Second-Generation Office
For Sale
Contact for pricing
3900 S Stonebridge Dr, McKinney, TX 75070
Fully finished office suites 301 through 304 offer 4,900 total square feet in a ready-to-occupy configuration.
Property Size4,900 SF
Price / SF$346.94
Days on Market468
Property Features for 3900 S Stonebridge Dr
General Information
Standard status
Active
Size
4,900 SF
Property subtype
OFFICE
Additional Details
Office Units
4
Listing Agency:
Brown & Griffin Real Estate
(214) 793-2162
Listed By:
Sam Clayton · License #0811588
Source:
Moodyscre
Added: May 21, 2025
Changed: Aug 13
Last Checked: Aug 30 at 8:38PM
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 Brown & Griffin Real Estate
Investment Insights
Based on property information with market context.
This offering consists of professional, fully finished second-generation office space with four individual suites: 301, 302, 303, and 304. Each suite is approximately 1,225 square feet, creating a total of 4,900 square feet of office accommodation.
The property is located at 3900 S Stonebridge Dr in McKinney, Texas. As a finished office asset, it is presented for businesses looking for turnkey interior space rather than a raw or unfinished buildout.
With four separate suites in place, the configuration supports flexible occupancy options within the overall office footprint.
The property is located at 3900 S Stonebridge Dr in McKinney, Texas. As a finished office asset, it is presented for businesses looking for turnkey interior space rather than a raw or unfinished buildout.
With four separate suites in place, the configuration supports flexible occupancy options within the overall office footprint.
Key Highlights
- Fully finished 2nd generation professional office space with ready‑to‑occupy configuration
- 4,900 total SF across suites 301–304 (1,225 SF per suite)
- Includes four office suites: 301, 302, 303, and 304
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
$62,948
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
3.70%
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%
$1,258,960
$1.3M
Cap Rate 7%
$899,257
$899.3K
Cap Rate 9%
$699,422
$699.4K
Market Conditions
NOI Build-Up for 4,900 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
$107.6K $21.96/SF
− Vacancy
−$23.7K −$4.83/SF
EGI
$83.9K $17.13/SF
− OpEx
−$21.0K −$4.28/SF
NOI
$62.9K $12.85/SF
Area
McKinney, TX
Vacancy
22.00%
Lease Rate
$21.96 /SF/Yr
Expense Ratio
25.00%
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%
$1,258,960
Cap Rate 7%
$899,257
Cap Rate 9%
$699,422
Alternative Uses
Best Use
Office B
$899.3K
$786.9K – $1.05M
NOI $62,948 @ 7.0% cap · market cap 3.70%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.38M
$1.21M – $1.61M
NOI $96,432 @ 7.0% cap · market cap 5.67%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
4
Office units
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 - Fully finished office suites 301 through 304 offer 4,900 total square feet in a ready-to-occupy configuration.
Where is this office units located?
The property is located at 3900 S Stonebridge Dr McKinney, TX.
What is the asking price?
The asking price for this property is $1,700,000.
What are key features of this property?
This property features: Fully finished 2nd generation professional office space with ready‑to‑occupy configuration; 4,900 total SF across suites 301–304 (1,225 SF per suite); Includes four office suites: 301, 302, 303, and 304
