Professional Office
For Sale
$535,000
1312 W Exchange Pkwy Unit 2100, Allen, TX 75013
Built in 2020 with private offices, conference space, and dedicated parking.
Property Size1,230 SF
Price / SF$434.96
Days on Market78
Property Features for 1312 W Exchange Pkwy Unit 2100
General Information
Standard status
Active
Size
1,230 SF
Site & Location
Highway Access
Yes
Road Access
Yes
Additional Details
Office Units
1
Building Details
Year Built
2020
Listing Agency:
Compass RE Texas, LLC.
Listed By:
Brett Palmer · License #0729087
(214) 325-9827
Source:
Franzettirealestate
Added: Aug 8
Changed: Oct 11
Last Checked: Oct 7 at 4:13PM
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-square-foot office condominium at 1312 Exchange Parkway provides a reception area, private offices, conference space, break area, and restroom. Constructed in 2020, the property has a professional interior finish and includes two reserved parking spaces along with monument signage.
The office is positioned at the signalized intersection of Exchange Parkway and Alma Drive in Allen, with access to US-75 and SH-121. Sidewalks serve the property, supporting convenient arrival for occupants and visitors.
The office is positioned at the signalized intersection of Exchange Parkway and Alma Drive in Allen, with access to US-75 and SH-121. Sidewalks serve the property, supporting convenient arrival for occupants and visitors.
Key Highlights
- 1,230‑square‑foot office condominium in Allen
- Built in 2020 with a professional interior finish
- Reception, private offices, conference space, break area, and restroom
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.
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Property Analytics
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Open Analytics
Current Use
Lease Details
1
Office units
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
325
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
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Market
Vacancy Rate% for Office in South region
Frequently Asked Questions
What type of property is this?
Office unit - Built in 2020 with private offices, conference space, and dedicated parking.
Where is this office unit located?
The property is located at 1312 W Exchange Pkwy Unit 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‑square‑foot office condominium in Allen; Built in 2020 with a professional interior finish; Reception, private offices, conference space, break area, and restroom
