Second-Floor Retail
New
For Sale
$555,000
4041 S Custer Rd Unit 2220, McKinney, TX 75070
Shell-condition space offers a blank canvas for a restaurant, storefront, office, or other commercial use.
Property Size1,499 SF
Price / SF$370.25
Days on Market7
Property Features for 4041 S Custer Rd Unit 2220
General Information
Standard status
Active
Size
1,499 SF
Additional Details
Floor
2
Building Details
Year Built
2025
Listing Agency:
Real Broker, LLC
Listed By:
Quynh Dang · License #0715343
(855) 450-0442
Source:
Cityupgroup
Added: Sep 30
Changed: Oct 3
Last Checked: Oct 5 at 7:59PM
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.
This 1,499-square-foot commercial condo occupies the second floor and was built in 2025. The unit is delivered in shell condition, allowing the interior to be planned for a restaurant, retail storefront, dental or medical office, professional office, or another commercial use.
The property is within a developed community that includes apartments, with approximately 1000 families within walking distance. The development incorporates a live-work-play concept and architecture inspired by Florence, Italy.
The property is within a developed community that includes apartments, with approximately 1000 families within walking distance. The development incorporates a live-work-play concept and architecture inspired by Florence, Italy.
Key Highlights
- 1,499‑square‑foot second‑floor commercial condo
- Delivered in shell condition for custom buildout
- Built in 2025
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$24,094
Cap Rate
4.34%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$481,880
$481.9K
Cap Rate 7%
$344,200
$344.2K
Cap Rate 9%
$267,711
$267.7K
Market Conditions
NOI Build-Up for 1,499 SF
Gross rent
$36.2K $24.12/SF
− Vacancy
−$1.7K −$1.16/SF
EGI
$34.4K $22.96/SF
− OpEx
−$10.3K −$6.89/SF
NOI
$24.1K $16.07/SF
Area
McKinney, TX
Vacancy
4.80%
Lease Rate
$24.12 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$481,880
Cap Rate 7%
$344,200
Cap Rate 9%
$267,711
Alternative Uses
Best Use
Retail
$344.2K
$301.2K – $401.6K
NOI $24,094 @ 7.0% cap · market cap 4.34%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$421.4K
$368.8K – $491.7K
NOI $29,500 @ 7.0% cap · market cap 5.32%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
342
Businesses Nearby
6k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Beauty & Spa 72%
Dining 28%
Salons by JC
Beauty & Spa
4,345 visits/mo
0.2 miles
Godfather's Pizza
Dining
1,669 visits/mo
0.5 miles
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 Retail in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Retail space - Shell-condition space offers a blank canvas for a restaurant, storefront, office, or other commercial use.
Where is this retail space located?
The property is located at 4041 S Custer Rd Unit 2220 McKinney, TX.
What is the asking price?
The asking price for this property is $555,000.
What are key features of this property?
This property features: 1,499‑square‑foot second‑floor commercial condo; Delivered in shell condition for custom buildout; Built in 2025
