End-Unit Medical
5860 Collin McKinney Parkway #601-602 McKinney, TX 75070
For Sale
$925,000
End-unit medical or professional office with multiple private offices, reception, kitchen area, and two restrooms.
Property Size2,120 SF
Price / SF$436.32
Days on Market50
Property Features for 5860 Collin McKinney Parkway #601-602
General Information
- Standard status
- Active
- Size
- 2,120 SF
- Property subtype
- Commercial
Building Details
- Year Built
- 2022
Listing Agency:
Kabe Realty
(682) 439-5624
Listed By:
Katt McGlasson
(682) 439-5624
Source:
Signaturere
Added: Jun 4
Changed: Jul 6
Last Checked: Jul 23 at 6:51AM
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 Kabe Realty
Investment Insights
Based on property information with market context.
This end-unit office suite offers a professional, turnkey layout with a covered entrance, welcoming reception area, and a dedicated front office. It includes seven spacious private office rooms and a well-equipped kitchen area with two refrigerators. The suite also provides two separate restrooms. Large windows bring natural light, and the exterior features a stone and brick façade. The plan mirrors on both sides, with the ability to divide the space equally by enclosing one doorway, supporting flexible occupancy.
The property is located on Collin McKinney Parkway in a densely populated area near Emerson High School. It provides high visibility from Collin McKinney Parkway and offers common parking for clients and staff.
Designed for medical office or professional services, the configuration supports both client-facing space and multiple private rooms for staff use. With a reception, front office, and dedicated restrooms, the suite is well suited for practices and service providers seeking a ready-to-operate environment with common parking and prominent exterior presence.
The property is located on Collin McKinney Parkway in a densely populated area near Emerson High School. It provides high visibility from Collin McKinney Parkway and offers common parking for clients and staff.
Designed for medical office or professional services, the configuration supports both client-facing space and multiple private rooms for staff use. With a reception, front office, and dedicated restrooms, the suite is well suited for practices and service providers seeking a ready-to-operate environment with common parking and prominent exterior presence.
Key Highlights
- 2022‑built, 2,120 SF end‑unit medical or professional office on Collin McKinney Pkwy
- Reception area plus dedicated front office
- Includes 7 private office spaces (no sinks)
Financial Insights For Healthcare Medical
Simulate Cap Rate and NOI
NOI Build-Up
- 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.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $50.9k | $24.00 |
| − Vacancy | −$5.1k | −$2.40 |
| EGI | $45.8k | $21.60 |
| − OpEx | −$18.3k | −$8.64 |
| NOI | $27.5k | $12.96 |
2,120 SF · lease $24.00/SF/yr · vacancy 10.00% · expense 40.00%
Alternative Uses
Best Use
Healthcare Medical
$392.5K
$343.4K – $457.9K
NOI $27,475 @ 7.0% cap · market cap 2.97%
Second Best
Office B
$389.1K
$340.4K – $453.9K
NOI $27,235 @ 7.0% cap · market cap 2.94%
Theoretical Best
Office A
$596.0K
$521.5K – $695.4K
NOI $41,722 @ 7.0% cap · market cap 4.51%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Collin County Physicians
Medical Clinic
Microtek Systems Inc
(Bike/Boat/Book/etc) Store
Similar Off Market Nearby
- Pet use Animal Hospital — 5200 Stacy Rd, McKinney, TX 75070
- Sct Bert Kelly — 5900 S Lake Forest Dr, McKinney, TX 75070
FAQs
What type of property is this?
Medical Office Space - End-unit medical or professional office with multiple private offices, reception, kitchen area, and two restrooms.
Where is this medical office space located?
The property is located at 5860 Collin McKinney Parkway #601-602 McKinney, TX.
What is the asking price?
The asking price for this property is $925,000.
What are key features of this property?
This property features: 2022‑built, 2,120 SF end‑unit medical or professional office on Collin McKinney Pkwy; Reception area plus dedicated front office; Includes 7 private office spaces (no sinks)
