15801 Rolater Rd - Storefront Retail/Office FOR SALE


Frisco, TX 75035
$4,931,000 USD
214-960-2835
15801 Rolater Rd, Frisco, TX for Sale
$4,931,000 USD
Storefront Retail/Office - FOR SALE
1/4
null | 6.35% Cap Rate

15801 Rolater Rd
Frisco, TX 75035


HIGHLIGHTS

  • 100% Leased, 2022 Construction 4-Tenant Retail Center in the Dominant Northern DFW Submarket of Frisco, TX
  • Average Base Lease Term Expiration of September 2032; All Tenants Experience Rent Bumps in Primary Term
  • Average Rent of $33.54 PSF NNN
  • Average HH Income Exceeds $218,200 & $197,400 in a 1- & 3-Mile Radii; 529% Population Growth Since 2000 in a 3-Mile Radius
  • Positioned at Custer Rd & Rolater Rd (58,000+ Combined Vehicles Per Day); Proximity to HWY 121 (163,200+ VPD)
  • Adjacent to The Grove +/- 2,000 Single Family Lots with Homes Priced $478K-$870K & Hunters Creek - 850 Homes, Median List Price $714K

OVERVIEW

100% Leased, 9,292 SF, 4-Tenant Retail Center in Frisco, TX | 2022 Construction | Average Lease Term Expiration September 2032. On the Border of Booming & Affluent Submarkets of Frisco & McKinney, TX | Average Household Income Exceeds $218,200 & $197,400 in a 1- & 3-Mile Radii; 529%. Population Growth Since 2000 in a 3-Mile Radius. Positioned at Custer Rd & Rolater Rd (58,000+ Combined Vehicles Per Day); Proximity to Highway 121 (163,200+ VPD); Dense Retail Corridor with 2.2MM+ SF of Retail GLA in a 2-Mile Radius & 150K+ SF Under Construction. Frisco Ranked #3 Fastest Growing City in the U.S. (Fortune 2024) | McKinney Ranked #1 Real Estate Market in the U.S. (WalletHub 2024). Adjacent to The Grove +/- 2,000 Single Family Lots with Homes Priced $478K-$870K; Hunters Creek - 850 Homes, Median List Price $714k & Richwoods - 1,600 Homes, Median List Price $1.098MM. Neighboring TPC Craig Ranch; 18-Hole, Par-72, 7,438-Yard Golf Course Home to CJ Cup Byron Nelson Tournament. Across from Liberty High School of Frisco with 2,080+ Enrollment. Notable Frisco Developments include PGA Headquarters ($550M Development Across 600+ Acres), The Star ($2B+ Headquarters of the Dallas Cowboys) & The Mix ($3B Master-Planned Development over 112 Acres).

FOR SALE DETAILS

PRICE

$4,931,000 USD

PRICE/SF

$531 USD /SF

CAP RATE

6.35%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Custer Rolater Square

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Office

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2022

SPRINKLERS

-

PARKING SPACES

45

LAND DETAILS

LAND ACRES

3.55 AC

LAND SF

154,638 SF

ZONING

Commercial

APN/PARCEL ID

R-12856-000-0030-1

ASK ABOUT THIS PROPERTY

Tim AxilrodSHOP CompaniesMore Info
214-960-2835

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Tim AxilrodSHOP CompaniesMore Info
214-960-2835

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.