Class A Office or Medical
New
For Sale
$615,020
1400 N COIT Road 1705, McKinney, TX 75071
Move-in-ready Class A office/medical suite in Crescent Parc with private offices, reception, conference room, and tenant-controlled HVAC.
Property Size1,337 SF
Price / SF$460
Days on Market2
Property Features for 1400 N COIT Road 1705
General Information
Standard status
Active
Size
1,337 SF
Class
Class A
Property subtype
Office
Additional Details
Highway Access
Yes
Amenities
reception area
conference room
breakroom with kitchenette
private restroom
storage closet
attic access
luxury vinyl plank flooring
vaulted ceilings
modern lighting
automatic blinds
tenant-controlled HVAC
Building Details
Building Size
1,337 SF
Year Built
2025
Listing Agency:
Zenappy Realty
(214) 430-2895
Listed By:
Sasidhar Kaligotla · License #0749528
Source:
Sociallivingre
Added: Jul 30
Changed: Jul 31
Last Checked: Jul 31 at 6:15AM
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 Zenappy Realty
Investment Insights
Based on property information with market context.
Move-in-ready 1,337 SF Class A office or medical suite in the Crescent Parc professional office park. Suite 1705 offers a reception area, conference room, four private offices, and a breakroom with kitchenette. Additional interior features include a private restroom, storage closet, and attic access.
The space is positioned in Crescent Parc, located at the northwest corner of Coit Road and US Highway 380 in McKinney, TX. Interior finishes include luxury vinyl plank flooring, vaulted ceilings, modern lighting, automatic blinds, and abundant natural light. Tenant-controlled HVAC provides climate control for day-to-day comfort.
Built in 2025, this suite is well-suited for service-oriented businesses such as medical and dental practices, wellness users, professional offices, consulting, legal, financial and insurance offices, engineering, technology, and other medical or professional office uses.
The space is positioned in Crescent Parc, located at the northwest corner of Coit Road and US Highway 380 in McKinney, TX. Interior finishes include luxury vinyl plank flooring, vaulted ceilings, modern lighting, automatic blinds, and abundant natural light. Tenant-controlled HVAC provides climate control for day-to-day comfort.
Built in 2025, this suite is well-suited for service-oriented businesses such as medical and dental practices, wellness users, professional offices, consulting, legal, financial and insurance offices, engineering, technology, and other medical or professional office uses.
Key Highlights
- 1,337 SF Class A office or medical suite in Crescent Parc, Suite 1705
- Reception area plus conference room and four private offices
- Breakroom with kitchenette, private restroom, storage closet, and attic access
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 | $32.1k | $24.00 |
| − Vacancy | −$3.2k | −$2.40 |
| EGI | $28.9k | $21.60 |
| − OpEx | −$11.6k | −$8.64 |
| NOI | $17.3k | $12.96 |
1,337 SF · lease $24.00/SF/yr · vacancy 10.00% · expense 40.00%
Alternative Uses
Best Use
Healthcare Medical
$247.5K
$216.6K – $288.8K
NOI $17,328 @ 7.0% cap · market cap 2.82%
Second Best
Office B
$245.4K
$214.7K – $286.3K
NOI $17,176 @ 7.0% cap · market cap 2.79%
Theoretical Best
Office A
$375.9K
$328.9K – $438.5K
NOI $26,312 @ 7.0% cap · market cap 4.28%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
567
Businesses Nearby
Explore this area
Business Placement
Demographics for 75071, TX
64,449
Population
23,861
Households
2.7
Avg Household Size
35
Median Age
51%
College-Educated
94%
High-School Grad
74.1 sq mi
ZIP Area
870
Density / Sq Mi
$132,839
Median Household Income
$63,459
Median Earnings
$2,105
Median Rent
$448,500
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 - Move-in-ready Class A office/medical suite in Crescent Parc with private offices, reception, conference room, and tenant-controlled HVAC.
Where is this office units located?
The property is located at 1400 N COIT Road 1705 McKinney, TX.
What is the asking price?
The asking price for this property is $615,020.
What are key features of this property?
This property features: 1,337 SF Class A office or medical suite in Crescent Parc, Suite 1705; Reception area plus conference room and four private offices; Breakroom with kitchenette, private restroom, storage closet, and attic access
