Office Unit with Four
For Sale
Contact for pricing
1402 S Custer Road #302, McKinney, TX 75072
Move-in-ready suite with a break room, private restroom, and efficient professional layout.
Property Size1,230 SF
Price / SF$2.28
Days on Market66
Property Features for 1402 S Custer Road #302
General Information
Standard status
Active
Size
1,230 SF
Property subtype
Office
Building Details
Year Built
2017
Listing Agency:
Golden Realty
(214) 888-3876
Listed By:
Ling Jordan · License #0693195
(972) 815-7644
Source:
Lonestarluxuryrealty
Added: Aug 12
Changed: Oct 10
Last Checked: Oct 14 at 11:21PM
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 Golden Realty
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Investment Insights
Based on property information with market context.
This 1,230-square-foot office unit is configured with four private offices, a dedicated break room, and a private restroom. The suite was built in 2017 and includes modern finishes within a well-maintained office complex. Its layout supports a range of professional workplace configurations while providing defined rooms for individual work and shared staff use.
The property is located at 1402 S Custer Road Unit 302 in McKinney, with access to the Dallas North Tollway, Hwy 380, and Hwy 121. Shops, restaurants, and major corporate hubs surround the office complex. Water is included in the rent.
The property is located at 1402 S Custer Road Unit 302 in McKinney, with access to the Dallas North Tollway, Hwy 380, and Hwy 121. Shops, restaurants, and major corporate hubs surround the office complex. Water is included in the rent.
Key Highlights
- 1,230 SF office unit built in 2017
- Four private offices with dedicated break room
- Private restroom and modern finishes
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$15,801
Suggested Prices Based on Cap Rates
Cap Rate 5%
$316,020
$316.0K
Cap Rate 7%
$225,729
$225.7K
Cap Rate 9%
$175,567
$175.6K
Market Conditions
NOI Build-Up for 1,230 SF
Gross rent
$27.0K $21.96/SF
− Vacancy
−$5.9K −$4.83/SF
EGI
$21.1K $17.13/SF
− OpEx
−$5.3K −$4.28/SF
NOI
$15.8K $12.85/SF
Area
McKinney, TX
Vacancy
22.00%
Lease Rate
$21.96 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$316,020
Cap Rate 7%
$225,729
Cap Rate 9%
$175,567
Alternative Uses
Best Use
Office B
$225.7K
$197.5K – $263.4K
NOI $15,801 @ 7.0% cap · market cap 564.32%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$345.8K
$302.6K – $403.4K
NOI $24,206 @ 7.0% cap · market cap 864.50%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Location Intelligence
Trade Area within ½ mile
206
Businesses Nearby
Explore this area
Business Placement
Demographics for 75072, TX
55,538
Population
18,618
Households
3
Avg Household Size
38
Median Age
62%
College-Educated
98%
High-School Grad
12.1 sq mi
ZIP Area
4,590
Density / Sq Mi
$155,294
Median Household Income
$74,341
Median Earnings
$2,317
Median Rent
$472,700
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 units - Move-in-ready suite with a break room, private restroom, and efficient professional layout.
Where is this office units located?
The property is located at 1402 S Custer Road #302 McKinney, TX.
What are key features of this property?
This property features: 1,230 SF office unit built in 2017; Four private offices with dedicated break room; Private restroom and modern finishes
