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Prestonwood Polo Crossing Phase 1 FM 270 10,875 SF 100% Leased Retail Building Oak Point, TX 75068 $7,689,400 ($707.07/SF) 5% Cap Rate



Executive Summary
100% leased Starbucks anchored center built in 2023, with rent bumps in super high-growth area
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Storefront
Building Size
10,875 SF
Building Class
B
Year Built
2023
Price
$7,689,400
Price Per SF
$707.07
Cap Rate
5%
NOI
$384,470
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.15
Lot Size
1.68 AC
Zoning
F1 - Commercial
Frontage
418’ on FM 720
Somewhat walkable
20/100
Exceptionally drivable
100/100
Fairly bikeable
40/100
Property Taxes
| Parcel Number | R1009557 | Improvements Assessment | $2,797,061 |
| Land Assessment | $1,102,939 | Total Assessment | $3,900,000 |
Property Taxes
Parcel Number
R1009557
Land Assessment
$1,102,939
Improvements Assessment
$2,797,061
Total Assessment
$3,900,000
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Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
Contact the Sale Advisor
Prestonwood Polo Crossing Phase 1 | FM 270

