12020 Teel Pky | Frisco, TX 75033
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- LoopNet Team
12020 Teel Pky
Frisco, TX 75033
Retail Property For Sale
INVESTMENT HIGHLIGHTS
- 12020 Teel Parkway, a retail asset fully leased to Tulia Patisserie & Café, Local Barber Co, Palmercare Chiropractic, & Frisco’s Premier Orthodontics.
- Retail space in the Frisco submarket has risen 34% since 2010, but the incredible demand has kept vacancy rates suppressed around 3%.
- Tap into a rapidly growing area, from 2010 to 2023, the number of households within a 5-mile radius grew by approximately 116%.
- Situated on a 1.14-acre corner lot at the signalized intersection Eldorado Parkway and Teel Parkway with traffic counts of over 30,000 VPD.
- Average household income of $170,173 per year contributes to $826 million in annual consumer spending within only a 2-mile radius.
PROPERTY FACTS
Property Type
Retail
Property Subtype
Freestanding
Building Size
7,575 SF
Building Class
B
Year Built
2018
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.15
Lot Size
1.14 AC
Zoning
Commercial
Frontage
151’ on Eldorado Pky
AMENITIES
- Signage
- Air Conditioning
PROPERTY TAXES
| Parcel Number | R633091 | Improvements Assessment | $1,963,520 |
| Land Assessment | $1,437,480 | Total Assessment | $3,401,000 |
PROPERTY TAXES
Parcel Number
R633091
Land Assessment
$1,437,480
Improvements Assessment
$1,963,520
Total Assessment
$3,401,000
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