New Construction Medical Office
For Sale
$448,000
1870 Harroun Ave Unit 400, McKinney, TX 75069
Open-plan professional space with flexible interior configuration and off-street parking.
Property Size1,400 SF
Price / SF$320
Days on Market96
Property Features for 1870 Harroun Ave Unit 400
General Information
Standard status
Active
Size
1,400 SF
Property subtype
Commercial
Building Details
Year Built
2025
Listing Agency:
Perfect Realty Partners
Listed By:
Srinivas Chaluvadi sri@perfectrealtypartners.com · License #0593565
(469) 536-8695
Source:
Granburyhomefinder
Added: Jul 19
Changed: Oct 1
Last Checked: Oct 20 at 9:42PM
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 Perfect Realty Partners
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Investment Insights
Based on property information with market context.
Completed in 2025, this 1,400-square-foot medical office suite offers a newly built professional setting with an open interior and no structural walls across the floor area. The flexible layout can support reconfiguration, including combining the suite with adjacent space. It is one of six suites within the building, and the property includes off-street parking.
The suite is located at 1870 Harroun Ave Unit 400 in McKinney, near the southeast quadrant of Hwy 380 and US 75. Dense residential development surrounds the property, with single-family homes and apartments nearby. National retailers and dining options are within walking distance, while the Hwy 380 and US 75 intersection provides access to the broader area.
The suite is located at 1870 Harroun Ave Unit 400 in McKinney, near the southeast quadrant of Hwy 380 and US 75. Dense residential development surrounds the property, with single-family homes and apartments nearby. National retailers and dining options are within walking distance, while the Hwy 380 and US 75 intersection provides access to the broader area.
Key Highlights
- 1,400 SF medical office suite completed in 2025
- Open floor plan without structural walls across the suite
- One of six suites within the building
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$18,144
Cap Rate
4.05%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$362,880
$362.9K
Cap Rate 7%
$259,200
$259.2K
Cap Rate 9%
$201,600
$201.6K
Market Conditions
NOI Build-Up for 1,400 SF
Gross rent
$33.6K $24.00/SF
− Vacancy
−$3.4K −$2.40/SF
EGI
$30.2K $21.60/SF
− OpEx
−$12.1K −$8.64/SF
NOI
$18.1K $12.96/SF
Area
McKinney, TX
Vacancy
10.00%
Lease Rate
$24.00 /SF/Yr
Expense Ratio
40.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$362,880
Cap Rate 7%
$259,200
Cap Rate 9%
$201,600
Alternative Uses
Best Use
Healthcare Medical
$259.2K
$226.8K – $302.4K
NOI $18,144 @ 7.0% cap · market cap 4.05%
Second Best
Office B
$256.9K
$224.8K – $299.8K
NOI $17,985 @ 7.0% cap · market cap 4.01%
Theoretical Best
Office A
$393.6K
$344.4K – $459.2K
NOI $27,552 @ 7.0% cap · market cap 6.15%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Location Intelligence
Trade Area within ½ mile
1,176
Businesses Nearby
Balanced
Demand for This Use
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Business Placement
Demographics for 75069, TX
39,084
Population
16,958
Households
2.3
Avg Household Size
38
Median Age
37%
College-Educated
88%
High-School Grad
33.7 sq mi
ZIP Area
1,160
Density / Sq Mi
$82,804
Median Household Income
$42,816
Median Earnings
$1,530
Median Rent
$413,700
Median Home Value
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Market
Vacancy Rate% for Office in South region
Similar Off Market Nearby
- Cedar Creek Animal Hospital — 1434 N Central Expy N STE 123, McKinney, TX 75070
- Banfield Pet Hospital — 1751 N Central Expy STE A, McKinney, TX 75070
- UrgentVet — 1717 W University Dr STE 418, McKinney, TX 75069
- McKinney Pharmacy — 1601 W University Dr, McKinney, TX 75069
Frequently Asked Questions
What type of property is this?
Medical Office Space - Open-plan professional space with flexible interior configuration and off-street parking.
Where is this medical office space located?
The property is located at 1870 Harroun Ave Unit 400 McKinney, TX.
What is the asking price?
The asking price for this property is $448,000.
What are key features of this property?
This property features: 1,400 SF medical office suite completed in 2025; Open floor plan without structural walls across the suite; One of six suites within the building
