Office Unit with Town Center
New
For Sale
Contact for pricing
6675 Mediterranean Drive #303, McKinney, TX 75072
A 386-square-foot workspace includes tall ceilings and recessed lighting.
Property Size386 SF
Price / SF$3
Days on Market7
Property Features for 6675 Mediterranean Drive #303
General Information
Standard status
Active
Size
386 SF
Property subtype
Office
Additional Details
Floor
3
Property Use
Office
Building Details
Year Built
2013
Listing Agency:
REKonnection, LLC
(972) 914-0989
Listed By:
Melissa Wilkins · License #0798250
(317) 919-4838
Source:
Momentusrealestategroup
Added: Oct 29
Changed: Nov 3
Last Checked: Nov 3 at 8:28AM
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
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This 386-square-foot office occupies an end position on the third level of the parking structure. A window faces the town center, while tall ceilings, recessed lighting, commercial carpet, and gray-painted walls define the interior. Key-fob access serves the office and shared restrooms.
The unit is part of The Harbor at Adriatica, where residential, restaurant, and commercial uses are present. A walking trail and lake views add outdoor amenities to the surrounding setting. The building was constructed in 2013.
The unit is part of The Harbor at Adriatica, where residential, restaurant, and commercial uses are present. A walking trail and lake views add outdoor amenities to the surrounding setting. The building was constructed in 2013.
Key Highlights
- 386‑square‑foot office unit
- End position on the parking structure’s third floor
- Window with a view toward the town center
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$4,959
Suggested Prices Based on Cap Rates
Cap Rate 5%
$99,180
$99.2K
Cap Rate 7%
$70,843
$70.8K
Cap Rate 9%
$55,100
$55.1K
Market Conditions
NOI Build-Up for 386 SF
Gross rent
$8.5K $21.96/SF
− Vacancy
−$1.9K −$4.83/SF
EGI
$6.6K $17.13/SF
− OpEx
−$1.7K −$4.28/SF
NOI
$5.0K $12.85/SF
Area
McKinney, TX
Vacancy
22.00%
Lease Rate
$21.96 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$99,180
Cap Rate 7%
$70,843
Cap Rate 9%
$55,100
Alternative Uses
Best Use
Office B
$70.8K
$62.0K – $82.7K
NOI $4,959 @ 7.0% cap · market cap 428.24%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$108.5K
$95.0K – $126.6K
NOI $7,596 @ 7.0% cap · market cap 655.96%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
996
Businesses Nearby
Explore this area
Business Placement
Demographics for 75072, TX
55,538
Population
18,618
Households
3
Avg Household Size
38
Median Age
62%
College-Educated
98%
High-School Grad
12.1 sq mi
ZIP Area
4,590
Density / Sq Mi
$155,294
Median Household Income
$74,341
Median Earnings
$2,317
Median Rent
$472,700
Median Home Value
Market
Vacancy Rate% for Office in South region
Frequently Asked Questions
What type of property is this?
Office unit - A 386-square-foot workspace includes tall ceilings and recessed lighting.
Where is this office unit located?
The property is located at 6675 Mediterranean Drive #303 McKinney, TX.
What are key features of this property?
This property features: 386‑square‑foot office unit; End position on the parking structure’s third floor; Window with a view toward the town center
