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1120 S Coit Rd - Whispering Gables

6,948 SF Office/Medical Condo Unit Offered at $3,100,000 in Prosper, TX 75078

Investment Highlights

  • Long Term Lease with Cook Children's
  • Exterior natural native Texas limestone, brick and cast stone cladding
  • 600A, 208V, 4 Phased power provided with wireway gutter to tenant meter and connection
  • Building and Monument Signage
  • Metal roof built with UL-90 requirements and 16 year fishing warrant
  • Additional warm shell space, Type II -B -"non Combustible" Construction", steel frame, 12 ft clear to underside, sprinklered, 16-SEER split HVAC

Executive Summary

Whispering Gables is a five building, multi-tenant medical/general office condo park with a synergistic Tenant mix including: Ikids Pediatric Dentistry, Lockhart Matter Dermatology, Zomnir Family Medicine, Action Behavioral Centers and Cook Children’s. For Sale within the park is a 6,948 SF condo located at 1120 S Coit Road in Prosper, TX. Featuring exceptional quality and design, the subject property houses a 2,869 SF outpatient pediatric center with Cook Children’s along with a prime 4,079 SF vacant shell space. This condo offers a fantastic opportunity for an owner/user to locate their practice and enjoy the benefits of additional income from Cook Children’s or an investor looking for a quality medical/general office asset located in the exceptional growing market of Prosper. Whispering Gables encompasses a strong tenant mix along with clean, modern finishes and building signage all in a highly sought after area.

Property Facts

Price $3,100,000
Unit Size 6,948 SF
No. Units 1
Total Building Size 6,948 SF
Property Type Office (Condo)
Property Subtype Medical
Sale Type Investment or Owner User
Building Class A
Floors 1
Typical Floor Size 6,948 SF
Year Built 2020
Lot Size 1.00 AC

1 Unit Available

Unit 100/200

Unit Size 6,948 SF
Price $3,100,000
Price Per SF $446.17
Condo Use Office/Medical
Sale Type Investment or Owner User
Description

Whispering Gables is a five building, multi-tenant medical/general office condo park with a synergistic Tenant mix including: Ikids Pediatric Dentistry, Lockhart Matter Dermatology, Zomnir Family Medicine, Action Behavioral Centers and Cook Children’s. For Sale within the park is a 6,948 SF condo located at 1120 S Coit Road in Prosper, TX. Featuring exceptional quality and design, the subject property houses a 2,869 SF outpatient pediatric center with Cook Children’s along with a prime 4,079 SF vacant shell space.

Sale Notes

This condo offers a fantastic opportunity for an owner/user to locate their practice and enjoy the benefits of
additional income from Cook Children’s or an investor looking for a quality medical/general office asset
located in the exceptional growing market of Prosper. Whispering Gables encompasses a strong tenant mix
along with clean, modern finishes and building signage all in a highly sought after area.

zoning

Zoning Code C (Commercial)
C (Commercial)
  • Listing ID: 33207976

  • Date on Market: 9/17/2024

  • Last Updated:

  • Address: 1120 S Coit Rd, Prosper, TX 75078

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