Furnished Two-Suite Office
For Sale
$995,000
Pending
2001 Auburn Hills Pkwy Unit 303, McKinney, TX 75071
Upgraded, furnished office suites offer adaptable work areas, a classroom option, private offices, and lake-facing surroundings.
Property Size2,450 SF
Days on Market102
Property Features for 2001 Auburn Hills Pkwy Unit 303
General Information
Standard status
Pending
Size
2,450 SF
Property subtype
Commercial
Space & Availability
Floor
3
Furnished
Yes
Additional Details
Highway Access
Yes
Office Units
2
Amenities
canned lighting
built-in sound system
soundproofed wall paneling
sliding barn doors
modern light fixtures
wood shutters
upgraded bathroom
break area
dedicated podcast studio
attic spaces
Building Details
Year Built
2022
Listing Agency:
The Selling Experts Inc
Listed By:
Emily Hohenstein · License #0808634
(214) 862-6760
Source:
Dfwareahousehunt
Added: Jul 16
Changed: Oct 1
Last Checked: Oct 24 at 5:07PM
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 The Selling Experts Inc
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Investment Insights
Based on property information with market context.
Combined Suites 303 and 304 provide 2,450 SF of furnished office space in a 2022 building. The current configuration accommodates up to 9 private offices or 6 offices plus a large classroom, with the seller open to restoring the classroom area to individual offices. Interior improvements include enhanced lighting, an integrated sound system, sound-attenuating wall panels, sliding barn doors, contemporary fixtures, and wood shutters. An upgraded bathroom, break area with a refrigerator, two attic storage areas, and a dedicated podcast studio add practical functionality. Professional podcast equipment may remain with the property.
The suites back to a lake and are positioned off Highway 380 with access to US-75 and SH-121. The layout and existing improvements support a range of professional office applications, including medical, technology, legal, and creative uses identified in the property information.
The suites back to a lake and are positioned off Highway 380 with access to US-75 and SH-121. The layout and existing improvements support a range of professional office applications, including medical, technology, legal, and creative uses identified in the property information.
Key Highlights
- 2,450 SF combined office space in Suites 303 and 304
- Built in 2022 with furnished, upgraded interiors
- Flexible layout with up to 9 private offices or 6 offices plus classroom space
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$31,474
Cap Rate
3.16%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$629,480
$629.5K
Cap Rate 7%
$449,629
$449.6K
Cap Rate 9%
$349,711
$349.7K
Market Conditions
NOI Build-Up for 2,450 SF
Gross rent
$53.8K $21.96/SF
− Vacancy
−$11.8K −$4.83/SF
EGI
$42.0K $17.13/SF
− OpEx
−$10.5K −$4.28/SF
NOI
$31.5K $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 Rate 5%
$629,480
Cap Rate 7%
$449,629
Cap Rate 9%
$349,711
Alternative Uses
Best Use
Office B
$449.6K
$393.4K – $524.6K
NOI $31,474 @ 7.0% cap · market cap 3.16%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$688.8K
$602.7K – $803.6K
NOI $48,216 @ 7.0% cap · market cap 4.85%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
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Current Use
Lease Details
2
Office units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
567
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
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Market
Vacancy Rate% for Office in South region
Frequently Asked Questions
What type of property is this?
Office unit - Upgraded, furnished office suites offer adaptable work areas, a classroom option, private offices, and lake-facing surroundings.
Where is this office unit located?
The property is located at 2001 Auburn Hills Pkwy Unit 303 McKinney, TX.
What is the asking price?
The asking price for this property is $995,000.
What are key features of this property?
This property features: 2,450 SF combined office space in Suites 303 and 304; Built in 2022 with furnished, upgraded interiors; Flexible layout with up to 9 private offices or 6 offices plus classroom space
