Listed by SHOP Companies Dallas
$11,969,000
Main Street Crossing
Details
Property Type Retail
Sub Type Storefront
Square Footage 24,034
Units 11
Cap Rate 6%
NOI $718,186
Occupancy 100%
Tenancy Multi
Brand/Tenant Bluefin, Smoke Art
Lease Type NNN
Remaining Term 4
Rent Bumps Yes
Price per SqFt $498
Year Built 2018
Buildings 1
Acreage 2.880
Main Street Crossing | Affluent DFW Submarket | 24,034 SF | (Frisco, TX)
Marketing description
- 24,034 SF, 100% Leased Neighborhood Retail Center in Frisco, TX | 2018 Construction | Average Lease Term Expiration of May 2030 | Average Rents of $29.88 PSF
- Located in the Affluent, High-Growth DFW Submarket of Frisco, TX | Average Household Income Exceeds $192,800 & $192,600 in a 1- & 3-Mile Radii, Respectively| 2,069% Population Increase in a 3-Mile Radius Since 2000
Investment highlights
- Complementary Tenant Mix with KIDSUNITED, Core Dentistry, May Foot Spa, Abhiruchi, Cleopatra Beauty Lounge, D’Xquisite Cuisine & Lounge, Domino’s Pizza, J Hair Studio, My Fit Med, Smoke Art, & Bluefin (11 Tenants); 8/11 Tenants Experience Rent Bumps
- Parallel Positioning to Main Street at its Intersection with FM 423 (80,300+ Combined VPD); Proximity to Dallas North Tollway (116,600+ VPD)
- Strong Fundamentals Located on a +/- 2.88-Acre Parcel, Three (3) Patios & Multiple Ingress/Egress Points, Double-Sided Monument Sign
- Neighboring National Tenant Retailers Include H-E-B, Super Target, Petco, BestBuy, Costco Wholesale, Wells Fargo, Bank of America, Chick-fil-a, Ulta Beauty, & Market Street Amongst Others
- Located in a Dense Retail Trade Area with 1.7M+ SF of Retail GLA in a 2-Mile Radius
- Frisco Ranked in 2024 as the #3 Fastest Growing City in the U.S. (Fortune) & #1 Best Place to Live for Families in Texas (Fortune)
- Notable Nearby Traffic Drivers Include H-E-B, Toyota Stadium, Downtown Frisco Square & Frisco Railhead Project: Proposed $3B, 80-Acre Mixed-Use Development
- Minutes from $12.7 Billion Fields Master Planned Community; Anticipated 5,000 Single Family Residences, 8,500 Multifamily Units & 18M+ SF of Commercial GLA Upon Completion
- Median Home Prices for Adjacent Neighborhoods are $1MM+ at Shaddock Creek Estates & $840,000 at Heather Ridge Estates
Listing Contacts
Listed by SHOP Companies Dallas
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Loan Amount
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Annual Debt Service
$--
$--
Annual Cash Flow
$718,186.00
$59,848.83/mo
Valuation Metrics
0
DSCR
6%
Cap Rate
6%
ROI
Map
Zoning
R/PD-225 PlannedRetail District Planned Development
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View all 89 uses Last updated May 25, 2026 For deeper zoning details, reports are available at Zoneomics
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