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Custer Rolater Square 15801 Rolater Rd 9,292 SF 100% Leased Retail Building Frisco, TX 75035 $5,026,000 ($540.90/SF) 6.20% Cap Rate



INVESTMENT HIGHLIGHTS
- 100% Leased, 2022 Construction 4-Tenant Retail Center in the Dominant Northern DFW Submarket of Frisco, TX
- Average Rent of $33.54 PSF NNN
- Average Base Lease Term Expiration of September 2032; All Tenants Experience Rent Bumps in Primary Term
- Average HH Income Exceeds $218,200 & $197,400 in a 1- & 3-Mile Radii; 529% Population Growth Since 2000 in a 3-Mile Radius
EXECUTIVE SUMMARY
100% Leased, 9,292 SF, 4-Tenant Retail Center in Frisco, TX | 2022 Construction | Average Lease Term Expiration September 2032
On the Border of Booming & Affluent Submarkets of Frisco & McKinney, TX | Average Household Income Exceeds $218,200 & $197,400 in a 1- & 3-Mile Radii; 529% Population Growth Since 2000 in a 3-Mile Radius
On the Border of Booming & Affluent Submarkets of Frisco & McKinney, TX | Average Household Income Exceeds $218,200 & $197,400 in a 1- & 3-Mile Radii; 529% Population Growth Since 2000 in a 3-Mile Radius
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront Retail/Office
Building Size
9,292 SF
Building Class
B
Year Built
2022
Price
$5,026,000
Price Per SF
$540.90
Cap Rate
6.20%
NOI
$311,645
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Zoning
Commercial
Parking
45 Spaces (4.84 Spaces per 1,000 SF Leased)
Frontage
383’ on Rolater Road
AMENITIES
- 24 Hour Access
- Restaurant
- Signage
- Monument Signage
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | R-12856-000-0030-1 | Improvements Assessment | $3,430,253 |
| Land Assessment | $613,530 | Total Assessment | $4,043,783 |
PROPERTY TAXES
Parcel Number
R-12856-000-0030-1
Land Assessment
$613,530
Improvements Assessment
$3,430,253
Total Assessment
$4,043,783
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Custer Rolater Square | 15801 Rolater Rd
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