Office Suite for
For Sale
Contact for pricing
Pending
1880 Stonebridge Drive Suite 210, McKinney, TX 75071
For-sale office suite offering 1,255 sq ft in Suite 210 at 1880 Stonebridge Drive.
Property Size1,255 SF
Days on Market97
Property Features for 1880 Stonebridge Drive Suite 210
General Information
Standard status
Pending
Size
1,255 SF
Property subtype
Office
Lease Type
NNN
Building Details
Year Built
2023
Buildings
3
Listing Agency:
Rockhill Commercial Real Estate
Listed By:
Tonya LaBarbera · License #678307
Source:
Crexi
Added: May 30
Changed: Aug 8
Last Checked: Jul 24 at 4:03PM
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 Rockhill Commercial Real Estate
Investment Insights
Based on property information with market context.
This for-sale office suite is located in Suite 210 and totals 1,255 square feet of office space. It is presented as a commercial real estate offering under the Office Units/Office Spaces category, positioned for an owner-occupant or a business looking to secure a dedicated suite rather than sharing space.
The property is addressed at 1880 Stonebridge Drive in McKinney, Texas (75071). While additional building amenities and site details are not provided in the available information, the listing format and suite designation indicate a self-contained office setting within the overall property.
As an office suite, the space can be a practical fit for professional services and day-to-day business operations that require a dedicated work environment. Prospective buyers and tenants may want to confirm layout details, building access, and any applicable terms with the seller or managing party, since the provided information focuses on suite size and the fact that the unit is offered for sale.
The property is addressed at 1880 Stonebridge Drive in McKinney, Texas (75071). While additional building amenities and site details are not provided in the available information, the listing format and suite designation indicate a self-contained office setting within the overall property.
As an office suite, the space can be a practical fit for professional services and day-to-day business operations that require a dedicated work environment. Prospective buyers and tenants may want to confirm layout details, building access, and any applicable terms with the seller or managing party, since the provided information focuses on suite size and the fact that the unit is offered for sale.
Key Highlights
- For‑sale office suite in Suite 210 at 1880 Stonebridge Drive
- 1,255 sq ft office space
- Building year built: 2023
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$16,122
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
2.85%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$322,440
$322.4K
Cap Rate 7%
$230,314
$230.3K
Cap Rate 9%
$179,133
$179.1K
Market Conditions
NOI Build-Up for 1,255 SF
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.
Gross rent
$27.6K $21.96/SF
− Vacancy
−$6.1K −$4.83/SF
EGI
$21.5K $17.13/SF
− OpEx
−$5.4K −$4.28/SF
NOI
$16.1K $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 rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$322,440
Cap Rate 7%
$230,314
Cap Rate 9%
$179,133
Alternative Uses
Best Use
Office B
$230.3K
$201.5K – $268.7K
NOI $16,122 @ 7.0% cap · market cap 2.85%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$352.8K
$308.7K – $411.6K
NOI $24,698 @ 7.0% cap · market cap 4.37%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
290
Businesses Nearby
Explore this area
Business Placement
Demographics for 75071, TX
64,449
Population
23,861
Households
2.7
Avg Household Size
35
Median Age
51%
College-Educated
94%
High-School Grad
74.1 sq mi
ZIP Area
870
Density / Sq Mi
$132,839
Median Household Income
$63,459
Median Earnings
$2,105
Median Rent
$448,500
Median Home Value
Market
Vacancy Rate% for Office in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Office units - For-sale office suite offering 1,255 sq ft in Suite 210 at 1880 Stonebridge Drive.
Where is this office units located?
The property is located at 1880 Stonebridge Drive Suite 210 McKinney, TX.
What is the asking price?
The asking price for this property is $564,750.
What are key features of this property?
This property features: For‑sale office suite in Suite 210 at 1880 Stonebridge Drive; 1,255 sq ft office space; Building year built: 2023
