Frisco Office/Medical/Retail Building For
7010 Ash St Frisco, TX 75034
For Sale
Contact for pricing
Corner property suitable for office, medical, or retail use.
Property Size3,131 SF
Price / SF$413.61
Days on Market597
Property Features for 7010 Ash St
General Information
- Standard status
- Active
- Size
- 3,131 SF
- Property subtype
- Office
Building Details
- Year Built
- 1987
Listing Agency:
Redbud Offices
(469) 434-7300
Listed By:
Anoo Sathappun · License #0635204
Source:
Crexi
Added: Dec 5, 2024
Changed: Jul 10
Last Checked: Jul 24 at 4:54PM
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 Redbud Offices
Investment Insights
Based on property information with market context.
This constructed building is suitable for office, medical, or salon use. Note that schools, daycare facilities, and churches are not permitted. The property is suitable for investment or self-use. It features multiple private offices and hospital-grade electrical wiring. Situated on a double street corner at 5th & Ash St, the building has undergone a complete reconstruction, including the interior, HVAC, electrical, plumbing, and ADA-compliant restrooms. Updates include doors, trims, windows, flooring, painting, and electric and plumbing fixtures. Exterior improvements feature new concrete, sidewalks, bicycle parking, and car parking, all as per the approved site plan from the City of Frisco. The property size is 3131 square feet.
Key Highlights
- Fully reconstructed building with new interior, HVAC, electrical, plumbing, and ADA restrooms.
- Suitable for office, medical, or salon use.
- Double street corner property at 5th & Ash St.
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 | $98.4k | $31.44 |
| − Vacancy | −$12.8k | −$4.09 |
| EGI | $85.6k | $27.35 |
| − OpEx | −$21.4k | −$6.84 |
| NOI | $64.2k | $20.51 |
3,131 SF · lease $31.44/SF/yr · vacancy 13.00% · expense 25.00%
Alternative Uses
Best Use
Office B
$917.6K
$802.9K – $1.07M
NOI $64,231 @ 7.0% cap · market cap 4.96%
Second Best
Healthcare Medical
$579.7K
$507.2K – $676.3K
NOI $40,578 @ 7.0% cap · market cap 3.13%
Theoretical Best
Office A
$1.22M
$1.07M – $1.43M
NOI $85,511 @ 7.0% cap · market cap 6.60%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Medical Office Space
FAQs
What type of property is this?
Medical Office Space - Corner property suitable for office, medical, or retail use.
Where is this medical office space located?
The property is located at 7010 Ash St Frisco, TX.
What is the asking price?
The asking price for this property is $1,295,000.
What are key features of this property?
This property features: Fully reconstructed building with new interior, HVAC, electrical, plumbing, and ADA restrooms.; Suitable for office, medical, or salon use.; Double street corner property at 5th & Ash St.
