Corner-End Office
For Sale
Contact for pricing
8668 John Hickman Parkway, Frisco, TX 75034
Owner-occupied office condo with natural light and parking for employees and visitors.
Property Size1,150 SF
Price / SF$416.51
Days on Market119
Property Features for 8668 John Hickman Parkway
General Information
Standard status
Active
Size
1,150 SF
Property subtype
Office
Occupancy
100%
Investment Type
Owner/User
Additional Details
Highway Access
Yes
Building Details
Year Built
2017
Tenancy
Single
Owner Occupied
Yes
Listing Agency:
Miracle Lending LLC
Listed By:
Emily Chen · License #0657057
Source:
Crexi
Added: Jun 30
Changed: Oct 26
Last Checked: Oct 24 at 4:08PM
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 Miracle Lending LLC
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This 1,150-square-foot office condominium is a corner-end unit with a functional layout, bright interior, and like-new condition. It has been owner-occupied since construction and has never been leased. The position provides additional privacy and natural light for a comfortable professional setting.
Built in 2017, the property is located at 8668 John Hickman Parkway in Frisco, Texas. Access to Preston Road, Highway 121, and the Dallas North Tollway supports convenient travel for employees and clients. Ample parking is available for both workplace users and visitors. The configuration is suited to professional office operations, including legal, accounting, financial, insurance, medical, real estate, and consulting practices.
Built in 2017, the property is located at 8668 John Hickman Parkway in Frisco, Texas. Access to Preston Road, Highway 121, and the Dallas North Tollway supports convenient travel for employees and clients. Ample parking is available for both workplace users and visitors. The configuration is suited to professional office operations, including legal, accounting, financial, insurance, medical, real estate, and consulting practices.
Key Highlights
- 1,150‑square‑foot corner‑end office condo
- Built in 2017 and owner‑occupied since construction
- Never leased; maintained in like‑new condition
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$23,592
Cap Rate
4.93%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$471,840
$471.8K
Cap Rate 7%
$337,029
$337.0K
Cap Rate 9%
$262,133
$262.1K
Market Conditions
NOI Build-Up for 1,150 SF
Gross rent
$36.2K $31.44/SF
− Vacancy
−$4.7K −$4.09/SF
EGI
$31.5K $27.35/SF
− OpEx
−$7.9K −$6.84/SF
NOI
$23.6K $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%
$471,840
Cap Rate 7%
$337,029
Cap Rate 9%
$262,133
Alternative Uses
Best Use
Office B
$337.0K
$294.9K – $393.2K
NOI $23,592 @ 7.0% cap · market cap 4.93%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$448.7K
$392.6K – $523.5K
NOI $31,408 @ 7.0% cap · market cap 6.56%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Lease Details
100%
Occupancy
Single-tenant
Tenancy
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
1,905
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 - Owner-occupied office condo with natural light and parking for employees and visitors.
Where is this office unit located?
The property is located at 8668 John Hickman Parkway Frisco, TX.
What is the asking price?
The asking price for this property is $478,990.
What are key features of this property?
This property features: 1,150‑square‑foot corner‑end office condo; Built in 2017 and owner‑occupied since construction; Never leased; maintained in like‑new condition
