Office Suite with Plumbing
New
For Sale
$464,999
400 Stonebrook Parkway Unit 301, Frisco, TX 75036
Professional office space with plumbing connections available in every room.
Property Size1,217 SF
Price / SF$382.09
Days on Market2
Property Features for 400 Stonebrook Parkway Unit 301
General Information
Standard status
Active
Size
1,217 SF
Property subtype
Business
Site & Location
Highway Access
Yes
Utilities to Site
Yes
Building Details
Year Built
2022
Listing Agency:
REKonnection, LLC
(972) 914-0989
Listed By:
Rene Jensen · License #0720823
(214) 532-6823
Source:
Lonestarluxuryrealty
Added: Aug 10
Changed: Aug 11
Last Checked: Aug 11 at 5:51AM
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 REKonnection, LLC
Investment Insights
Based on property information with market context.
Office suite at 400 Stonebrook Parkway, Unit 301, within Stonebrook Office Park in Frisco. The property was built in 2022 and includes plumbing connections available in all rooms, supporting a range of professional office configurations.
The suite offers access to Dallas North Tollway and Sam Rayburn Tollway, with nearby retail, dining, and business destinations. Ample parking and a professional office-park setting complement the location.
The suite offers access to Dallas North Tollway and Sam Rayburn Tollway, with nearby retail, dining, and business destinations. Ample parking and a professional office-park setting complement the location.
Key Highlights
- Plumbing connections available in all rooms
- Built in 2022
- Located at 400 Stonebrook Parkway, Unit 301, Frisco, TX 75036
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
$24,966
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
5.37%
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%
$499,320
$499.3K
Cap Rate 7%
$356,657
$356.7K
Cap Rate 9%
$277,400
$277.4K
Market Conditions
NOI Build-Up for 1,217 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
$38.3K $31.44/SF
− Vacancy
−$5.0K −$4.09/SF
EGI
$33.3K $27.35/SF
− OpEx
−$8.3K −$6.84/SF
NOI
$25.0K $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%
$499,320
Cap Rate 7%
$356,657
Cap Rate 9%
$277,400
Alternative Uses
Best Use
Office B
$356.7K
$312.1K – $416.1K
NOI $24,966 @ 7.0% cap · market cap 5.37%
Second Best
Healthcare Medical
$225.3K
$197.2K – $262.9K
NOI $15,772 @ 7.0% cap · market cap 3.39%
Theoretical Best
Office A
$474.8K
$415.5K – $554.0K
NOI $33,238 @ 7.0% cap · market cap 7.15%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
Yes
Highway access
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
520
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
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Frequently Asked Questions
What type of property is this?
Office units - Professional office space with plumbing connections available in every room.
Where is this office units located?
The property is located at 400 Stonebrook Parkway Unit 301 Frisco, TX.
What is the asking price?
The asking price for this property is $464,999.
What are key features of this property?
This property features: Plumbing connections available in all rooms; Built in 2022; Located at 400 Stonebrook Parkway, Unit 301, Frisco, TX 75036
