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10050 Legacy Dr
Frisco, TX 75033
Legacy Retail · Retail Property For Sale
Investment Highlights
- 21,391SF Neighborhood Retail Center at the Entrance to the +/-$3B Railhead Development in the Booming & Affluent Submarket of Frisco, TX (DFW)
- Thriving Retail Trade Area with Over 3.4MM SF of Retail GLA in a 2-Mile Radius
- Average Household Income Exceeds $175,300 & $186,100 in a 1 & 3 Mile Radius, Respectively
- Below-Market Rents of $28.17 PSF NNN; Comparable Retail Space in the Area is Leasing in the High $30’s to $40’s PSF NNN
- Average Base Lease Term Expiration of February 2028 with Three (3) of Five (5) Tenants Experiencing Rent Bumps During Primary Term
- Median Home Prices for Adjacent Neighborhoods are $1,MM+ at Shaddock Creek Estates and $840,000 at Heather Ridge Estates
Property Facts
Property Type
Retail
Property Subtype
Building Size
21,391 SF
Building Class
B
Year Built
2016
Percent Leased
86%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.37
Lot Size
1.31 AC
Zoning
C-1 - Commercial Uses
Frontage
318’ on Legacy Drive
Amenities
- Signage
- Air Conditioning
Property Taxes
| Parcel Number | R580328 | Improvements Assessment | $5,054,421 |
| Land Assessment | $1,675,579 | Total Assessment | $6,730,000 |
Property Taxes
Parcel Number
R580328
Land Assessment
$1,675,579
Improvements Assessment
$5,054,421
Total Assessment
$6,730,000
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