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Retail Strip Center (NNN Investment) 7875 Custer Rd 8,006 SF 100% Leased Retail Building Frisco, TX 75035 $4,875,000 ($608.92/SF) 6.24% Cap Rate
INVESTMENT HIGHLIGHTS
- Brand New Strip Center in Prime Frisco Location
- 100% leased out
- NNN leased Investment Property
EXECUTIVE SUMMARY
Brand New Retail Strip Center in Frisco, TX.
8,006 sqft building on 1 acre lot.
Prime location on Custer Rd in Frisco, with full frontage on Custer Rd.
Fully leased out.
3 Retails Suites of approx. 4,512 sqft, 2,518 sqft & 976 sqft.
7-10 yr. NNN lease @38/sqft base rent and 2% rent escalation annually. $10/sqft NNN approx.
Two 5yr lease extensions.
6.25% Cap Rate with $304,000 approx. NOI annually.
High-income Demographic area with $195,000+ avg income in the 1-mile radius.
8,006 sqft building on 1 acre lot.
Prime location on Custer Rd in Frisco, with full frontage on Custer Rd.
Fully leased out.
3 Retails Suites of approx. 4,512 sqft, 2,518 sqft & 976 sqft.
7-10 yr. NNN lease @38/sqft base rent and 2% rent escalation annually. $10/sqft NNN approx.
Two 5yr lease extensions.
6.25% Cap Rate with $304,000 approx. NOI annually.
High-income Demographic area with $195,000+ avg income in the 1-mile radius.
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Building Size
8,006 SF
Building Class
B
Year Built
2025
Price
$4,875,000
Price Per SF
$608.92
Cap Rate
6.24%
NOI
$304,228
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.18
Lot Size
1.00 AC
Zoning
Commercial - Commercial
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | R-11776-00A-0010-1 | Improvements Assessment | $5,161,844 |
| Land Assessment | $1,849,819 | Total Assessment | $7,011,663 |
PROPERTY TAXES
Parcel Number
R-11776-00A-0010-1
Land Assessment
$1,849,819
Improvements Assessment
$5,161,844
Total Assessment
$7,011,663
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Retail Strip Center (NNN Investment) | 7875 Custer Rd
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