Fully Finished Medical Office
8501 Wade Blvd, Frisco, TX 75034
For Sale
Contact for pricing
Class A suites with building and monument signage, offering immediate occupancy with one office currently leased.
Property Size7,602 SF
Price / SF$435
Days on Market503
Property Features for 8501 Wade Blvd
General Information
Standard status
Size
Class
Property subtype
Site & Location
Highway Access
Road Access
Amenities
fully maintained landscape
building & monument signage
Listing Agency:
Legacy Commercial Realty, LLC
(972) 292-1220
Listed By:
Joe Martinez · License #455942
(214) 535-1876
Source:
Moodyscre
Added: Jun 25, 2025
Changed: Oct 26
Last Checked: Nov 8 at 8:24AM
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 Legacy Commercial Realty, LLC
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Investment Insights
Based on property information with market context.
Class “A” professional and medical office space in a fully finished-out configuration, with suites positioned for immediate occupancy. The offering includes a synergistic professional environment across 14 buildings, supported by fully maintained landscaping, and features both building and monument signage. One office is currently fully leased as part of the investment.
The property is conveniently placed right off Preston Road, with close proximity to the Sam Rayburn Tollway and the Dallas North Tollway. This creates straightforward regional access for daily operations and client visits, while the onsite signage supports tenant visibility.
The property is conveniently placed right off Preston Road, with close proximity to the Sam Rayburn Tollway and the Dallas North Tollway. This creates straightforward regional access for daily operations and client visits, while the onsite signage supports tenant visibility.
Key Highlights
- Class A fully finished out professional/medical office suites
- Suites are ready for immediate occupancy; one office is currently leased
- Located right off Preston Road
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$155,952
Cap Rate
4.72%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$3,119,040
$3.1M
Cap Rate 7%
$2,227,886
$2.2M
Cap Rate 9%
$1,732,800
$1.7M
Market Conditions
NOI Build-Up for 7,602 SF
Gross rent
$239.0K $31.44/SF
− Vacancy
−$31.1K −$4.09/SF
EGI
$207.9K $27.35/SF
− OpEx
−$52.0K −$6.84/SF
NOI
$156.0K $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%
$3,119,040
Cap Rate 7%
$2,227,886
Cap Rate 9%
$1,732,800
Alternative Uses
Best Use
Office B
$2.23M
$1.95M – $2.60M
NOI $155,952 @ 7.0% cap · market cap 4.72%
Second Best
Healthcare Medical
$1.41M
$1.23M – $1.64M
NOI $98,522 @ 7.0% cap · market cap 2.98%
Theoretical Best
Office A
$2.97M
$2.60M – $3.46M
NOI $207,619 @ 7.0% cap · market cap 6.28%
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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Current Use
Lease Details
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
866
Businesses Nearby
Balanced
Demand for This Use
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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 Medical Office Space in Frisco, TX
Properties on Market for Medical Office Space in Frisco
Vacancy Rate% for Office in South region
Similar Off Market Nearby
- Animal Medical & Surgical Hospital of Frisco — 6451 Preston Rd, Frisco, TX 75034
- AMSH of Frisco — 6451 Preston Rd, Frisco, TX 75034
- LazyPaw Animal Hospitals — 7380 Stonebrook Pkwy, Frisco, TX 75034
Frequently Asked Questions
What type of property is this?
Medical Office Space - Class A suites with building and monument signage, offering immediate occupancy with one office currently leased.
Where is this medical office space located?
The property is located at 8501 Wade Blvd Frisco, TX.
What is the asking price?
The asking price for this property is $3,306,870.
What are key features of this property?
This property features: Class A fully finished out professional/medical office suites; Suites are ready for immediate occupancy; one office is currently leased; Located right off Preston Road
