Medical Office in Stonebridge
7300 Eldorado Pkwy McKinney, TX 75072
For Sale
Contact for pricing
Located in McKinney, near major hospitals and high-income area.
Property Size1,197 SF
Price / SF$400
Days on Market850
Property Features for 7300 Eldorado Pkwy
General Information
- Standard status
- Active
- Size
- 1,197 SF
- Property subtype
- Office
Building Details
- Year Built
- 2016
Listing Agency:
Appian Commercial Realty
Listed By:
PRESTON TAYLOR · License #TX 734185
Source:
Crexi
Added: Mar 27, 2024
Changed: Jul 10
Last Checked: Jul 23 at 4:15PM
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.
Located in the Stonebridge Ranch master-planned development at the northeast corner of Eldorado Parkway and Alma Road in McKinney, Texas, this property benefits from its location in one of the fastest-growing cities in the U.S., with an estimated population of 206,000 and an average household income of $134,813. The building is centrally located between multiple hospitals, including Methodist, Medical City, Baylor Scott & White, and Texas Health Presbyterian. Onsite specialties include Family Medicine, Orthopedics, Physical Medicine, Physical Therapy & Rehabilitation, Gastroenterology, Cardiology, General Surgery, Neuropsychology, Dermatology, Allergy/Ear/Nose/Throat, Ophthalmology, Neurology, Psychiatry, Electrophysiology, and Nephrology. The building also includes two onsite conference centers for tenant use. The property size is 1197 square feet.
Key Highlights
- Located in the master‑planned Stonebridge Ranch development.
- Centrally located between multiple hospitals.
- Located in McKinney, TX, one of the fastest‑growing cities in the U.S.
Financial Insights For Healthcare Medical
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 | $28.7k | $24.00 |
| − Vacancy | −$2.9k | −$2.40 |
| EGI | $25.9k | $21.60 |
| − OpEx | −$10.3k | −$8.64 |
| NOI | $15.5k | $12.96 |
1,197 SF · lease $24.00/SF/yr · vacancy 10.00% · expense 40.00%
Alternative Uses
Best Use
Healthcare Medical
$221.6K
$193.9K – $258.6K
NOI $15,513 @ 7.0% cap · market cap 3.24%
Second Best
Office B
$219.7K
$192.2K – $256.3K
NOI $15,377 @ 7.0% cap · market cap 3.21%
Theoretical Best
Office A
$336.5K
$294.5K – $392.6K
NOI $23,557 @ 7.0% cap · market cap 4.92%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
McKinney Neuropsychology, Behavioral ...
Physician
Village Health Partners ...
Medical Clinic
Dr. Scott Wang
Pediatrician
Dallas Sleep
Medical Clinic
Transitions Therapeutic Services ...
Counselor
Similar Off Market Nearby
- Animal Care Center — 2651 S Stonebridge Dr, McKinney, TX 75072
FAQs
What type of property is this?
Medical Office Space - Located in McKinney, near major hospitals and high-income area.
Where is this medical office space located?
The property is located at 7300 Eldorado Pkwy McKinney, TX.
What is the asking price?
The asking price for this property is $478,800.
What are key features of this property?
This property features: Located in the master‑planned Stonebridge Ranch development.; Centrally located between multiple hospitals.; Located in McKinney, TX, one of the fastest‑growing cities in the U.S.
