3056 Preston Rd | Frisco, TX 75034
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- LoopNet Team
3056 Preston Rd
Frisco, TX 75034
Red Lobster · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- Long-Term, Absolute Triple-Net (NNN) Lease with Approximately 18.75 Years Remaining on the Base Term | 2.00% Annual Rental Escalations
- Phenomenal Population Density (Nearly 300K in Five Miles) With an Average Household Income of Over $173,000 | Ideal Local Demographics for this Proper
- Trophy Location in Frisco’s Retail Cluster | 1.70 Acre Lot | Several Million SF Of Retail and Multifamily Surround the Asset
PROPERTY FACTS
Property Type
Retail
Property Subtype
Restaurant
Building Size
7,087 SF
Building Class
B
Year Built
2001
Tenancy
Single
Building Height
1 Story
Building FAR
0.10
Lot Size
1.70 AC
Zoning
H
Parking
65 Spaces (0 Spaces per 1,000 SF Leased)
Frontage
184’ on Preston Rd
AMENITIES
- Pylon Sign
PROPERTY TAXES
| Parcel Number | R-4509-00A-0040-1 | Improvements Assessment | $1,744,243 |
| Land Assessment | $1,855,650 | Total Assessment | $3,599,893 |
PROPERTY TAXES
Parcel Number
R-4509-00A-0040-1
Land Assessment
$1,855,650
Improvements Assessment
$1,744,243
Total Assessment
$3,599,893
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