Preston @ Wade Crossing Retail
5855 Preston Road, Suites 600/700, Frisco, TX 75034
Marketing description
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.
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: Price $1,465,275 | Cap Rate 6.3% | 2,791 SF
- Suite 700 - F45 Training: Price $1,747,200 | Cap Rate 6.3% | 3,328 SF
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