, break area, and restroom.
Where is this office unit located?
The property is located at 1312 W Exchange Parkway #2100 2100 Allen, TX.
What is the asking price?
The asking price for this property is $535,000.
What are key features of this property?
This property features: 1,230 SF office condominium built in 2020; Reception, private offices, conference space, break area, and restroom; Two reserved parking spaces included
