25691 Smotherman Rd - Storefront CONDO FOR SALE


Frisco, TX 75033
$750,000 USD
214-215-6893
25691 Smotherman Rd, Frisco, TX for Sale
$750,000 USD
Storefront CONDO - FOR SALE
1/14
null | 5.4% Cap Rate

25691 Smotherman Rd
Frisco, TX 75033


HIGHLIGHTS

  • Tenant Massage/Spa (exclusive)
  • Lease Term 10 Year (2033)
  • Pro. CAP (2032) 6.6%

OVERVIEW

Rare opportunity to own a road-front retail condo in one of the fastest-growing and most affluent markets in North Texas. Positioned for strong visibility and long-term appreciation. Exclusive right to operate a massage business within the plaza, Protects tenant revenue and long-term stability; Competitive moat within the center. Current 10-Year NNN Lease; Lease expiration: 2033; Established massage operator in place; Minimal landlord responsibilities. True passive income structure. Offered at 5.4% CAP Rate, 3% Annual Rental Increases, Projected to reach approximately 6.6% CAP Rate by year-end (based on escalations), Long-term stable cash flow, Ideal for 1031 exchange or passive investors. Strong demographic growth in Frisco, Medical / wellness retail demand continues to expand, Inflation-protected income via annual escalations, Limited inventory of road-front retail condos available, Below replacement cost investment opportunity

FOR SALE DETAILS

PRICE

$750,000 USD

PRICE/SF

$626 USD /SF

CAP RATE

5.4%

# OF UNITS

1

CONDO SIZE

-

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront

TOTAL BUILDING SIZE

18,072 SF

STORIES

1

BUILDING CLASS

B

YEAR BUILT

2022

SPRINKLERS

-

PARKING SPACES

35

LAND DETAILS

LAND ACRES

1.13 AC

LAND SF

49,223 SF

ZONING

Commercial

APN/PARCEL ID

R1012787,R658793

ASK ABOUT THIS PROPERTY

Robert HanGolden RealtyMore Info
214-215-6893

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Robert HanGolden RealtyMore Info
214-215-6893

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