End-Cap Medical Office
2120 Prairie Drive, Prosper, TX 75078
For Sale
$569,000
CommercialSale, Prosper, TX
Property Size1,187 SF
Lot Size0.03 Acres
Price / SF$479.36
Days on Market92
Property Features for 2120 Prairie Drive
General Information
Property type
Property subtype
Property condition
Zoning description
Subdivision
Directions
Standard status
Lot size
Taxes and HOA fees
Tax Description
Legal Description
Utilities
Sewer type
Heating system
Cooling system
Water source
Amenities
Professional Signage opportunities
Building Details
Year built
Floors in Building
Number of units
Flooring type
Building materials
Roof type
Listing Agency:
REKonnection, LLC
(972) 914-0989
Listed By:
Amit Mahadar · License TX #0754810
Added: Aug 13
Changed: Oct 18
Last Checked: Nov 12 at 11:06AM
MLS# 21358527
Copyright © 2026 North Texas Real Estate Information Systems, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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Investment Insights
Based on property information with market context.
Unit 901 is a 1,187-square-foot end-cap medical office suite in a building under construction with a projected 2026 year built. The layout includes a reception area, conference room, kitchen, private restroom, and three private exam rooms. Dedicated clinical sinks are provided in almost every room. Vinyl flooring, central air, electric heating, and electric cooling support the interior buildout, while brick, stone veneer, and stucco are used on the exterior. Public water and sewer serve the property.
The suite is positioned in Building One at The Offices at Prosper 380 and has access to the Dallas North Tollway and HWY 380. The property is located at 2120 Prairie Drive in Prosper, Texas, within Collin County. The suite is identified as one of the units approved for medical use, with professional signage opportunities available.
The suite is positioned in Building One at The Offices at Prosper 380 and has access to the Dallas North Tollway and HWY 380. The property is located at 2120 Prairie Drive in Prosper, Texas, within Collin County. The suite is identified as one of the units approved for medical use, with professional signage opportunities available.
Key Highlights
- 1,187‑square‑foot Unit 901 medical office suite
- End‑cap position in Building One at The Offices at Prosper 380
- Three private exam rooms with dedicated clinical sinks in almost every room
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$16,506
Cap Rate
2.90%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$330,120
$330.1K
Cap Rate 7%
$235,800
$235.8K
Cap Rate 9%
$183,400
$183.4K
Market Conditions
NOI Build-Up for 1,187 SF
Gross rent
$30.9K $26.04/SF
− Vacancy
−$3.4K −$2.86/SF
EGI
$27.5K $23.18/SF
− OpEx
−$11.0K −$9.27/SF
NOI
$16.5K $13.91/SF
Area
Collin County, TX
Vacancy
11.00%
Lease Rate
$26.04 /SF/Yr
Expense Ratio
40.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$330,120
Cap Rate 7%
$235,800
Cap Rate 9%
$183,400
Alternative Uses
Best Use
Healthcare Medical
$235.8K
$206.3K – $275.1K
NOI $16,506 @ 7.0% cap · market cap 2.90%
Second Best
Office B
$215.0K
$188.2K – $250.9K
NOI $15,053 @ 7.0% cap · market cap 2.65%
Theoretical Best
Multifamily LT 5
$298.2K
$260.9K – $347.9K
NOI $20,872 @ 7.0% cap · market cap 3.67%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Lease Details
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
143
Businesses Nearby
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Business Placement
Demographics for 75078, TX
38,980
Population
14,409
Households
2.7
Avg Household Size
34
Median Age
63%
College-Educated
97%
High-School Grad
31.6 sq mi
ZIP Area
1,234
Density / Sq Mi
$187,634
Median Household Income
$82,714
Median Earnings
$2,284
Median Rent
$650,600
Median Home Value
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Market
Average Price Trend$/SF for Medical Office Space in Collin County, TX
Properties on Market for Medical Office Space in Collin County
Vacancy Rate% for Office in South region
Similar Off Market Nearby
- Embrace Wellness Animal Clinic — 2770 W First St suite 40, Prosper, TX 75078
Frequently Asked Questions
What type of property is this?
Medical Office Space - Medical-use suite with exam rooms, reception, consultation space, and dedicated clinical sinks.
Where is this medical office space located?
The property is located at 2120 Prairie Drive Prosper, TX.
What is the asking price?
The asking price for this property is $569,000.
What are key features of this property?
This property features: 1,187‑square‑foot Unit 901 medical office suite; End‑cap position in Building One at The Offices at Prosper 380; Three private exam rooms with dedicated clinical sinks in almost every room
