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14688 State Highway 121 1,601 SF Office/Medical Condo Unit Offered at $854,000 in Frisco, TX 75035
Investment Highlights
- Fully leased medical office investment
- Strong surrounding tenant mix and professional environment
- Prime Highway 121 and Independence Parkway location
Executive Summary
The property is 100% leased to an established medical tenant, with a new 5-year lease extension currently in progress, providing investors with stable cash flow and long-term income security. This turnkey investment is ideal for passive investors seeking reliable returns in a high-growth, healthcare-driven market. The suite features a functional and efficient layout, including a reception area, two private offices, a large conference room, bullpen workspace, and two restrooms. The unit also includes high-quality finish-out, best-in-class construction, and fixtures, furniture, and equipment. Strategically positioned with direct access to Highway 121 and the Dallas North Tollway, the property benefits from strong demographics, continued population growth, and proximity to major healthcare providers, retail centers, and residential communities.
Data Room Click Here to Access
Property Facts
| Total Building Size | 6,000 SF | Typical Floor Size | 6,000 SF |
| Property Type | Office (Condo) | Year Built | 2017 |
| Property Subtype | Medical | Lot Size | 0.91 AC |
| Building Class | B | Parking Ratio | 6.16/1,000 SF |
| Floors | 1 | ||
| Zoning | Commercial - Professional / Dental / Medical Uses | ||
| Total Building Size | 6,000 SF |
| Property Type | Office (Condo) |
| Property Subtype | Medical |
| Building Class | B |
| Floors | 1 |
| Typical Floor Size | 6,000 SF |
| Year Built | 2017 |
| Lot Size | 0.91 AC |
| Parking Ratio | 6.16/1,000 SF |
| Zoning | Commercial - Professional / Dental / Medical Uses |
Amenities
- 24 Hour Access
- Signage
- Kitchen
- Reception
- Central Heating
- Natural Light
- Plug & Play
- Wi-Fi
- Monument Signage
- Air Conditioning
1 Unit Available
Unit 130
| Unit Size | 1,601 SF | Sale Type | Investment |
| Price | $854,000 | Cap Rate | 6.10% |
| Price Per SF | $533.42 | NOI | $52,129 |
| Condo Use | Office/Medical |
| Unit Size | 1,601 SF |
| Price | $854,000 |
| Price Per SF | $533.42 |
| Condo Use | Office/Medical |
| Sale Type | Investment |
| Cap Rate | 6.10% |
| NOI | $52,129 |
Description
Excellent opportunity to acquire a fully leased, income-producing medical office condo in one of the most desirable commercial corridors in Frisco, Texas. Built in 2017, this 1,600 SF professional suite is located within a modern office park at the signalized intersection of State Highway 121 and Independence Parkway, offering exceptional visibility and accessibility.
Sale Notes
- Fully leased medical office investment
- Approx. 1,600 SF built in 2017
- Prime Highway 121 and Independence Parkway location
- Modern construction with high-quality finish-out
- Excellent visibility with signage opportunities
- Strong surrounding tenant mix and professional environment
- Easy access to Dallas North Tollway and major growth corridors
Ideal passive investment in a high-demand medical market
Contact the broker for financials, lease details, and offering information.
Floor Plan 3
NNN Tenant Information Click Here to Access
| TENANT | SF Occupied | LEASE END DATE |
|---|---|---|
| Airrosti |
-
|
Jan 0000
|
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14688 State Highway 121
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