New Cold Shell Office
For Sale
$1,250,000
7700 Preston Rd #1001, Frisco, TX 75035
Brand-new blank-canvas office space allows medical, dental, or professional users to plan a custom interior build-out.
Property Size3,222 SF
Price / SF$387.96
Days on Market49
Property Features for 7700 Preston Rd #1001
General Information
Standard status
Active
Size
3,222 SF
Property subtype
Office
Additional Details
Highway Access
Yes
Amenities
building signage opportunities
Building Details
Year Built
2024
Listing Agency:
Weichert Realtors/Property Partners
(214) 550-2793
Listed By:
Phillip Watford · License #0746817
(469) 487-1519
Source:
Lonestarluxuryrealty
Added: Aug 19
Changed: Oct 5
Last Checked: Oct 5 at 7:17PM
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 Weichert Realtors/Property Partners
Investment Insights
Based on property information with market context.
Suite 1001 is a 3,222-square-foot cold shell office unit completed in 2024. The unfinished interior provides a blank canvas for a custom build-out and is positioned for medical, dental, or other professional office use. Building signage opportunities are available.
The property is located at 7700 Preston Rd in Frisco, north of Stonebrook Pkwy and Rolater Rd. Preston Road records more than 62,000 vehicles daily, while access to the Dallas North Tollway and Sam Rayburn Tollway supports connectivity across the surrounding area. The Offices at Prestonbrook Crossing is also near Stonebriar Centre, Legacy West, The Shops at Legacy, The Star, Frisco Square, and Toyota Stadium.
The property is located at 7700 Preston Rd in Frisco, north of Stonebrook Pkwy and Rolater Rd. Preston Road records more than 62,000 vehicles daily, while access to the Dallas North Tollway and Sam Rayburn Tollway supports connectivity across the surrounding area. The Offices at Prestonbrook Crossing is also near Stonebriar Centre, Legacy West, The Shops at Legacy, The Star, Frisco Square, and Toyota Stadium.
Key Highlights
- 3,222 SF cold shell office suite
- Suite 1001 at The Offices at Prestonbrook Crossing
- Completed in 2024
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$66,098
Cap Rate
5.29%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,321,960
$1.3M
Cap Rate 7%
$944,257
$944.3K
Cap Rate 9%
$734,422
$734.4K
Market Conditions
NOI Build-Up for 3,222 SF
Gross rent
$101.3K $31.44/SF
− Vacancy
−$13.2K −$4.09/SF
EGI
$88.1K $27.35/SF
− OpEx
−$22.0K −$6.84/SF
NOI
$66.1K $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%
$1,321,960
Cap Rate 7%
$944,257
Cap Rate 9%
$734,422
Alternative Uses
Best Use
Office B
$944.3K
$826.2K – $1.10M
NOI $66,098 @ 7.0% cap · market cap 5.29%
Second Best
Healthcare Medical
$596.5K
$522.0K – $696.0K
NOI $41,757 @ 7.0% cap · market cap 3.34%
Theoretical Best
Office A
$1.26M
$1.10M – $1.47M
NOI $87,996 @ 7.0% cap · market cap 7.04%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Lease Details
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
793
Businesses Nearby
Explore this area
Business Placement
Demographics for 75035, TX
82,596
Population
29,198
Households
2.8
Avg Household Size
35
Median Age
68%
College-Educated
96%
High-School Grad
24.9 sq mi
ZIP Area
3,317
Density / Sq Mi
$161,030
Median Household Income
$83,321
Median Earnings
$2,171
Median Rent
$562,300
Median Home Value
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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 units - Brand-new blank-canvas office space allows medical, dental, or professional users to plan a custom interior build-out.
Where is this office units located?
The property is located at 7700 Preston Rd #1001 Frisco, TX.
What is the asking price?
The asking price for this property is $1,250,000.
What are key features of this property?
This property features: 3,222 SF cold shell office suite; Suite 1001 at The Offices at Prestonbrook Crossing; Completed in 2024
