12020 Teel Pky - Freestanding FOR SALE
Frisco, TX 75033 |
12020 Teel Pky
Frisco, TX 75033
HIGHLIGHTS
- 12020 Teel Parkway, a retail asset fully leased to Tulia Patisserie & Café, Local Barber Co, Palmercare Chiropractic, & Frisco’s Premier Orthodontics.
- Situated on a 1.14-acre corner lot at the signalized intersection Eldorado Parkway and Teel Parkway with traffic counts of over 30,000 VPD.
- Retail space in the Frisco submarket has risen 34% since 2010, but the incredible demand has kept vacancy rates suppressed around 3%.
- Average household income of $170,173 per year contributes to $826 million in annual consumer spending within only a 2-mile radius.
- Tap into a rapidly growing area, from 2010 to 2023, the number of households within a 5-mile radius grew by approximately 116%.
FOR SALE DETAILS
PRICE
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CAP RATE
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% LEASED
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TENANCY
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BUILDING DETAILS
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Freestanding
TOTAL BUILDING SIZE
7575
STORIES
1
YEAR BUILT
2018
SPRINKLERS
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PARKING SPACES
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LAND DETAILS
LAND ACRES
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LAND SF
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ZONING
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APN/PARCEL ID
R633091
