Newly Built Office
For Sale
$420,000
1601-2601 Little Elm Pkwy, Little Elm, TX 75068
Newly constructed 2023 office suite with four offices, reception, kitchenette, lounge, and restroom, currently leased through June 2027.
Property SizeContact for details
Days on Market297
Property Features for 1601-2601 Little Elm Pkwy
General Information
Standard status
Active
Lease Type
Gross
Additional Details
Lease Term
60 months
Listing Agency:
REKonnection, LLC
Listed By:
Vijay Reddy · License #0823056
(972) 914-0989
Source:
Exprealty
Added: Nov 13, 2025
Changed: Aug 20
Last Checked: Sep 6 at 1:36PM
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 REKonnection, LLC
Investment Insights
Based on property information with market context.
Newly constructed in 2023, this office suite offers four well-ventilated office rooms plus a reception area, kitchenette, lounge, closet space, and a restroom. The offering is positioned to support professional office or medical business use, with buyers required to obtain prior approval from the HOA as part of due diligence.
The suite is located at the intersection of FM 720 and FM 423 on the West Frisco and Little Elm border, with proximity to a Kroger location. The property is currently under a two-year lease set to end in June 2027; the tenant is a massage spa clinic paying $2,500 per month. A new owner will assume the lease and become the landlord. Per the current structure, landlord-incurred expenses include $160 per month for HOA, $75 per month for insurance, and $700 per month for property tax, while utilities are paid by the tenant.
The suite is located at the intersection of FM 720 and FM 423 on the West Frisco and Little Elm border, with proximity to a Kroger location. The property is currently under a two-year lease set to end in June 2027; the tenant is a massage spa clinic paying $2,500 per month. A new owner will assume the lease and become the landlord. Per the current structure, landlord-incurred expenses include $160 per month for HOA, $75 per month for insurance, and $700 per month for property tax, while utilities are paid by the tenant.
Key Highlights
- Newly constructed 2023 office suite on the West Frisco and Little Elm border at FM 720 and FM 423 intersection
- Suite layout includes 4 office rooms plus a reception area, kitchenette, lounge, restroom, and ample closet space
- Currently leased through June 2027 with existing tenant paying $2,500/month
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
767
Businesses Nearby
Explore this area
Business Placement
Demographics for 75068, TX
66,248
Population
23,499
Households
2.8
Avg Household Size
34
Median Age
43%
College-Educated
92%
High-School Grad
27.9 sq mi
ZIP Area
2,374
Density / Sq Mi
$126,341
Median Household Income
$66,559
Median Earnings
$2,161
Median Rent
$386,300
Median Home Value
Market
Vacancy Rate% for Office in South region
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Frequently Asked Questions
What type of property is this?
Office units - Newly constructed 2023 office suite with four offices, reception, kitchenette, lounge, and restroom, currently leased through June 2027.
Where is this office units located?
The property is located at 1601-2601 Little Elm Pkwy Little Elm, TX.
What is the asking price?
The asking price for this property is $420,000.
What are key features of this property?
This property features: Newly constructed 2023 office suite on the West Frisco and Little Elm border at FM 720 and FM 423 intersection; Suite layout includes 4 office rooms plus a reception area, kitchenette, lounge, restroom, and ample closet space; Currently leased through June 2027 with existing tenant paying $2,500/month
