Office Suite Near Major
8501 Wade Blvd Suite 550 Frisco, TX 75034
New
8501 Wade Blvd Suite 550, Frisco, TX, 75034
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For Sale
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Office suite at 8501 Wade Blvd with furniture-ready tenant use and exposure near a road carrying 55,000+ vehicles daily.
Property Size3,382 SF
Price / SF$450
Days on Market5
Property Features for 8501 Wade Blvd Suite 550
General Information
- Standard status
- Active
- Size
- 3,382 SF
- Property subtype
- Office
Building Details
- Year Built
- 2019
Listing Agency
Rockhill Commercial Real Estate
Listed by
Tonya LaBarbera · License #678307
Source
Crexi
Added: Jul 13 Checked: Jul 16 at 11:37 am
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 Rockhill Commercial Real Estate
Investment Insights
Based on property information with market context.
This office suite is located at 8501 Wade Blvd, Suite 550, and offers a configuration suitable for tenants who plan to use furniture. The property is presented as convenient and well-situated for office operations.
Positioned in the heart of Frisco near a highly trafficked road with an average daily vehicle count of over 55,000, the area also benefits from proximity to multiple elementary, middle, and high schools, as well as Collin County Community College. Nearby restaurants and retail amenities support day-to-day needs for employees and visitors.
Positioned in the heart of Frisco near a highly trafficked road with an average daily vehicle count of over 55,000, the area also benefits from proximity to multiple elementary, middle, and high schools, as well as Collin County Community College. Nearby restaurants and retail amenities support day-to-day needs for employees and visitors.
Key Highlights
- Built in 2019 office suite at 8501 Wade Blvd
- Furniture‑ready tenant use (tenants may use furniture)
- Convenient Frisco location near a highly trafficked road with 55,000+ average daily vehicles
Local 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 | $106.3k | $31.44 |
| − Vacancy | −$13.8k | −$4.09 |
| EGI | $92.5k | $27.35 |
| − OpEx | −$23.1k | −$6.84 |
| NOI | $69.4k | $20.51 |
3,382 SF · lease $31.44/SF/yr · vacancy 13.00% · expense 25.00%
Alternative Uses
Best Use
Office B
$991.1K
$867.3K – $1.16M
NOI $69,380 @ 7.0% cap · market cap 4.56%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.32M
$1.15M – $1.54M
NOI $92,366 @ 7.0% cap · market cap 6.07%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Digerati Systems Inc
(Bike/Boat/Book/etc) Store
Telecom Technology Services, ...
Engineering Consultant
North Star Diagnostic ...
Medical Clinic
The Behavior Exchange
Crisis Center
American Option Insurance ...
Insurance Agency
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FAQs
What type of property is this?
Office units - Office suite at 8501 Wade Blvd with furniture-ready tenant use and exposure near a road carrying 55,000+ vehicles daily.
Where is this office units located?
The property is located at 8501 Wade Blvd Suite 550 Frisco, TX.
What is the asking price?
The asking price for this property is $1,521,900.
What are key features of this property?
This property features: Built in 2019 office suite at 8501 Wade Blvd; Furniture‑ready tenant use (tenants may use furniture); Convenient Frisco location near a highly trafficked road with 55,000+ average daily vehicles
