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1st Floor - Unit 160
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Retail
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1,198 SF
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$750,000 USD
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Unit Size: 1,198 SF
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Condo Use: Retail
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Price: $750,000 USD
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Sale Type: Investment
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Price/SF: $626.04 USD
Description
1,198 SF Retail Condo; Fully built-out for Spa / Massage Business; Professional interior finish-out; Excellent frontage & signage exposure; Ample shared parking; Low-maintenance retail asset
Sale Notes
Rare opportunity to own a road-front retail condo in one of the fastest-growing and most affluent markets in North Texas. Positioned for strong visibility and long-term appreciation. Exclusive right to operate a massage business within the plaza, Protects tenant revenue and long-term stability; Competitive moat within the center. Current 10-Year NNN Lease; Lease expiration: 2033; Established massage operator in place; Minimal landlord responsibilities. True
passive income structure. Offered at 5.4% CAP Rate, 3% Annual Rental Increases, Projected to reach approximately 6.6% CAP Rate by year-end (based on escalations), Long-term stable cash flow, Ideal for 1031 exchange or passive investors. Strong demographic growth in Frisco, Medical / wellness retail demand continues to expand, Inflation-protected income via annual
escalations, Limited inventory of road-front retail condos available, Below replacement cost investment opportunity
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Robert Han
Golden Realty
