Multi-Suite Office
New
For Sale
$1,950,000
7500 Stonebrook Pkwy, Frisco, TX 75034
Recent roof, air-conditioning, and water-heater upgrades support an established office property near major commercial destinations.
Property Size6,812 SF
Price / SF$286.26
Days on Market2
Property Features for 7500 Stonebrook Pkwy
General Information
Standard status
Active
Size
6,812 SF
Occupancy
75%
Site & Location
Highway Access
Yes
Road Access
Yes
Additional Details
Office Units
4
Building Details
Year Built
1996
Tenancy
Multi
Listing Agency:
Waimea Group, Inc.
Listed By:
Nikki Boland · License #0212957
(972) 978-7868
Source:
Yourdavisteam
Added: Sep 13
Last Checked: Sep 13 at 2:41PM
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 Waimea Group, Inc.
Investment Insights
Based on property information with market context.
This 6,812-square-foot office building, constructed in 1996, is arranged into four suites. Three suites are occupied under signed leases, with occupants including a real estate company, pediatric office, and chiropractic practice. The remaining suite is being marketed for lease, providing a current leasing position for the next owner.
Capital improvements include a replacement roof and gutters completed in 2024, new water heaters in two suites, and flood-stop devices throughout the building. Suites 100 and 200 have new air-conditioning units. The property is located just off the Tollway and Preston Road, with The Star only minutes away.
Capital improvements include a replacement roof and gutters completed in 2024, new water heaters in two suites, and flood-stop devices throughout the building. Suites 100 and 200 have new air-conditioning units. The property is located just off the Tollway and Preston Road, with The Star only minutes away.
Key Highlights
- 6,812‑square‑foot office building completed in 1996
- Four suites; three occupied under signed leases
- Occupants include a real estate company, pediatric office, and chiropractic practice
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$139,745
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
7.17%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$2,794,900
$2.8M
Cap Rate 7%
$1,996,357
$2.0M
Cap Rate 9%
$1,552,722
$1.6M
Market Conditions
NOI Build-Up for 6,812 SF
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.
Gross rent
$214.2K $31.44/SF
− Vacancy
−$27.8K −$4.09/SF
EGI
$186.3K $27.35/SF
− OpEx
−$46.6K −$6.84/SF
NOI
$139.7K $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 rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$2,794,900
Cap Rate 7%
$1,996,357
Cap Rate 9%
$1,552,722
Alternative Uses
Best Use
Office B
$2.00M
$1.75M – $2.33M
NOI $139,745 @ 7.0% cap · market cap 7.17%
Second Best
Healthcare Medical
$1.26M
$1.10M – $1.47M
NOI $88,284 @ 7.0% cap · market cap 4.53%
Theoretical Best
Office A
$2.66M
$2.33M – $3.10M
NOI $186,043 @ 7.0% cap · market cap 9.54%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Open Analytics
Current Use
Lease Details
4
Office units
75%
Occupancy
Multi-tenant
Tenancy
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
482
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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Office in South region
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Frequently Asked Questions
What type of property is this?
Office building - Recent roof, air-conditioning, and water-heater upgrades support an established office property near major commercial destinations.
Where is this office building located?
The property is located at 7500 Stonebrook Pkwy Frisco, TX.
What is the asking price?
The asking price for this property is $1,950,000.
What are key features of this property?
This property features: 6,812‑square‑foot office building completed in 1996; Four suites; three occupied under signed leases; Occupants include a real estate company, pediatric office, and chiropractic practice
