Leased Office Condo
6000 Alma Road #902 McKinney, TX 75070
New
For Sale
$473,990
Fully finished office suite with four private offices, reception, restroom, and break area, leased through May 2028.
Property Size1,225 SF
Price / SF$386.93
Days on Market7
Property Features for 6000 Alma Road #902
General Information
- Standard status
- Active
- Size
- 1,225 SF
- Property subtype
- Commercial
Building Details
- Year Built
- 2025
Listing Agency:
Texas Elite Realty
(214) 592-7390
Listed By:
John Martellini · License #0635666
(214) 592-7390
Source:
Fullhouserealtytx
Added: Jul 21
Changed: Jul 22
Last Checked: Jul 26 at 5:53PM
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 Texas Elite Realty
Investment Insights
Based on property information with market context.
This leased office condo suite is fully finished and designed for professional use. The interior layout includes four private offices, a welcoming reception area, a private restroom, and a convenient break area. The space features granite countertops, 42-inch cabinetry, and modern motion-sensor lighting throughout.
The unit is located at Collin Ridge Office Condos on the corner of Alma Road and Collin McKinney Parkway. It also offers convenient parking for employees and visitors.
The suite is currently leased for a term of two years, with the lease expiring in May 2028.
The unit is located at Collin Ridge Office Condos on the corner of Alma Road and Collin McKinney Parkway. It also offers convenient parking for employees and visitors.
The suite is currently leased for a term of two years, with the lease expiring in May 2028.
Key Highlights
- Newly built 1,225 SF office suite (Year Built: 2025) in Collin Ridge Office Condos, ready for a tenant
- Leased for 2 years at $3,195/month; lease expires May 2028
- Interior layout includes four private offices, reception area, private restroom, and break area
Financial Insights For Office B
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 | $26.9k | $21.96 |
| − Vacancy | −$5.9k | −$4.83 |
| EGI | $21.0k | $17.13 |
| − OpEx | −$5.2k | −$4.28 |
| NOI | $15.7k | $12.85 |
1,225 SF · lease $21.96/SF/yr · vacancy 22.00% · expense 25.00%
Alternative Uses
Best Use
Office B
$224.8K
$196.7K – $262.3K
NOI $15,737 @ 7.0% cap · market cap 3.32%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$344.4K
$301.4K – $401.8K
NOI $24,108 @ 7.0% cap · market cap 5.09%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Office Units
FAQs
What type of property is this?
Office units - Fully finished office suite with four private offices, reception, restroom, and break area, leased through May 2028.
Where is this office units located?
The property is located at 6000 Alma Road #902 McKinney, TX.
What is the asking price?
The asking price for this property is $473,990.
What are key features of this property?
This property features: Newly built 1,225 SF office suite (Year Built: 2025) in Collin Ridge Office Condos, ready for a tenant; Leased for 2 years at $3,195/month; lease expires May 2028; Interior layout includes four private offices, reception area, private restroom, and break area
