Listed by SRS National Net Lease Group, SRS Real Estate Partners San Diego
Unpriced
The Heights at Frisco - Frisco, TX
Details
Property Type Retail
Sub Type Restaurant, Storefront
Square Footage 10,440
NOI $471,100
Occupancy 100%
Tenancy Multi
Lease Type NNN
Lease Term 10
Remaining Term 10
Rent Bumps Yes
Lease Options Yes
Year Built 2025
Buildings 1
Acreage 1.720
Parking Spaces 71 spaces
Parking Per SqFt 6.80
Investment Type Net Lease
Tenant Credit Corporate Guarantee
Ground Lease No
A+ Frisco Development | 2025 Construction | 5% Annual Bumps | 10 Year Leases
Investment highlights
New Two-Tenant Strip | 100% Occupied | NNN Leases | Fee Simple Ownership
- Opportunity to acquire a new construction MedVet & Black Rock Coffee strip center located in Frisco Texas (Dallas/Fort Worth MSA)
- The 100% occupied building features tenants operating under NNN leases, limiting expense obligations for a future investor
- MedVet averages ~5% annual increases in their base term
Strategic Location | DFW MSA
- Frisco High School, situated on Stonebrook Parkway, just off the Dallas North Tollway, across the street from with approximately 2,000 students enrolled
- Just south of a newly proposed 17-acre commercial development, The Heights at Frisco, including a 60,000 SF, 115 unit hotel; medical office; and multiple retail tenants
- The Star in Frisco, 2 miles north of a 91-acre campus home to the Dallas Cowboys world headquarters and practice facility, more than 35 restaurants, shops and specialty services. The Star attracts approximately 4 million visitors annually, and is a significant draw for tourism in Frisco, with events like the Academy of Country Music Awards and Big 12 Pro Day contributing to the city’s overall tourism economy.
- Grand Park, across Dallas North Tollway from a sprawling 1,011-acre world-class urban oasis featuring 39 acres or adventure play space, a 78 acre botanic garden and nature area, a 46 acre sports park and a 37 acre nature center. Grand Park will be a major regional destination for fitness, wellness, respite and activity that celebrates the diversity of Frisco's culture and will be larger than NYC's Central Park
- Universal Kids Resort, 4.5 miles south of a new 32-acre theme park and entertainment resort opening in 2026 with 7 different themed lands and a 300-room hotel
- 2 miles west of Lebanon Trail High School (~2,110 students)
- 2.5 miles west of Collin College Frisco Campus (~17,000 students)
- 3 miles north of Stonebriar Centre, a 1.7 million square foot super-regional shopping mall anchored by Macy’s, Nordstrom, JCPenney and Dillards
- The Dallas-Fort Worth metropolitan statistical area is the most populous MSA in the state of Texas and the Southern US, encompassing 11 counties, and is the economic and cultural hub of North Texas
Surrounding Corporate Headquarters Located in Frisco
- Dallas Cowboys
- Public Storage
- PGA of America
- TIAA
- T-Mobile USA
Prime Visibility & Access | Ample Parking
- Over 28,600 cars passing the site each day on Stonebrook Parkway (VPD)
- Sits at the entrance to Dallas North Tollway with over 102,700 VPD
- 2 Ingress/Egress access points & ADA compliant access options
- Robust parking ratio with 6.8 stalls per 1,000 square feet of leasable area
New 2025 Construction
- Newly constructed building in 2025, with existing building warranties
- Expensive steel framing and built on solid limestone bedrock
Diversified Tenant Mix
- Dynamic mix of Retail and Service based tenants with high level of E-Commerce Resistance
Flexible Space
- The 2 suites range in size from 2,140 – 8,300 SF – highly attractive and adaptable to a variety of tenants/uses
Robust Demographics
- Densely populated and affluent trade area with approximately 291,500 residents and 159,100 employees within a 5 mile radius with an average household income over $186,500, projected to increase to over $197,730 by 2030
Tax-Free State
- Texas is an income tax-free state
Listing Contacts
Listed by SRS National Net Lease Group, SRS Real Estate Partners San Diego
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Loan Amount
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Annual Debt Service
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Annual Cash Flow
$471,100.00
$39,258.33/mo
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Zoning
C-1 CommercialGeneral CommercialCommercial 1 District
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View all 176 uses Last updated May 25, 2026 For deeper zoning details, reports are available at Zoneomics
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