1 of 2

2 of 2

•  Media
• Map
• Street View

16499 FM 423
Frisco, TX 75033

$6,000,000 USD

Restaurant For Sale  •  6,250 SF

Property Details

• Property Type Restaurant
• Total Building Size 6,250 SF
• Lot Size 1.78 AC
• Building Class B
• Year Built 2026
• Tenancy Single
• Zoning PD-254

40 Walk Score

Highlights

Absolute NNN Ground Lease — zero landlord responsibilities, tenant pays all expenses.

5.00% cap rate on $300,000 NOI; 10% rent bumps every 5 years through options.

Average household income exceeding $168,000 with ~9% annual population growth.

Brand new 2026 Portillo's outparcel to H-E-B, adjacent to Walmart Supercenter.

Portillo's (NASDAQ: PTLO) — 95+ locations, $8.7M average unit volume, corporate guaranty.

Located at U.S. 380 & FM 423 with 99,000+ vehicles per day in top Dallas market.

Amenities

• Drive Thru

Public Transportation

Airport	Drive	Walk	Distance
Dallas-Fort Worth International	36 min	-	27.6 mi
Dallas Love Field	42 min	-	31.6 mi

Parking Details

Parking Available:	Yes
Reserved:	No
Spaces Provided:	75
Type:	Surface
Included in Rent:	Yes