16809 Coit Rd - Retail FOR SALE


Frisco, TX 75035
$4,700,000 USD
972-860-9985
16809 Coit Rd, Frisco, TX for Sale
$4,700,000 USD
Retail - FOR SALE
1/2
null | 3.53% Cap Rate

16809 Coit Rd
Frisco, TX 75035


OVERVIEW

Value Add Retail Center on the Corner of 3 of the Fastest Growing Cities in the US – Frisco, McKinney, & Prosper, TX 2023 Class “A” Construction & Pad Site to High Performing Planet Fitness & Adjacent to Future H-E-B NNN Lease with Swadeshi in Place with Built in 3% Annual Rental Escalations and 5,348 SF of Value Add Upside – 2400 SF of 2nd Gen Restaurant and 2,948 SF of Shell Space gives Investor Significant Upside Located at the SWC of Highway 380 & Coit Rd – Over 70,000 Combined Vehicles Per Day on 380 & Coit Average Household Income Over $154,000 in a 3 Mile Radius – More Than 2X the National Average • Booming North Dallas Fort Worth Location – Annual Population Growth of 12.2% in a 1 Mile Radius Since 2010 • Minutes from PGA Brand New Headquarters & Field Development - a $10 Billion Mix Use Project Surrounding National Retailers Include Walmart Supercenter, Kroger, Chick-fil-A, Starbucks, McDonald’s, CVS, Walgreens, Chase Bank, Dunkin’ Donuts, The UPS Store, LA Fitness, FedEx, Smoothie King, Sonic, Jack in the Box & Many More Frisco is Home for Several Corporate Headquarter Offices Including Dallas Cowboys, Bank of America, PepsiCo, McAfee, Toyota, PGA, Frito-Lay, Hewlitt Packard, Capital One Intuit, Fed Ex & Many More

FOR SALE DETAILS

PRICE

$4,700,000 USD

PRICE/SF

$445 USD /SF

CAP RATE

3.53%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

3 Corners Building 7 & 8

PROPERTY TYPE

Retail

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2023

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

-

LAND SF

-

ZONING

-

APN/PARCEL ID

R-12187-00A-0070-1

ASK ABOUT THIS PROPERTY

Hudson LambertSUMMIT REMore Info
972-860-9985

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Hudson LambertSUMMIT REMore Info
972-860-9985

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