130 Preston Rd Prosper, TX 75078-9808
This exceptional Class A office building, totaling 4,852 square feet, presents a compelling investment opportunity in the rapidly growing city of Prosper, Texas. Located at 130 S Preston Rd, 75078, this single-story, 2022-built property boasts a 100% occupancy rate with a strong corporate-guaranteed tenant under a NNN lease with rent bumps. The current lease commenced May 4, 2022, and has a remaining term of 7.5 years, expiring May 31, 2032. The property generates a substantial net operating income (NOI) of $163,360, yielding a 6.28% cap rate. The asking price is $2,600,000, translating to $535.86 per square foot. This investment offers a stable income stream with significant upside potential in a thriving Collin County market. The property is suitable for executive, medical, or traditional office uses. The building's modern design and amenities cater to the needs of discerning tenants. This is a rare opportunity to acquire a fully occupied, high-quality asset in one of North Texas' most desirable locations. The property's prime location in Prosper ensures excellent visibility and accessibility, benefiting from the area's robust economic growth and business-friendly environment.
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Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2022Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.