Four-Office Professional Office
New
For Sale
$550,000
400 Stonebrook Parkway #9O4 9O4, Frisco, TX 75036
Newly built-out office unit with reception, private rooms, open workspace, breakroom, and an ADA-compliant restroom.
Property Size1,200 SF
Price / SF$458.33
Days on Market3
Property Features for 400 Stonebrook Parkway #9O4 9O4
General Information
Standard status
Active
Size
1,200 SF
Property subtype
CommercialSale
Additional Details
Office Units
1
Listing Agency:
Beam Real Estate, LLC
(972) 484-6644
Listed By:
Justin Varghese · License #0668071
(214) 466-9922
Source:
Lillieyounggroup
Added: Sep 18
Changed: Sep 20
Last Checked: Sep 19 at 8:55AM
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 Beam Real Estate, LLC
Investment Insights
Based on property information with market context.
This 1,200-square-foot office unit is configured for professional occupancy with a reception area, four private offices, and a largely open central layout. The space also includes a breakroom and an ADA-compliant restroom, supporting a practical day-to-day workplace arrangement for 3 to 10 people.
Interior finishes include commercial carpet in the offices, vinyl flooring along the hallway, and tile in the breakroom and restroom. Finished ceilings range from 10 to 12 feet. The office is positioned between Stonebrook Parkway and FM 423 in Frisco, with the address identified as 400 Stonebrook Parkway #9O4.
Interior finishes include commercial carpet in the offices, vinyl flooring along the hallway, and tile in the breakroom and restroom. Finished ceilings range from 10 to 12 feet. The office is positioned between Stonebrook Parkway and FM 423 in Frisco, with the address identified as 400 Stonebrook Parkway #9O4.
Key Highlights
- 1,200 SF office unit with four private offices
- Reception area, open workspace, breakroom, and ADA‑compliant restroom
- Configured to accommodate 3 - 10 people
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
$24,618
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
4.48%
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%
$492,360
$492.4K
Cap Rate 7%
$351,686
$351.7K
Cap Rate 9%
$273,533
$273.5K
Market Conditions
NOI Build-Up for 1,200 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
$37.7K $31.44/SF
− Vacancy
−$4.9K −$4.09/SF
EGI
$32.8K $27.35/SF
− OpEx
−$8.2K −$6.84/SF
NOI
$24.6K $20.51/SF
Area
Frisco, TX
Vacancy
13.00%
Lease Rate
$31.44 /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%
$492,360
Cap Rate 7%
$351,686
Cap Rate 9%
$273,533
Alternative Uses
Best Use
Office B
$351.7K
$307.7K – $410.3K
NOI $24,618 @ 7.0% cap · market cap 4.48%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$468.2K
$409.7K – $546.2K
NOI $32,773 @ 7.0% cap · market cap 5.96%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
1
Office units
Location Intelligence
Trade Area within ½ mile
293
Businesses Nearby
Explore this area
Business Placement
Demographics for 75036, TX
35,148
Population
11,823
Households
3
Avg Household Size
39
Median Age
62%
College-Educated
96%
High-School Grad
10.8 sq mi
ZIP Area
3,254
Density / Sq Mi
$141,761
Median Household Income
$73,125
Median Earnings
$2,238
Median Rent
$500,000
Median Home Value
Market
Vacancy Rate% for Office in South region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Office units - Newly built-out office unit with reception, private rooms, open workspace, breakroom, and an ADA-compliant restroom.
Where is this office units located?
The property is located at 400 Stonebrook Parkway #9O4 9O4 Frisco, TX.
What is the asking price?
The asking price for this property is $550,000.
What are key features of this property?
This property features: 1,200 SF office unit with four private offices; Reception area, open workspace, breakroom, and ADA‑compliant restroom; Configured to accommodate 3 - 10 people
