Listed by Dosch Marshall Real Estate
Unpriced
Commercial Development Opportunity Off Teel Road
Details
APN R662264
Property Type Retail, Office
Sub Type Restaurant, Medical Office
Square Footage 121,532
Tenancy Vacant
Acreage 2.790
Zoning PD-130 Allowing for Office Uses
Investment Type Redevelopment
Ground Lease No
Commercial Development Opportunity in Frisco
Marketing description
Strategically located near Texas Health Frisco, this site is poised to capitalize on a massive healthcare "gravity effect." Since its 2019 debut, the hospital has invested over $50M in expansions, continuously adding beds and specialty suites. This rapid growth creates a permanent demand for outpatient medical space within a 3-mile radius to support the specialists, imaging, and therapy centers trailing the hospital's expansion. By sitting at the crossroads of the Fields development and established neighborhoods, this site captures the perfect synergy: a high-growth residential patient base paired with the powerful referral engine of a major hospital.
Investment highlights
- Zoning: PD-O-1; Planned Development, Office-1 (Frisco Ordinance No. 14-05-28)
- Permitted by right (base O-1 district): Professional and medical office, general office, financial services, personal services, daycare, religious facilities, government facilities
- Additional uses permitted by right under this PD: Restaurant: sit-down only, no drive-thru or drive-in. Outdoor seating required (minimum 10% of gross floor area); Gymnastics & Dance Studio
- Eldorado Parkway: ±50,012 VPD
- Teel Parkway: ±14,674 VPD
- Walgreens, Kroger, Sprouts, Tom Thumb
- Texas Health Frisco + UT Southwestern Frisco
- Fields West Urban Village
- Omni PGA Frisco Resort & Spa
- Universal Kids Resort
- The Star + Hall Park (Keurig Dr Pepper, Dallas Cowboys)
- Fields will deliver 2,400+ residences within 1 mile, generating sustained demand for nearby professional and medical services
- Large-scale relocations to north Frisco signal structural, committed office demand at established infill intersections in this corridor
- Texas Health Frisco is actively expanding (seventh floor buildout, 30 new rooms by fall 2026)
Listing Contacts
Listed by Dosch Marshall Real Estate
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