425 Old Newman Rd - Medical FOR SALE


Frisco, TX 75036
$1,200,000 USD
979-229-7673
425 Old Newman Rd, Frisco, TX for Sale
$1,200,000 USD
Medical - FOR SALE
1/52
null | Request Cap Rate

425 Old Newman Rd
Frisco, TX 75036


HIGHLIGHTS

  • 3,582 SF Modern Medical Office Built in 2017 with Efficient Clinical Layout and Fire Suppression
  • First-Time Fee Simple Offering, Ideal for Owner-User or Practice Seeking Long-Term Control
  • Reserved On-Site Parking Directly Adjacent to Entry for Patient and Staff Convenience
  • Affluent, Educated Demographic Profile with $146K Median Income and 65 Percent Bachelor’s Degree Attainment
  • Located in Frisco, One of the Nation’s Fastest-Growing Cities, with Proximity to Hospitals and Tollway Access

OVERVIEW

Marcus & Millichap is pleased to present 425 Old Newman Road, Building 6, a rare opportunity to acquire a premium, move-in-ready medical office located in the heart of Frisco, Texas. Built in 2017, this 3,582-square-foot facility is designed with efficiency and quality in mind, featuring a modern medical build-out, full fire-sprinkler system, and dedicated parking directly adjacent to the suite. This is the first-ever fee simple sale of the property, making it ideal for a private practice or a group seeking to secure long-term stability and operational control in one of the most desirable healthcare corridors in North Texas. The asset is located minutes from leading hospitals, master-planned communities, and the Dallas North Tollway, providing outstanding visibility and accessibility for patients and staff alike. Surrounded by exceptional demographics, including a median household income of approximately $146,000 and over 65 percent of adults holding a bachelor’s degree or higher, the practice will benefit from a large, affluent, and rapidly growing population base. This turnkey medical space is ready for immediate occupancy and adaptable for a range of healthcare uses, offering a strategic path for owner-users or investors to establish long-term value in the booming Frisco market.

FOR SALE DETAILS

PRICE

$1,200,000 USD

PRICE/SF

$335 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Owner User

BUILDING DETAILS

PROPERTY NAME

Building 6

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Medical

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

B

YEAR BUILT

2017

SPRINKLERS

-

PARKING SPACES

21

LAND DETAILS

LAND ACRES

2.83 AC

LAND SF

123,275 SF

ZONING

F4

APN/PARCEL ID

R658750,R658751,R715523

ASK ABOUT THIS PROPERTY

Joseph JaquesMarcus & MillichapMore Info
979-229-7673

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Joseph JaquesMarcus & MillichapMore Info
979-229-7673

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