Modern Retail Office
7000 Parkwood Boulevard #C300, Frisco, TX 75034
For Sale
$465,000
Retail office unit in high-traffic area near Stonebrook and Tollway.
Property Size1,125 SF
Price / SF$413.33
Days on Market206
Property Features for 7000 Parkwood Boulevard #C300
General Information
Standard status
Size
Property subtype
Zoning
Building Details
Building Size
Year Built
Stories
Units
Listing Agency:
White Rock Realty
(940) 343-5113
Listed By:
Bhaskara Koduganti · License TX #0769862
(214) 250-0715
Source:
Signaturere
Added: Apr 22
Changed: Aug 12
Last Checked: Aug 12 at 10:35AM
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 White Rock Realty
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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 modern retail office unit is located in a high-traffic commercial area near Stonebrook and the Tollway. The property, with a size of 1125 square feet, features a lobby, four private offices, a kitchen area, a half bath, and a storage closet. The unit is suitable for retail, professional services, or boutique operations. The lobby and hallway feature wood flooring, complemented by wood trim and wrought iron doors at the front and rear entrances.
Key Highlights
- High‑traffic location near Stonebrook and the Tollway ensures excellent visibility and accessibility for customers.
- Modern retail/office unit suitable for various business types including retail, professional services, or boutique operations.
- Features four private offices, a kitchen area, half bath, and storage closet, providing a functional and well‑equipped workspace.
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$23,079
Cap Rate
4.96%
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 4.96%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$438.9K
$384.1K – $512.1K
NOI $30,725 @ 7.0% cap · market cap 6.61%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
432
Businesses Nearby
Explore this area
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
$679,500
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Average Price Trend$/SF for Office Units in Frisco, TX
Properties on Market for Office Units in Frisco
Vacancy Rate% for Office in South region
Frequently Asked Questions
What type of property is this?
Office unit - Retail office unit in high-traffic area near Stonebrook and Tollway.
Where is this office unit located?
The property is located at 7000 Parkwood Boulevard #C300 Frisco, TX.
What is the asking price?
The asking price for this property is $465,000.
What are key features of this property?
This property features: High‑traffic location near Stonebrook and the Tollway ensures excellent visibility and accessibility for customers.; Modern retail/office unit suitable for various business types including retail, professional services, or boutique operations.; Features **four private offices, a kitchen area, half bath, and storage closet**, providing a functional and well‑equipped workspace.
