2601 Little Elm Pkwy Little Elm, TX 75068
This exceptional Class A, 1,225 sq ft office condominium, built in 2023, is ideally situated in Little Elm, Texas, at 2601 Little Elm Parkway, Unit 1601, in Denton County (zip code 75068). The property is located on a 0.028-acre corner lot, offering convenient access and high visibility. Currently vacant, this single-unit space is perfect for a variety of businesses, including medical and traditional office uses. The building features four spacious offices, a reception area, kitchenette, lounge, ample closet space, and a restroom. Four parking spaces are available. The property is zoned for commercial use and offers a Net Lease (NNN) option with a credit-rated tenant requirement. Lease terms are flexible, starting at a minimum of one year and extending to a maximum of five years, with a 10% annual rent increase. The asking price for the property is $430,000, or a monthly NNN lease of $2650 is available. The property's prime location at the intersection of FM 720 & FM 423, near the West Frisco and Little Elm border, provides easy access to amenities such as Kroger. This modern, well-maintained space offers a sophisticated and functional environment for any business seeking a prestigious location.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.