Class A Office or Medical
1705-1400 N Coit Rd McKinney, TX 75071
1705-1400 N Coit Rd, McKinney, TX, 75071
$615,020
For Sale
$615,020
Move-in-ready class A suite with reception, conference room, four offices, kitchenette/breakroom, private restroom, and tenant-controlled HVAC.
Property Size1,337 SF
Price / SF$460
Days on Market24
Property Features for 1705-1400 N Coit Rd
General Information
- Standard status
- Active
- Size
- 1,337 SF
Listing agency
Zenappy Realty
(214) 430-2895
Listed by
Sasidhar Kaligotla · License #0749528
(214) 430-2895
Source
Exprealty
Added: Jun 29 Updated: Jul 22 at 11:50AM Checked: Jul 22 at 11:50AM
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 Class A office or medical suite in Crescent Parc professional office park. The interior layout includes a welcoming reception area, a spacious conference room, four private offices, a breakroom or kitchenette, a private restroom, a storage closet, and attic access. Premium finishes are in place with luxury vinyl plank flooring, vaulted ceilings, modern lighting, automatic blinds, and abundant natural light.
The suite is located within Crescent Parc, positioned at the northwest corner of Coit Road and US Highway 380 in McKinney, Texas, providing convenient access to US Highway 380 and Coit Road and easy connectivity to nearby North Texas communities.
Tenant-controlled HVAC supports day-to-day comfort, and the professionally maintained office park provides ample surface parking and landscaped surroundings. Building signage is available to enhance business visibility.
The suite is located within Crescent Parc, positioned at the northwest corner of Coit Road and US Highway 380 in McKinney, Texas, providing convenient access to US Highway 380 and Coit Road and easy connectivity to nearby North Texas communities.
Tenant-controlled HVAC supports day-to-day comfort, and the professionally maintained office park provides ample surface parking and landscaped surroundings. Building signage is available to enhance business visibility.
Key Highlights
- Move‑in‑ready 1,337 SF Class A office/medical suite in Crescent Parc professional office park
- Suite layout includes reception area, spacious conference room, and four private offices
- Includes kitchenette/breakroom, private restroom, storage closet, and attic access
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 | $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 local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Medical Office Space
Similar For Sale Nearby
FAQs
What type of property is this?
Medical Office Space - Move-in-ready class A suite with reception, conference room, four offices, kitchenette/breakroom, private restroom, and tenant-controlled HVAC.
Where is this medical office space located?
The property is located at 1705-1400 N Coit Rd 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: Move‑in‑ready 1,337 SF Class A office/medical suite in Crescent Parc professional office park; Suite layout includes reception area, spacious conference room, and four private offices; Includes kitchenette/breakroom, private restroom, storage closet, and attic access
