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Investment Highlights

  • Commercial Zoning (not office)
  • Easy access to FM 423
  • One of the most affluent areas of Frisco
  • Next to hike and bike trail
  • Close to many restaurants, shops

Executive Summary

Brand new commercial building, office and some retail uses are allowed. Can combine up to 4 units for 5200 sq ft Historically has been easy to lease, perfect for spa, salon, barbershop, art and dance studios, martial arts, medical or general office

Data Room Click Here to Access

4 Units Available

  • Unit
  • Unit Size
  • Condo Use
  • Price
  • NOI
  • Unit 403
  • 1,280 SF
  • Office/Retail
  • $449,500 ($351.17/SF)
  • -
Sale Type Investment or Owner User
Sale Conditions 1031 Exchange, Building in Shell Condition
Description
Brand new two story Office/Medical building
Some retail uses are allowed like dance and art studios, spas, shops, salons
2 units are downstairs and 1300 sq ft each
Common lobby and retail street doors are available.
Elevator is available

Building is directly exposed to FM 423.
Sale Notes
Cash, financing, 1031 exchange
  • Unit 404
  • 1,270 SF
  • Office/Retail
  • $449,500 ($353.94/SF)
  • -
Sale Type Investment or Owner User
Sale Conditions 1031 Exchange, Building in Shell Condition
Description
Brand new two story Office/Medical building
Some retail uses are allowed like dance and art studios, spas, shops, salons
2 units are downstairs and 1300 sq ft each
Common lobby and retail street doors are available.
Elevator is available
Building is directly exposed to FM 423.
Sale Notes
Cash, financing, 1031 exchange
  • Unit 413
  • 1,270 SF
  • Office/Retail
  • $429,500 ($338.19/SF)
  • -
Sale Type Investment or Owner User
Description
Brand new two story Office/Medical building
Some retail uses are allowed like dance and art studios, spas, shops, salons
2 units are upstairs and 1300 sq ft each
Common lobby and retail street doors are available.
Elevator is available
Building is directly exposed to FM 423.
Sale Notes
Cash, financing, 1031 exchange
  • Unit 414
  • 1,250 SF
  • Office/Retail
  • $429,500 ($343.60/SF)
  • -
Sale Type Investment or Owner User
Sale Conditions 1031 Exchange, Building in Shell Condition
Description
Brand new two story Office/Medical building
Some retail uses are allowed like dance and art studios, spas, shops, salons
2 units are downstairs and 1300 sq ft each
Common lobby and retail street doors are available.
Elevator is available
Building is directly exposed to FM 423.
Sale Notes
Cash, financing, 1031 exchange
Unit Unit Size Condo Use Price NOI
Unit 403 1,280 SF Office/Retail $449,500 ($351.17/SF) -
Unit 404 1,270 SF Office/Retail $449,500 ($353.94/SF) -
Unit 413 1,270 SF Office/Retail $429,500 ($338.19/SF) -
Unit 414 1,250 SF Office/Retail $429,500 ($343.60/SF) -

Unit 403

Unit Size
1,280 SF
Condo Use
Office/Retail
Price
$449,500 ($351.17/SF)
NOI
-

Unit 404

Unit Size
1,270 SF
Condo Use
Office/Retail
Price
$449,500 ($353.94/SF)
NOI
-

Unit 413

Unit Size
1,270 SF
Condo Use
Office/Retail
Price
$429,500 ($338.19/SF)
NOI
-

Unit 414

Unit Size
1,250 SF
Condo Use
Office/Retail
Price
$429,500 ($343.60/SF)
NOI
-

Unit 403

Unit Size 1,280 SF
Condo Use Office/Retail
Price $449,500 ($351.17/SF)
NOI -
Sale Type Investment or Owner User
Sale Conditions 1031 Exchange, Building in Shell Condition
Description
Brand new two story Office/Medical building<br> Some retail uses are allowed like dance and art studios, spas, shops, salons<br> 2 units are downstairs and 1300 sq ft each<br> Common lobby and retail street doors are available. <br> Elevator is available<br> <br> Building is directly exposed to FM 423.</li></ul>
Sale Notes
Cash, financing, 1031 exchange</li></ul>

Unit 404

Unit Size 1,270 SF
Condo Use Office/Retail
Price $449,500 ($353.94/SF)
NOI -
Sale Type Investment or Owner User
Sale Conditions 1031 Exchange, Building in Shell Condition
Description
Brand new two story Office/Medical building<br> Some retail uses are allowed like dance and art studios, spas, shops, salons<br> 2 units are downstairs and 1300 sq ft each<br> Common lobby and retail street doors are available. <br> Elevator is available<br> Building is directly exposed to FM 423.</li></ul>
Sale Notes
Cash, financing, 1031 exchange</li></ul>

Unit 413

Unit Size 1,270 SF
Condo Use Office/Retail
Price $429,500 ($338.19/SF)
NOI -
Sale Type Investment or Owner User
Description
Brand new two story Office/Medical building<br> Some retail uses are allowed like dance and art studios, spas, shops, salons<br> 2 units are upstairs and 1300 sq ft each<br> Common lobby and retail street doors are available. <br> Elevator is available<br> Building is directly exposed to FM 423.</li></ul>
Sale Notes
Cash, financing, 1031 exchange</li></ul>

Unit 414

Unit Size 1,250 SF
Condo Use Office/Retail
Price $429,500 ($343.60/SF)
NOI -
Sale Type Investment or Owner User
Sale Conditions 1031 Exchange, Building in Shell Condition
Description
Brand new two story Office/Medical building<br> Some retail uses are allowed like dance and art studios, spas, shops, salons<br> 2 units are downstairs and 1300 sq ft each<br> Common lobby and retail street doors are available. <br> Elevator is available<br> Building is directly exposed to FM 423.</li></ul>
Sale Notes
Cash, financing, 1031 exchange</li></ul>

Property Facts

The following property facts and amenities apply to the entire building. Details for individual condo units may vary and are listed in the unit information above.
Total Building Size 10,000 SF
Property Type Office
Property Subtype
Medical
  • General Retail Storefront
  • General Retail Storefront Retail/Office
  • General Retail Health Club
Building Class B
Floors 2
Typical Floor Size 5,200 SF
Year Built 2024
Lot Size 3.79 AC
Parking Ratio 1.8/1,000 SF
Zoning Commercial - Commercial, both office and retail uses allowed

Amenities

  • 24 Hour Access
  • Controlled Access
  • Security System
  • Reception
  • Air Conditioning
Fairly walkable
50/100
Very drivable
80/100
Fairly bikeable
50/100

Major Tenant Information Click Here to Access

TENANT SF Occupied LEASE END DATE
Unwind Spa - Jan 0000
  • Listing ID: 31892814

  • Date on Market: 5/22/2024

  • Last Updated:

  • Address: 25663 Smotherman Rd, Frisco, TX 75033

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