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5855 Preston Rd - Preston @ Wade Crossing Retail 600 -700 2,791 - 3,328 SF Retail Condo Units Offered at $1,465,275 - $1,747,200 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.
2 Units Available
- Unit
- Unit Size
- Condo Use
- Price
- NOI
| Sale Type | Investment | No. Parking Spaces | 7 |
| Cap Rate | 6.60% |
| Sale Type | Investment |
| Cap Rate | 6.60% |
| No. Parking Spaces | 7 |
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.
| Sale Type | Investment | No. Parking Spaces | 7 |
| Cap Rate | 6.29% |
| Sale Type | Investment |
| Cap Rate | 6.29% |
| No. Parking Spaces | 7 |
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.
| Unit | Unit Size | Condo Use | Price | NOI |
| Unit 600 | 2,791 SF | Retail | $1,465,275 ($525.00/SF) | $96,708.15 |
| Unit 700 | 3,328 SF | Retail | $1,747,200 ($525.00/SF) | $109,824 |
Unit 600
| Unit Size |
| 2,791 SF |
| Condo Use |
| Retail |
| Price |
| $1,465,275 ($525.00/SF) |
| NOI |
| $96,708.15 |
Unit 700
| Unit Size |
| 3,328 SF |
| Condo Use |
| Retail |
| Price |
| $1,747,200 ($525.00/SF) |
| NOI |
| $109,824 |
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Unit 600
| Unit Size | 2,791 SF |
| Condo Use | Retail |
| Price | $1,465,275 ($525.00/SF) |
| NOI | $96,708.15 |
| Sale Type | Investment |
| Cap Rate | 6.60% |
| No. Parking Spaces | 7 |
| Description | |
| Current tenant occupies highly visible, front-facing suites within Building 2 of the project, providing direct exposure to Preston Road.</li></ul> | |
| Sale Notes | |
| Suite 600 is currently leased to Flavor Lounge on a 10-year term.</li></ul> |
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Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
Unit 700
| Unit Size | 3,328 SF |
| Condo Use | Retail |
| Price | $1,747,200 ($525.00/SF) |
| NOI | $109,824 |
| Sale Type | Investment |
| Cap Rate | 6.29% |
| No. Parking Spaces | 7 |
| Description | |
| Current tenant occupies highly visible, front-facing suites within Building 2 of the project, providing direct exposure to Preston Road.</li></ul> | |
| Sale Notes | |
| Suite 700 is currently leased to F45 Training on a 5-year term.</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 | 30,250 SF | Typical Floor Size | 30,250 SF |
| Property Type | Retail | Year Built | 2019 |
| Property Subtype | Storefront | Lot Size | 14.56 AC |
| Building Class | A | Parking Ratio | 2.05/1,000 SF |
| 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 |
| Lot Size | 14.56 AC |
| Parking Ratio | 2.05/1,000 SF |
| 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
Fairly walkable
50/100
Exceptionally drivable
90/100
Fairly bikeable
50/100
Nearby Major Retailers
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Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
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5855 Preston Rd - Preston @ Wade Crossing Retail 600 -700
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