Preston @ Wade Crossing Retail
5855 Preston Road, Frisco, TX 75034
Marketing description
Flavor Lounge and F45 Training
This two-tenant investment sits within Preston @ Wade Crossing, a five-building retail center totaling roughly 82,370 square feet. Just west of the retail component is Preston @ Wade Crossing Office Park — a 13-building professional and medical office development spanning about 67,000 square feet. Together, the retail and office parks create a built-in customer base and steady daytime traffic, supporting the long-term stability of both tenants.
Set along Preston Road, one of Frisco's most established and high-traffic commercial corridors, the property offers modern construction, spacious layouts, and excellent visibility. The surrounding area combines established neighborhoods with national retailers and a strong mix of medical and office users, driving consistent daily activity. With quality tenancy in place, Preston @ Wade Crossing Retail Suites 600 and 700 are well positioned to deliver stable, long-term value for investors.
SUITE 600 | FLAVOR LOUNGE
Flavor Lounge is an upscale Indian kitchen and bar that has quickly become a local favorite in Frisco. Completed in 2023, the space features a modern build-out with high-quality finishes and a fully equipped kitchen, minimizing near-term capital expenditures for ownership. The tenant operates under a 10-year NNN lease with two five-year renewal options, providing consistent cash flow and long-term stability. With a loyal customer base and steady growth, Flavor Lounge enhances the property’s strength as part of a lifestyle driven retail center.
SUITE 700 | F45 TRAINING
F45 Training is a global fitness brand known for its high-intensity group workouts and strong community focus. The Frisco studio opened in 2022 with a custom build-out designed to meet the tenant’s operational standards. The tenant is secured under a five-year NNN lease with a renewal option, providing predictable income and stable occupancy. As demand for health and wellness continues to rise, F45 drives consistent daily traffic and complements the property’s experience-oriented tenant mix.
Investment highlights
- Flavor Lounge is a high-end Indian kitchen and bar that opened in 2023 with a modern build-out and upscale finishes. The restaurant has quickly developed a following in Frisco's dining scene and is secured by a 10-year NNN lease with renewal options, offering investors long-term stability.
- F45 Training, a global fitness brand known for its high-intensity group workouts, opened its Frisco location in 2022. The suite was customized to the tenant's concept, reducing landlord exposure to future capital needs. Backed by a strong international brand and a loyal local membership base, F45 provides steady daily traffic and complements the restaurant use next door.
- Together, these tenants create a balanced mix of food, fitness, and lifestyle that benefits from Frisco's affluent demographics and active community.
Suite 600 | Flavor Lounge
- Listed price $1,465,275
- Cap rate: 6.3%
- Sf: 2,791 sf
- Finish out: 2023
- Price psf: $525
- Lease type: nnn
- Lease start: october 1, 2023
- Lease expiration: october 31, 2033
- Initial term: 10 years
- Renewal options: two 5-year
- Use: upscale restaurant
Suite 700 | F45 Training
- Listed price $1,747,200
- Cap rate: 6.3%
- Sf: 3,328 sf
- Finish out: 2022
- Price psf: $525
- Lease type: nnn
- Lease start: april 1, 2022
- Lease expiration: march 14, 2027
- Initial term: 5 years
- Renewal options: one 5-year
- Use: fitness studio
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