Fully Finished Office
For Sale
Contact for pricing
5899 Preston Rd, Frisco, TX 75034
Upscale, fully finished office suite available for immediate occupancy with building signage.
Property Size1,125 SF
Price / SF$435
Days on Market190
Property Features for 5899 Preston Rd
General Information
Standard status
Active
Size
1,125 SF
Property subtype
OFFICE
Listing Agency:
Legacy Commercial Realty, LLC
(972) 292-1220
Listed By:
Joe Martinez · License #455942
(214) 535-1876
Source:
Moodyscre
Added: Apr 29
Changed: Oct 26
Last Checked: Nov 3 at 3:40AM
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 Legacy Commercial Realty, LLC
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Investment Insights
Based on property information with market context.
This for-sale office suite is described as upscale and fully finished out, with the capability for immediate occupancy. Building signage is available, which can support tenant branding and visibility.
The property is located on Preston Road in Frisco, TX, with close proximity to the Sam Rayburn Tollway and Dallas North Tollway. It is also noted as part of a dynamic mixed-use retail development alongside an adjacent 13-building office project.
The offering includes a Preston Road address and is positioned within a mixed-use environment that combines retail and office space.
The property is located on Preston Road in Frisco, TX, with close proximity to the Sam Rayburn Tollway and Dallas North Tollway. It is also noted as part of a dynamic mixed-use retail development alongside an adjacent 13-building office project.
The offering includes a Preston Road address and is positioned within a mixed-use environment that combines retail and office space.
Key Highlights
- Upscale, fully finished‑out office suite available for immediate occupancy
- Building signage available
- Mixed‑use retail development with adjacent 13‑building office project
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$23,079
Cap Rate
4.72%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$461,580
$461.6K
Cap Rate 7%
$329,700
$329.7K
Cap Rate 9%
$256,433
$256.4K
Market Conditions
NOI Build-Up for 1,125 SF
Gross rent
$35.4K $31.44/SF
− Vacancy
−$4.6K −$4.09/SF
EGI
$30.8K $27.35/SF
− OpEx
−$7.7K −$6.84/SF
NOI
$23.1K $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 Rate 5%
$461,580
Cap Rate 7%
$329,700
Cap Rate 9%
$256,433
Alternative Uses
Best Use
Office B
$329.7K
$288.5K – $384.7K
NOI $23,079 @ 7.0% cap · market cap 4.72%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$438.9K
$384.1K – $512.1K
NOI $30,725 @ 7.0% cap · market cap 6.28%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
778
Businesses Nearby
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Business Placement
Demographics for 75034, TX
47,734
Population
23,836
Households
2
Avg Household Size
36
Median Age
63%
College-Educated
97%
High-School Grad
15.9 sq mi
ZIP Area
3,002
Density / Sq Mi
$107,945
Median Household Income
$67,256
Median Earnings
$1,730
Median Rent
$679,500
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Office in South region
Frequently Asked Questions
What type of property is this?
Office unit - Upscale, fully finished office suite available for immediate occupancy with building signage.
Where is this office unit located?
The property is located at 5899 Preston Rd Frisco, TX.
What is the asking price?
The asking price for this property is $489,375.
What are key features of this property?
This property features: Upscale, fully finished‑out office suite available for immediate occupancy; Building signage available; Mixed‑use retail development with adjacent 13‑building office project
