Office Unit with Planned
For Sale
Contact for pricing
7700 Preston Road #1003, Frisco, TX 75034
Shell-condition office unit planned for a finished professional layout with reception, private offices, conference, and open work areas.
Property Size3,289 SF
Price / SF$445
Days on Market80
Property Features for 7700 Preston Road #1003
General Information
Standard status
Active
Size
3,289 SF
Class
B
Property subtype
Office
Additional Details
Office Units
1
Listing Agency:
Cloudloft
Listed By:
Susie Priebe · License #0589418
Source:
Crexi
Added: Aug 5
Changed: Oct 15
Last Checked: Oct 23 at 6:50AM
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 Cloudloft
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This 3,289-square-foot office unit is currently in shell condition, with construction expected to begin soon. The planned buildout organizes the space around a reception area, executive offices, conference room, open work area, break room, private restrooms, and durable contemporary finishes.
The property is being developed within a 40-unit professional office park. Buyers can acquire the unit before completion and participate in a new office configuration without overseeing the construction work themselves.
The property is being developed within a 40-unit professional office park. Buyers can acquire the unit before completion and participate in a new office configuration without overseeing the construction work themselves.
Key Highlights
- 3,289‑square‑foot office unit currently in shell condition
- Planned buildout includes reception, executive offices, conference room, and open work area
- Break room and private restrooms included in the planned layout
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$67,473
Cap Rate
4.61%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,349,460
$1.3M
Cap Rate 7%
$963,900
$963.9K
Cap Rate 9%
$749,700
$749.7K
Market Conditions
NOI Build-Up for 3,289 SF
Gross rent
$103.4K $31.44/SF
− Vacancy
−$13.4K −$4.09/SF
EGI
$90.0K $27.35/SF
− OpEx
−$22.5K −$6.84/SF
NOI
$67.5K $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%
$1,349,460
Cap Rate 7%
$963,900
Cap Rate 9%
$749,700
Alternative Uses
Best Use
Office B
$963.9K
$843.4K – $1.12M
NOI $67,473 @ 7.0% cap · market cap 4.61%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.28M
$1.12M – $1.50M
NOI $89,826 @ 7.0% cap · market cap 6.14%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Lease Details
1
Office units
Location Intelligence
Trade Area within ½ mile
793
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
Market
Vacancy Rate% for Office in South region
Frequently Asked Questions
What type of property is this?
Office unit - Shell-condition office unit planned for a finished professional layout with reception, private offices, conference, and open work areas.
Where is this office unit located?
The property is located at 7700 Preston Road #1003 Frisco, TX.
What is the asking price?
The asking price for this property is $1,463,605.
What are key features of this property?
This property features: 3,289‑square‑foot office unit currently in shell condition; Planned buildout includes reception, executive offices, conference room, and open work area; Break room and private restrooms included in the planned layout
