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- LoopNet Team
8795 Preston Trace Blvd
Frisco, TX 75033
Office Property For Sale
PROPERTY FACTS
ABOUT 8795 PRESTON TRACE BLVD , FRISCO, TX 75033
Single Tenant 100% occupied with 9 years remaining on primary lease with $1 per foot increase every 5 years. Currently at $20NNN with two five year options for a total of 19 years. Current Tennant Every Dog's Day Spa and Kennel, operates dog kennel and grooming business. Business had been in operation since 2008. Lease has personal guarantee with net worth in excess of $8,000,000. The property is all brick on the exterior with built up roof. Tennant is responsible for Taxes, insurance, and all utilities and interior repairs. Owner responsible for roof and parking lot. Property sale includes building and 1.27 acres of land and property is NOT in a condo association within the shopping center. Annual sales have averaged around $1.1 million per year for the past 5 years. Located in the Preston Chase Shopping Center in the center or dynamic and booming Frisco,Tx at Main St and Preston Road. Three recent large tracts of land in excess of 1,000 acres for mixed use development are within three miles of the property to the west, north and east.
PROPERTY TAXES
| Parcel Number | R-8507-00A-0080-1 | Improvements Assessment | $2,874,556 |
| Land Assessment | $648,173 | Total Assessment | $3,522,729 |
PROPERTY TAXES
