Leased Office
For Sale
$599,900
2840 Keller Springs Rd Unit 801, Carrollton, TX 75006
Professionally occupied suite with conference, private office, reception, open work, and kitchenette areas.
Property Size2,300 SF
Price / SF$260.83
Days on Market72
Property Features for 2840 Keller Springs Rd Unit 801
General Information
Standard status
Active
Size
2,300 SF
Occupancy
100%
Additional Details
Highway Access
Yes
Office Units
1
Building Details
Year Built
2003
Tenancy
Single
Owner Occupied
No
Listing Agency:
OnDemand Realty
Listed By:
Johanna Rodriguez · License #0742982
(214) 772-4279
Source:
Yourdavisteam
Added: Aug 5
Changed: Oct 13
Last Checked: Oct 7 at 2:49PM
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 OnDemand Realty
Investment Insights
Based on property information with market context.
This approximately 2,300-square-foot office unit at 2840 Keller Springs Rd Unit 801 is configured for day-to-day business operations and is currently used by a home health services office. The interior includes a conference room, three private offices, reception space, open work areas, and a kitchenette. Built in 2003, the suite is located within Keller Springs Office Park in Carrollton, providing a professional office setting with ample parking.
The existing lease has been renewed for an additional two-year term beginning July 1st. Access to the Dallas North Tollway, George Bush Turnpike, and I-35E connects the property with business districts across the Dallas-Fort Worth metroplex. The established office configuration supports continued professional occupancy and provides a defined layout for administrative operations, meetings, and staff work areas.
The existing lease has been renewed for an additional two-year term beginning July 1st. Access to the Dallas North Tollway, George Bush Turnpike, and I-35E connects the property with business districts across the Dallas-Fort Worth metroplex. The established office configuration supports continued professional occupancy and provides a defined layout for administrative operations, meetings, and staff work areas.
Key Highlights
- Approximately 2,300 SF office unit in Keller Springs Office Park
- Existing tenant occupies the suite for home health services use
- Lease renewed for an additional two‑year term beginning July 1st
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$28,490
Cap Rate
4.75%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$569,800
$569.8K
Cap Rate 7%
$407,000
$407.0K
Cap Rate 9%
$316,556
$316.6K
Market Conditions
NOI Build-Up for 2,300 SF
Gross rent
$50.8K $22.08/SF
− Vacancy
−$12.8K −$5.56/SF
EGI
$38.0K $16.52/SF
− OpEx
−$9.5K −$4.13/SF
NOI
$28.5K $12.39/SF
Area
Carrollton, TX
Vacancy
25.20%
Lease Rate
$22.08 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$569,800
Cap Rate 7%
$407,000
Cap Rate 9%
$316,556
Alternative Uses
Best Use
Office B
$407.0K
$356.1K – $474.8K
NOI $28,490 @ 7.0% cap · market cap 4.75%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$565.9K
$495.1K – $660.2K
NOI $39,610 @ 7.0% cap · market cap 6.60%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Open Analytics
Current Use
Lease Details
1
Office units
100%
Occupancy
Single-tenant
Tenancy
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
601
Businesses Nearby
Explore this area
Business Placement
Demographics for 75006, TX
47,811
Population
19,549
Households
2.4
Avg Household Size
37
Median Age
33%
College-Educated
83%
High-School Grad
17.1 sq mi
ZIP Area
2,796
Density / Sq Mi
$79,466
Median Household Income
$43,403
Median Earnings
$1,528
Median Rent
$296,500
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Office in South region
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Frequently Asked Questions
What type of property is this?
Office units - Professionally occupied suite with conference, private office, reception, open work, and kitchenette areas.
Where is this office units located?
The property is located at 2840 Keller Springs Rd Unit 801 Carrollton, TX.
What is the asking price?
The asking price for this property is $599,900.
What are key features of this property?
This property features: Approximately 2,300 SF office unit in Keller Springs Office Park; Existing tenant occupies the suite for home health services use; Lease renewed for an additional two‑year term beginning July 1st
