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    OFF-MARKET
    Office Units

    1020 Murphy Rd, Murphy, TX 75094

    2,000 SF 1 ac lot Built 2024
    Entity Owned 1-yr Hold
    Property ID
    US83-0028384
    Property summary
    AI-generated overview

    Brand new, 2,000 square foot retail and office space available for lease in Murphy, Texas, located at 1020 N Murphy Rd, at the hard corner of Murphy Road and Betsy Lane. This development, projected for completion in May 2025, offers flexible options, including multiple suites ranging from 180 to 2,000 contiguous square feet. The property is situated on one acre of land in the Murphy/Wylie submarket of Collin County (zip code 75094). Ideal for various uses, including executive offices, coworking spaces, medical offices, and creative offices. Smaller suites (approximately 180 sq ft) are available on a month-to-month basis, with an all-inclusive rate of $1,200 per month, covering rent, expenses, and fees. A veterinary clinic has already leased 3,000 square feet in the building. This presents a unique opportunity to secure space in a new, well-located development. Inquire today for leasing details and availability.

    Property profile
    Verified
    Property type Office Units
    Year built 2024
    Total area 2,000 SF
    Lot 1 ac (43,560 SF)
    UPID US83-0028384
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
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    Blend (final) Blend
    by Request
    Owner & transaction history
    Kenny Lindsey LLC · 1 yrs held
    Kenny Lindsey LLC
    since 2024
    2 recorded transactions
    2024
    2024
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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