Modern Office Condo in
8751 Collin McKinney Pkwy, McKinney, TX 75070
For Sale
Contact for pricing
Well-located, newer construction office condo in a growing submarket.
Property Size4,500 SF
Price / SF$400
Days on Market240
Property Features for 8751 Collin McKinney Pkwy
General Information
Standard status
Size
Property subtype
Investment Type
Building Details
Year Built
Listing Agency:
EDGE Realty Partners Dallas / Fort Worth
Listed By:
Warren Smith · License TX #594592
(214) 952-6881
Source:
Crexi
Added: Mar 18
Changed: Aug 8
Last Checked: Aug 8 at 6:44AM
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 EDGE Realty Partners Dallas / Fort Worth
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Investment Insights
Based on property information with market context.
Located along Collin McKinney Parkway in McKinney, Texas, the property offers visibility and access to Sam Rayburn Tollway (SH-121), Dallas North Tollway, and U.S. Highway 75. It benefits from ingress and egress and is situated within a professional office park surrounded by residential and retail development. Built in 2019, the property comprises approximately 4,500 square feet within a single-story office condo building and features modern construction with finishes. The interior layout consists of approximately 20 private offices in small, mid-size, and executive configurations. A large executive suite includes a private restroom, coffee bar, and open-concept seating area. The property is suited for medical or professional office users. It is located in one of North Texas’s fastest-growing submarkets and offers immediate availability.
Key Highlights
- Newer construction (2019) with high‑quality, modern finishes.
- Prime location with strong visibility and convenient access to major highways (Sam Rayburn Tollway, Dallas North Tollway, U.S. Highway 75).
- Flexible interior layout** with approximately 20 private offices, including a large executive suite with private restroom and coffee bar.
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$57,810
Cap Rate
3.21%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,156,200
$1.2M
Cap Rate 7%
$825,857
$825.9K
Cap Rate 9%
$642,333
$642.3K
Market Conditions
NOI Build-Up for 4,500 SF
Gross rent
$98.8K $21.96/SF
− Vacancy
−$21.7K −$4.83/SF
EGI
$77.1K $17.13/SF
− OpEx
−$19.3K −$4.28/SF
NOI
$57.8K $12.85/SF
Area
McKinney, TX
Vacancy
22.00%
Lease Rate
$21.96 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,156,200
Cap Rate 7%
$825,857
Cap Rate 9%
$642,333
Alternative Uses
Best Use
Office B
$825.9K
$722.6K – $963.5K
NOI $57,810 @ 7.0% cap · market cap 3.21%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.27M
$1.11M – $1.48M
NOI $88,560 @ 7.0% cap · market cap 4.92%
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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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
887
Businesses Nearby
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Business Placement
Demographics for 75070, TX
57,712
Population
24,323
Households
2.4
Avg Household Size
34
Median Age
57%
College-Educated
98%
High-School Grad
11.3 sq mi
ZIP Area
5,107
Density / Sq Mi
$106,549
Median Household Income
$65,855
Median Earnings
$1,799
Median Rent
$429,300
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Average Price Trend$/SF for Office Units in McKinney, TX
Properties on Market for Office Units in McKinney
Vacancy Rate% for Office in South region
Frequently Asked Questions
What type of property is this?
Office unit - Well-located, newer construction office condo in a growing submarket.
Where is this office unit located?
The property is located at 8751 Collin McKinney Pkwy McKinney, TX.
What is the asking price?
The asking price for this property is $1,800,000.
What are key features of this property?
This property features: Newer construction (2019) with **high‑quality, modern finishes.**; Prime location with **strong visibility** and convenient access to major highways (Sam Rayburn Tollway, Dallas North Tollway, U.S. Highway 75).; Flexible interior layout** with approximately 20 private offices, including a large executive suite with private restroom and coffee bar.
