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16809 Coit Rd
Frisco, TX 75035
3 Corners Building 7 & 8 · Retail Property For Sale
Executive Summary
Value Add Retail Center on the Corner of 3 of the Fastest Growing Cities in the US – Frisco, McKinney, & Prosper, TX
2023 Class “A” Construction & Pad Site to High Performing Planet Fitness & Adjacent to Future H-E-B
NNN Lease with Swadeshi in Place with Built in 3% Annual Rental Escalations and 5,348 SF of Value Add Upside – 2400 SF of 2nd Gen Restaurant and 2,948 SF of Shell Space gives Investor Significant Upside
Located at the SWC of Highway 380 & Coit Rd – Over 70,000 Combined Vehicles Per Day on 380 & Coit
Average Household Income Over $154,000 in a 3 Mile Radius – More Than 2X the National Average • Booming North
Dallas Fort Worth Location – Annual Population Growth of 12.2% in a 1 Mile Radius Since 2010 • Minutes from PGA Brand New Headquarters & Field Development - a $10 Billion Mix Use Project
Surrounding National Retailers Include Walmart Supercenter, Kroger, Chick-fil-A, Starbucks, McDonald’s, CVS, Walgreens, Chase Bank, Dunkin’ Donuts, The UPS Store, LA Fitness, FedEx, Smoothie King, Sonic, Jack in the Box & Many More
Frisco is Home for Several Corporate Headquarter Offices Including Dallas Cowboys, Bank of America, PepsiCo, McAfee, Toyota, PGA, Frito-Lay, Hewlitt Packard, Capital One Intuit, Fed Ex & Many More
2023 Class “A” Construction & Pad Site to High Performing Planet Fitness & Adjacent to Future H-E-B
NNN Lease with Swadeshi in Place with Built in 3% Annual Rental Escalations and 5,348 SF of Value Add Upside – 2400 SF of 2nd Gen Restaurant and 2,948 SF of Shell Space gives Investor Significant Upside
Located at the SWC of Highway 380 & Coit Rd – Over 70,000 Combined Vehicles Per Day on 380 & Coit
Average Household Income Over $154,000 in a 3 Mile Radius – More Than 2X the National Average • Booming North
Dallas Fort Worth Location – Annual Population Growth of 12.2% in a 1 Mile Radius Since 2010 • Minutes from PGA Brand New Headquarters & Field Development - a $10 Billion Mix Use Project
Surrounding National Retailers Include Walmart Supercenter, Kroger, Chick-fil-A, Starbucks, McDonald’s, CVS, Walgreens, Chase Bank, Dunkin’ Donuts, The UPS Store, LA Fitness, FedEx, Smoothie King, Sonic, Jack in the Box & Many More
Frisco is Home for Several Corporate Headquarter Offices Including Dallas Cowboys, Bank of America, PepsiCo, McAfee, Toyota, PGA, Frito-Lay, Hewlitt Packard, Capital One Intuit, Fed Ex & Many More
Property Facts
Sale Type
Investment
Property Type
Retail
Building Size
10,550 SF
Year Built
2023
Price
$5,500,000
Price Per SF
$521.33
Cap Rate
3.02%
NOI
$165,931
Percent Leased
100%
Building Height
1 Story
Property Taxes
| Parcel Number | R-12187-00A-0070-1 | Improvements Assessment | $3,597,578 |
| Land Assessment | $1,543,895 | Total Assessment | $5,141,473 |
Property Taxes
Parcel Number
R-12187-00A-0070-1
Land Assessment
$1,543,895
Improvements Assessment
$3,597,578
Total Assessment
$5,141,473
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