Stonebridge Ranch Move-In Ready
For Sale
$395,550
3900 S Stonebridge Drive #101, McKinney, TX 75070
Corner office unit in McKinney's Stonebridge Ranch community.
Property Size1,225 SF
Price / SF$322.90
Days on Market109
Property Features for 3900 S Stonebridge Drive #101
General Information
Standard status
Active
Size
1,225 SF
Property subtype
Commercial
Building Details
Year Built
2015
Listing Agency:
Real Broker, LLC
(855) 450-0442
Listed By:
Jamie Jackson · License #0823572
(817) 615-6238
Source:
Signaturere
Added: Apr 22
Changed: Jul 10
Last Checked: Jul 22 at 5:34AM
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 Real Broker, LLC
Investment Insights
Based on property information with market context.
Located in the Stonebridge Ranch community on the McKinney Frisco border, this 1,225 sq ft corner office unit at 3900 S Stonebridge Dr, Suite 101, McKinney, TX, is move-in ready. The property features 3 private offices, 1 conference room, a reception area, a full kitchen, a restroom, a break room with a shower, and ample storage. High-end finishes include 10' ceilings throughout with an 11' double tray ceiling in the reception area, hardwood flooring, carpeted offices, ceramic tile in the break room and restroom, quartz countertops, wood cabinetry, and French doors. The space benefits from abundant natural light. The single-story building has a private entrance, ample surface parking, and wheelchair access. Individually metered HVAC and electric are available. Building signage is available for exposure. The property is positioned near Custer Rd, 121, Dallas North Tollway, and Preston Rd, and is minutes from Methodist McKinney Hospital, Craig Ranch, restaurants, retail, and coffee shops. The location is suitable for a medical practice, law firm, design studio, or professional team.
Key Highlights
- Move‑in ready office space in Stonebridge Ranch, totaling 1,225 sq ft.
- Prime location on the McKinney/Frisco border with easy access to major roads and amenities.
- Features 3 private offices, conference room, reception area, full kitchen, restroom, and break room with shower.
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$15,876
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
4.01%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$317,520
$317.5K
Cap Rate 7%
$226,800
$226.8K
Cap Rate 9%
$176,400
$176.4K
Market Conditions
NOI Build-Up for 1,225 SF
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.
Gross rent
$29.4K $24.00/SF
− Vacancy
−$2.9K −$2.40/SF
EGI
$26.5K $21.60/SF
− OpEx
−$10.6K −$8.64/SF
NOI
$15.9K $12.96/SF
Area
McKinney, TX
Vacancy
10.00%
Lease Rate
$24.00 /SF/Yr
Expense Ratio
40.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$317,520
Cap Rate 7%
$226,800
Cap Rate 9%
$176,400
Alternative Uses
Best Use
Healthcare Medical
$226.8K
$198.5K – $264.6K
NOI $15,876 @ 7.0% cap · market cap 4.01%
Second Best
Office B
$224.8K
$196.7K – $262.3K
NOI $15,737 @ 7.0% cap · market cap 3.98%
Theoretical Best
Office A
$344.4K
$301.4K – $401.8K
NOI $24,108 @ 7.0% cap · market cap 6.09%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
802
Businesses Nearby
Explore this area
Business Placement
Demographics for 75070, TX
57,712
Population
24,323
Households
2.4
Avg Household Size
34
Median Age
57%
College-Educated
98%
High-School Grad
11.3 sq mi
ZIP Area
5,107
Density / Sq Mi
$106,549
Median Household Income
$65,855
Median Earnings
$1,799
Median Rent
$429,300
Median Home Value
Market
Vacancy Rate% for Office in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Office units - Corner office unit in McKinney's Stonebridge Ranch community.
Where is this office units located?
The property is located at 3900 S Stonebridge Drive #101 McKinney, TX.
What is the asking price?
The asking price for this property is $395,550.
What are key features of this property?
This property features: Move‑in ready office space in Stonebridge Ranch, totaling 1,225 sq ft.; Prime location on the McKinney/Frisco border with easy access to major roads and amenities.; Features 3 private offices, conference room, reception area, full kitchen, restroom, and break room with shower.
