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    Versatile Retail/Office Space Available Title is generated by Realmo AI

    26785 E University Dr, Aubrey, TX 76227

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    2,043 SF retail/office space in a high-traffic location.

    Type:Retail, Office, Mixed Use
    Property size:
    2,043 SF
    Price / SF:
    $330/SF
    Added:
    Mar 17, 2026
    Days on Market:
    103
    Last Refresh:
    Mar 20 at 12:07 am

    Property Features for 26785 E University Dr

    General Information

    Standard status
    Active
    Size
    2,043 SF
    Property subtype
    Retail, Office, Mixed Use

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    Srinivas Chaluvadi

    Listing office Perfect Realty Partners LLC

    Listing date Mar 17, 2026

    Source Crexi

    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 LLC

    HighLights

    • High visibility location on HWY 380 in a busy retail strip center.
    • Located adjacent to Baylor Emergency Room.
    • Suitable for various businesses: hair salon, physician office, fitness center, etc.
    • Ample parking available.
    • Existing HVAC, electrical, and plumbing infrastructure.
    • Located in a growing area surrounded by established residential communities.

    Overview

    Located at PLAZA 380, 26785 E. University Dr, Suite 400, Aubrey, this 2,043 SF second-generation retail/office space is available for sale. Formerly a church, the space is suitable for various businesses, including a hair salon, physician's office, or fitness center. The property features HVAC, electrical, and plumbing systems. It is situated in a retail strip center on HWY 380 in the Little Elm area, near established residential communities and adjacent to Baylor Emergency Room, offering high visibility and accessibility. The property is listed at $330 per SF for sale.

    Local Financial Insights For Retail

    Simulate Cap Rate and NOI

    NOI Build-Up
    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.

    Component $ $/SF
    Gross rent $51.0k $24.96
    − Vacancy −$2.5k −$1.25
    EGI $48.4k $23.71
    − OpEx −$14.5k −$7.11
    NOI $33.9k $16.60
    2,043 SF · lease $24.96/SF/yr · vacancy 5.00% · expense 30.00%

    Alternative Uses

    Best Use
    Retail
    $484.4K
    $423.9K – $565.2K (±1% cap)
    NOI $33,911 @ 7.0% cap · market cap 5.03%
    Second Best
    Office B
    $405.8K
    $355.1K – $473.5K (±1% cap)
    NOI $28,408 @ 7.0% cap · market cap 4.21%
    Theoretical Best
    Multifamily LT 5
    $28.57M
    $25.00M – $33.33M (±1% cap)
    NOI $1,999,913 @ 7.0% cap · market cap 296.64%
    Zoning and permitted uses should be independently verified with local authorities.
    Location Intelligence

    Current Use by Public Records

    Retail space

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Spa & Massage Center Dental Office Big Box & Wholesale Store Hair Salon Auto Repair Shop Nail Salon

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Aubrey
    County
    Denton
    State
    Texas
    Longitude
    -96.9901
    Latitude
    33.2863

    FAQs

    What type of property is this?
    Retail space - 2,043 SF retail/office space in a high-traffic location.
    Where is this retail space located?
    The property is located at 26785 E University Dr Aubrey, TX.
    What is the asking price?
    The asking price for this property is $674,190.
    What are key features of this property?
    This property features: High visibility location on HWY 380 in a busy retail strip center.; Located adjacent to Baylor Emergency Room.; Suitable for various businesses: hair salon, physician office, fitness center, etc.
    (469) 252-1261 Call to check price and availability
    More about this property
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