Commercial Office Condo For
For Sale
Contact for pricing
Pending
1790 King Arthur Blvd. Ste 120, Carrollton, TX 75010
Commercial office condo with long-term tenant in place.
Property Size2,530 SF
Days on Market159
Property Features for 1790 King Arthur Blvd. Ste 120
General Information
Standard status
Pending
Size
2,530 SF
Property subtype
Office
Lease Type
Modified Gross
Building Details
Tenancy
Single
Listing Agency:
Christie's International Real Estate
Listed By:
Alicia Chmielewski · License #0585423
(214) 326-1875
Source:
Crexi
Added: May 13
Changed: Oct 16
Last Checked: Oct 16 at 6:37AM
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 Christie's International Real Estate
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This commercial office condo is situated in an area surrounded by dense residential communities, including Castle Hills, and benefits from a strong consumer base. The property is well-suited for medical and office-based tenants, as demonstrated by the long-term tenant currently occupying the space. Its location provides convenient access to DFW, Dallas Love Field, and Addison Airports, as well as major thoroughfares such as PGBT, Sam Rayburn Tollway, and I-35E. This connectivity facilitates access to Plano, Frisco, Addison, and North Dallas. The property is 2530 square feet. The location is in one of DFW’s most desirable commercial corridors, enhancing investment stability and long-term growth. The property is an ideal investment for buyers seeking stable returns. The property is located at 1790 King Arthur Blvd. Ste 120, Carrollton, TX 75010.
Key Highlights
- In‑place modified gross lease income providing stable returns.
- Located in a desirable commercial corridor with strong demographics.
- Convenient access to DFW, Dallas Love Field, and Addison Airports.
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$31,339
Cap Rate
3.69%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$626,780
$626.8K
Cap Rate 7%
$447,700
$447.7K
Cap Rate 9%
$348,211
$348.2K
Market Conditions
NOI Build-Up for 2,530 SF
Gross rent
$55.9K $22.08/SF
− Vacancy
−$14.1K −$5.56/SF
EGI
$41.8K $16.52/SF
− OpEx
−$10.4K −$4.13/SF
NOI
$31.3K $12.39/SF
Area
Carrollton, TX
Vacancy
25.20%
Lease Rate
$22.08 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$626,780
Cap Rate 7%
$447,700
Cap Rate 9%
$348,211
Alternative Uses
Best Use
Office B
$447.7K
$391.7K – $522.3K
NOI $31,339 @ 7.0% cap · market cap 3.69%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$622.4K
$544.6K – $726.2K
NOI $43,571 @ 7.0% cap · market cap 5.13%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Unlock full access to Insights
Subscribe to Realmo Intelligence
Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
526
Businesses Nearby
Explore this area
Business Placement
Demographics for 75010, TX
33,186
Population
13,798
Households
2.4
Avg Household Size
36
Median Age
57%
College-Educated
95%
High-School Grad
6.8 sq mi
ZIP Area
4,880
Density / Sq Mi
$105,386
Median Household Income
$61,995
Median Earnings
$1,797
Median Rent
$434,700
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Office in South region
Frequently Asked Questions
What type of property is this?
Office units - Commercial office condo with long-term tenant in place.
Where is this office units located?
The property is located at 1790 King Arthur Blvd. Ste 120 Carrollton, TX.
What is the asking price?
The asking price for this property is $850,000.
What are key features of this property?
This property features: In‑place modified gross lease income providing stable returns.; Located in a desirable commercial corridor with strong demographics.; Convenient access to DFW, Dallas Love Field, and Addison Airports.
