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5855 Preston Rd - Building 2 2,791 - 3,328 SF Retail Condo Units Offered at $1,535,050 - $1,830,400 Per Unit in Frisco, TX 75034
INVESTMENT HIGHLIGHTS
- Located in Frisco’s high-growth corridor with direct frontage on Preston Road, offering excellent visibility and access to affluent consumer traffic.
- Positioned within Building 2 of a vibrant retail center surrounded by complementary tenants including restaurants, wellness, and lifestyle brands.
- F45 Training anchors the fitness offers global brand recognition, enhancing daily traffic and community engagement.
- Fully leased to national fitness brand F45 and upscale dining concept Flavor Lounge, both with long-term NNN leases and strong tenant profiles.
- Flavor Lounge brings a modern Indian fusion experience and nightlife appeal to the area.
- Surrounding demographics include over 325,000 residents within 5 miles and projected growth exceeding 22%, supporting long-term retail demand.
PROPERTY FACTS
| Total Building Size | 30,250 SF | Typical Floor Size | 30,250 SF |
| Property Type | Retail | Year Built | 2019 |
| Property Subtype | Storefront | Tenancy | Single |
| Building Class | A | Lot Size | 14.56 AC |
| Floors | 1 | ||
| Zoning | F-1 - Commercial and Retail | ||
| Total Building Size | 30,250 SF |
| Property Type | Retail |
| Property Subtype | Storefront |
| Building Class | A |
| Floors | 1 |
| Typical Floor Size | 30,250 SF |
| Year Built | 2019 |
| Tenancy | Single |
| Lot Size | 14.56 AC |
| Zoning | F-1 - Commercial and Retail |
AMENITIES
- 24 Hour Access
- Corner Lot
- Dedicated Turn Lane
- Pylon Sign
- Restaurant
- Security System
- Signage
- Signalized Intersection
- Tenant Controlled HVAC
- Wheelchair Accessible
- Storage Space
- Monument Signage
- Air Conditioning
- Smoke Detector
2 UNITS AVAILABLE
Unit 600
| Unit Size | 2,791 SF | Sale Type | Investment |
| Price | $1,535,050 | Cap Rate | 6.30% |
| Price Per SF | $550.00 | NOI | $96,708.15 |
| Condo Use | Retail |
| Unit Size | 2,791 SF |
| Price | $1,535,050 |
| Price Per SF | $550.00 |
| Condo Use | Retail |
| Sale Type | Investment |
| Cap Rate | 6.30% |
| NOI | $96,708.15 |
DESCRIPTION
Current tenant occupies highly visible, front-facing suites within Building 2 of the project, providing direct exposure to Preston Road.
SALE NOTES
Suite 600 is currently leased to Flavor Lounge on a 10-year term.
+1 More
Flavor Lounge Dining Area View
Flavor Lounge Dining Area View 2
Flavor Lounge Dining Area View 3
Flavor Lounge Bar-top Area View
Flavor Lounge Bar Shelving
Suite 600 Floor Plan
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Unit 700
| Unit Size | 3,328 SF | Sale Type | Investment |
| Price | $1,830,400 | Cap Rate | 6.00% |
| Price Per SF | $550.00 | NOI | $109,824 |
| Condo Use | Retail |
| Unit Size | 3,328 SF |
| Price | $1,830,400 |
| Price Per SF | $550.00 |
| Condo Use | Retail |
| Sale Type | Investment |
| Cap Rate | 6.00% |
| NOI | $109,824 |
DESCRIPTION
Current tenant occupies highly visible, front-facing suites within Building 2 of the project, providing direct exposure to Preston Road.
SALE NOTES
Suite 700 is currently leased to F45 Training on a 5-year term.
+8 More
Suite 700 Floor Plan
F45 Training Entrance View
F45 Training Entrance View 2
F45 Training Entrance View 3
F45 Training Entrance Hallway View
F45 Training Entrance Hallway View 2
F45 Training Entrance Hallway View 3
F45 Training Weightlifting Area View 1
F45 Training Weightlifting Area View 2
F45 Training Weightlifting Area View 3
F45 Training Weightlifting Area View 4
F45 Training Weightlifting Area View 5
F45 Training Restroom Facilities
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NEARBY MAJOR RETAILERS
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5855 Preston Rd - Building 2
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