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16599 FM 423
Frisco, TX 75033
Black Rifle Coffee - SWC FM 423 & US Hwy 380 · Retail Property For Sale

INVESTMENT HIGHLIGHTS

  • Brand New 2023 Construction with New 20-Year Corporate Ground Lease Backed by Authentic Brands LLC
  • Three 5-Year Renewal Options With 10.00% Increases
  • Zero Landlord Responsibility and Secure Revenue Stream Within an Income Tax-Free State - Perfect for a 1031 Exchange or Passive Investor
  • 10.00% Increases Every Five-Years Through the Primary and Option Terms
  • Shadow-Anchored by New HEB (June 2023 start and est. Q4 2024 completion), the Most Sought After Retailer and Traffic Generator in the Nation
  • Strategic Location at the “Four Corners” Intersection (Highway 380 & FM 423) - The Most Coveted Retail Corridor in the DFW Metroplex

PROPERTY FACTS

Property Type
Retail
Building Size
2,700 SF
Year Built
2023
Tenancy
Single
Building Height
1 Story
Building FAR
0.07
Lot Size
0.86 AC
Zoning
C2
Frontage
134’ on FM 423

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
R696993
Land Assessment
$923,472
Improvements Assessment
$833,094
Total Assessment
$1,756,566
  • Listing ID: 29619590

  • Date on Market: 9/25/2023

  • Last Updated:

  • Address: 16599 FM 423, Frisco, TX 75033

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