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Medical Office Suite Portfolio

1400 N Coit Road Suite 503 McKinney, TX 75071

1400 N Coit Road Suite 503, McKinney, TX, 75071
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Three fully finished office and medical suites are offered as a fully leased, stabilized investment portfolio.

Property Size4,131 SF
Price / SF$447
AddedJul 8
Days on Market8
Last RefreshJul 15 at 4:31 pm

Property Features for 1400 N Coit Road Suite 503

General Information

Standard status
Active
Size
4,131 SF
Property subtype
Office

Building Details

Year Built
2020

Listing office Rockhill Commercial Real Estate

Listing date Jul 8, 2026

Source Crexi

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 Rockhill Commercial Real Estate


Investment Insights

Based on property information with market context.

This offering features three fully finished office and medical suites within a single stabilized, fully leased portfolio. The suites are described as high-end and are positioned to support consistent income generation with existing tenants.

The property is located within Crescent Parc, a 25-building office project off Coit Road in McKinney. The remarks also note seamless connectivity to Dallas North Tollway, Preston Road, and US Highway 380, with nearby lifestyle amenities including Gates of Prosper, Market Street, dining, retail, and PGA Headquarters.

Key Highlights

  • Built in 2020 and includes three fully finished office and medical suites
  • Fully leased, stabilized portfolio with consistent income generation
  • Situated within Crescent Parc, a 25‑building office project off Coit Road in McKinney

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 $99.1k $24.00
− Vacancy −$9.9k −$2.40
EGI $89.2k $21.60
− OpEx −$35.7k −$8.64
NOI $53.5k $12.96
4,131 SF · lease $24.00/SF/yr · vacancy 10.00% · expense 40.00%

Alternative Uses

Best Use
Healthcare Medical
$764.8K
$669.2K – $892.3K (±1% cap)
NOI $53,538 @ 7.0% cap · market cap 2.90%
Second Best
Office B
$758.1K
$663.4K – $884.5K (±1% cap)
NOI $53,069 @ 7.0% cap · market cap 2.87%
Theoretical Best
Office A
$1.16M
$1.02M – $1.35M (±1% cap)
NOI $81,298 @ 7.0% cap · market cap 4.40%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Location Intelligence

Current Use by Public Records

Office Units

Suggested Use

Parking Lot & Garage Auto Repair Shop (Bike/Boat/Book/etc) Store Storage Facility Furniture & Home Goods Bakery Computer & Electronic Repair Home Appliance Store Gym & Fitness Center (Bike/Boat/Book/etc) Store

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Office units - Three fully finished office and medical suites are offered as a fully leased, stabilized investment portfolio.
Where is this office units located?
The property is located at 1400 N Coit Road Suite 503 McKinney, TX.
What is the asking price?
The asking price for this property is $1,846,557.
What are key features of this property?
This property features: Built in 2020 and includes three fully finished office and medical suites; Fully leased, stabilized portfolio with consistent income generation; Situated within Crescent Parc, a 25‑building office project off Coit Road in McKinney
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