Frisco Medical Office For
For Sale
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8810 Lebanon Rd Frisco Texas 75034, Frisco, TX 75034
Class A medical office with shell space in Frisco.
Property Size8,278 SF
Price / SF$573.81
Days on Market393
Property Features for 8810 Lebanon Rd Frisco Texas 75034
General Information
Standard status
Active
Size
8,278 SF
Class
A
Property subtype
Office, Special Purpose
Investment Type
Owner/User
Building Details
Year Built
2008
Buildings
1
Stories
2
Units
1
Listing Agency:
CENTURY 21 The Edge
Listed By:
Scott Kesner · License #TX -0432665
(915) 772-0553
Source:
Crexi
Added: Aug 8, 2025
Changed: Aug 14
Last Checked: Sep 2 at 7:28AM
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 CENTURY 21 The Edge
Investment Insights
Based on property information with market context.
This property is a Class A medical office building with an additional 2200 square feet in shell condition. The property contains a total of 8278 square feet.
Key Highlights
- Class A medical space
- Additional 2200 square feet in shell condition
- Built in 2008
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$169,820
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
3.58%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$3,396,400
$3.4M
Cap Rate 7%
$2,426,000
$2.4M
Cap Rate 9%
$1,886,889
$1.9M
Market Conditions
NOI Build-Up for 8,278 SF
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.
Gross rent
$260.3K $31.44/SF
− Vacancy
−$33.8K −$4.09/SF
EGI
$226.4K $27.35/SF
− OpEx
−$56.6K −$6.84/SF
NOI
$169.8K $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 rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$3,396,400
Cap Rate 7%
$2,426,000
Cap Rate 9%
$1,886,889
Alternative Uses
Best Use
Office B
$2.43M
$2.12M – $2.83M
NOI $169,820 @ 7.0% cap · market cap 3.58%
Second Best
Healthcare Medical
$1.53M
$1.34M – $1.79M
NOI $107,283 @ 7.0% cap · market cap 2.26%
Theoretical Best
Office A
$3.23M
$2.83M – $3.77M
NOI $226,081 @ 7.0% cap · market cap 4.76%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
1,184
Businesses Nearby
Balanced
Demand for This Use
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
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
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
Frequently Asked Questions
What type of property is this?
Medical Office Space - Class A medical office with shell space in Frisco.
Where is this medical office space located?
The property is located at 8810 Lebanon Rd Frisco Texas 75034 Frisco, TX.
What is the asking price?
The asking price for this property is $4,750,000.
What are key features of this property?
This property features: Class A medical space; Additional 2200 square feet in shell condition; Built in 2008
