Modern Office
New
For Sale
$535,000
1312 W Exchange Parkway Unit 2100, Allen, TX 75013
Built in 2020 with reception, private offices, conference space, break area, and a restroom.
Property Size1,230 SF
Price / SF$434.96
Days on Market4
Property Features for 1312 W Exchange Parkway Unit 2100
General Information
Standard status
Active
Size
1,230 SF
Property subtype
Office
Site & Location
Highway Access
Yes
Road Access
Yes
Amenities
monument signage
Building Details
Year Built
2020
Listing Agency:
Compass RE Texas, LLC.
(214) 814-8100
Listed By:
Rene Jensen · License #0720823
(214) 532-6823
Source:
Lonestarluxuryrealty
Added: Aug 8
Changed: Aug 11
Last Checked: Aug 11 at 5:45AM
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.
Investment Insights
Based on property information with market context.
This 1,230-square-foot office condo, completed in 2020, provides a practical professional setting with reception, private offices, a conference area, break space, and a restroom. The layout supports a range of office-based operations while maintaining distinct areas for client arrival, meetings, and daily work.
The property includes two reserved parking spaces and monument signage. It is located at the signalized intersection of Exchange Parkway and Alma Drive, with access to US-75 and SH-121. The office is part of Acadian Office Park at Twin Creeks in Allen, Texas.
The property includes two reserved parking spaces and monument signage. It is located at the signalized intersection of Exchange Parkway and Alma Drive, with access to US-75 and SH-121. The office is part of Acadian Office Park at Twin Creeks in Allen, Texas.
Key Highlights
- 1,230 SF office condo built in 2020
- Layout includes reception, private offices, conference space, break area, and restroom
- Two reserved parking spaces included
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$16,021
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
2.99%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$320,420
$320.4K
Cap Rate 7%
$228,871
$228.9K
Cap Rate 9%
$178,011
$178.0K
Market Conditions
NOI Build-Up for 1,230 SF
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.
Gross rent
$29.7K $24.12/SF
− Vacancy
−$3.0K −$2.41/SF
EGI
$26.7K $21.71/SF
− OpEx
−$10.7K −$8.68/SF
NOI
$16.0K $13.02/SF
Area
Allen, TX
Vacancy
10.00%
Lease Rate
$24.12 /SF/Yr
Expense Ratio
40.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$320,420
Cap Rate 7%
$228,871
Cap Rate 9%
$178,011
Alternative Uses
Best Use
Healthcare Medical
$228.9K
$200.3K – $267.0K
NOI $16,021 @ 7.0% cap · market cap 2.99%
Second Best
Office B
$214.1K
$187.3K – $249.8K
NOI $14,987 @ 7.0% cap · market cap 2.80%
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.
Property Analytics
Property Profile
Current Use
Lease Details
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
Market
Vacancy Rate% for Office in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Office units - Built in 2020 with reception, private offices, conference space, break area, and a restroom.
Where is this office units located?
The property is located at 1312 W Exchange Parkway 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 SF office condo built in 2020; Layout includes reception, private offices, conference space, break area, and restroom; Two reserved parking spaces included
