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Medical Office End-Cap Suite
For Sale
$569,000

2120 Prairie Drive #901, Prosper, TX 75078

Newly completed clinical suite with exam rooms, dedicated sinks, and access to major regional routes.

Property Size1,187 SF
Price / SF$479.36
Days on Market57

Property Features for 2120 Prairie Drive #901

General Information

Standard status Active
Size 1,187 SF
Property subtype Office

Additional Details

Floor 9
Highway Access Yes

Amenities

Professional Signage opportunities

Building Details

Year Built 2026
Listing Agency: REKonnection, LLC
Listed By: Amit Mahadar · License #0754810
Source: Lonestarluxuryrealty
Added: Aug 15 Changed: Oct 6 Last Checked: Oct 7 at 12:28PM

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 REKonnection, LLC

Investment Insights

Based on property information with market context.

Unit 901 is a 1,187-square-foot medical office suite completed in 2026. The end-cap layout includes a reception area, conference room, kitchen, private restroom, and three private exam rooms. Dedicated clinical sinks serve nearly every room, while the suite also features modern HVAC, large windows, and contemporary architectural finishes.

Located in Building One at The Offices at Prosper 380, the property provides access to the Dallas North Tollway and HWY 380. Professional signage opportunities are available, and the suite is positioned within the Prosper, Texas development corridor near residential and retail growth.

Key Highlights

  • 1,187‑square‑foot medical office suite completed in 2026
  • End‑cap position in Building One at The Offices at Prosper 380
  • Three private exam rooms with dedicated clinical sinks in nearly 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 (±1% cap)
NOI $16,506 @ 7.0% cap · market cap 2.90%
Second Best
Office B
$215.0K
$188.2K – $250.9K (±1% cap)
NOI $15,053 @ 7.0% cap · market cap 2.65%
Theoretical Best
Industrial
$1.18M
$1.03M – $1.38M (±1% cap)
NOI $82,563 @ 7.0% cap · market cap 14.51%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

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Current Use

Medical Office Space

Suggested Use

Top Pick Electrical Service Furniture & Home Goods (Bike/Boat/Book/etc) Store Hair Salon Barber Shop Carpet & Flooring Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes
Highway access

Location Intelligence

Trade Area within ½ mile

574
Businesses Nearby
Balanced
Demand for This Use

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
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

14.4% 2019
16.4% 2020
17.3% 2021
18% 2022
18.6% 2023
20.3% 2024
20.2% 2025
Rey
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Similar Off Market Nearby

  • UrgentVet — 900 S Preston Rd #80, Prosper, TX 75078
  • Prosper Pet Clinic — 170 N Preston Rd #60, Prosper, TX 75078
  • Houck Jennifer DVM — 1456 N Preston Rd, Dallas, TX 75240
  • Lopez Tony DVM — 1456 N Preston Rd, Dallas, TX 75240

Frequently Asked Questions

What type of property is this?
Medical Office Space - Newly completed clinical suite with exam rooms, dedicated sinks, and access to major regional routes.
Where is this medical office space located?
The property is located at 2120 Prairie Drive #901 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 medical office suite completed in 2026; End‑cap position in Building One at The Offices at Prosper 380; Three private exam rooms with dedicated clinical sinks in nearly every room
More about this property
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