Office Condominium Suite
8751 Collin McKinney Parkway McKinney, TX 75070
8751 Collin McKinney Parkway, McKinney, TX, 75070
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For Sale
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Office condo suite with immediate access to the Sam Rayburn Tollway for convenient client and employee connectivity.
Property Size1,176 SF
Price / SF$378.40
Days on Market43
Property Features for 8751 Collin McKinney Parkway
General Information
- Standard status
- Active
- Size
- 1,176 SF
- Property subtype
- Office
Building Details
- Year Built
- 2018
Listing agency
Appian Commercial Realty
(972) 562-9988
Listed by
Ray Eckenrode · License #TX 579746
Source
Crexi
Added: Jun 10 Updated: Jul 10 at 1:59PM Checked: Jul 20 at 2:54AM
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 Appian Commercial Realty
Investment Insights
Based on property information with market context.
This professional office condominium is offered as Suite 101 within a condominium setting. The space is specifically described as providing immediate access to the Sam Rayburn Tollway, supporting efficient arrivals and departures for day-to-day operations.
Located in the heart of Craig Ranch, the 2,200-acre master-planned community sits at the crossroads of Custer Road and the Sam Rayburn Tollway (SH 121) in McKinney, where McKinney, Allen, Plano, and Frisco converge. Craig Ranch is anchored by TPC Craig Ranch and is surrounded by approximately 400 acres of parks and hike-and-bike trails. Suite 101’s placement in the community also provides proximity to dining, retail, and medical services along the 121 corridor, including The Shops at Craig Ranch.
For buyers and owner-operators seeking a professional office presence tied to a long-established office-and-medical base, Suite 101 offers a straightforward, access-focused configuration. Its connectivity to the SH 121 corridor can help support client visits and commuting convenience in a mixed-use environment.
Located in the heart of Craig Ranch, the 2,200-acre master-planned community sits at the crossroads of Custer Road and the Sam Rayburn Tollway (SH 121) in McKinney, where McKinney, Allen, Plano, and Frisco converge. Craig Ranch is anchored by TPC Craig Ranch and is surrounded by approximately 400 acres of parks and hike-and-bike trails. Suite 101’s placement in the community also provides proximity to dining, retail, and medical services along the 121 corridor, including The Shops at Craig Ranch.
For buyers and owner-operators seeking a professional office presence tied to a long-established office-and-medical base, Suite 101 offers a straightforward, access-focused configuration. Its connectivity to the SH 121 corridor can help support client visits and commuting convenience in a mixed-use environment.
Key Highlights
- 2018‑built professional office condominium suite in Craig Ranch
- Suite 101 provides immediate access to the Sam Rayburn Tollway (SH 121)
- Craig Ranch is anchored by TPC Craig Ranch, home to the PGA TOUR's CJ CUP Byron Nelson
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 | $25.8k | $21.96 |
| − Vacancy | −$5.7k | −$4.83 |
| EGI | $20.1k | $17.13 |
| − OpEx | −$5.0k | −$4.28 |
| NOI | $15.1k | $12.85 |
1,176 SF · lease $21.96/SF/yr · vacancy 22.00% · expense 25.00%
Alternative Uses
Best Use
Office B
$215.8K
$188.9K – $251.8K
NOI $15,108 @ 7.0% cap · market cap 3.40%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$330.6K
$289.3K – $385.7K
NOI $23,144 @ 7.0% cap · market cap 5.20%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
cloudrepricer
(Bike/Boat/Book/etc) Store
SKL Solutions Inc
Consultant
Dr. Terrie Naramor
Training Center
Blank Slate Therapy
Psychotherapist
Kreins Psychological Services
Physician
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FAQs
What type of property is this?
Office units - Office condo suite with immediate access to the Sam Rayburn Tollway for convenient client and employee connectivity.
Where is this office units located?
The property is located at 8751 Collin McKinney Parkway McKinney, TX.
What is the asking price?
The asking price for this property is $445,000.
What are key features of this property?
This property features: 2018‑built professional office condominium suite in Craig Ranch; Suite 101 provides immediate access to the Sam Rayburn Tollway (SH 121); Craig Ranch is anchored by TPC Craig Ranch, home to the PGA TOUR's CJ CUP Byron Nelson
