Medical Offices /TX /Collin County /Frisco /11500 State Highway 121
Medical Offices /TX /Collin County /Frisco /11500 State Highway 121

11500 State Highway 121 - Medical CONDO FOR SALE


Frisco, TX 75035 | 
$1,650,000 USD
469-987-4250
11500 State Highway 121, Frisco, TX for Sale
$1,650,000 USD
Medical CONDO - FOR SALE
1/6
null | 5.25% Cap Rate
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11500 State Highway 121
Frisco, TX 75035

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HIGHLIGHTS

  • Turnkey Investment w/ Strong Tenant
  • Currently a 5.25% Cap Rate with Large Upside Potential
  • Low Maintenance (Association covers Exterior Maintenance, Structural and Roof)
  • Prime Location in a Growing Market for Medical Use
  • High Traffic Area with Great Visibility

OVERVIEW

Prime Investment Opportunity. Tenant has expressed interest to renew lease at market rents in 2029 making for a large upside potential to the current 5.25% Cap Rate

FOR SALE DETAILS

PRICE

$1,650,000 USD

PRICE/SF

$506 USD /SF

CAP RATE

5.25%

# OF UNITS

1

CONDO SIZE

-

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Unit #810

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Medical

TOTAL BUILDING SIZE

7,736 SF

STORIES

1

BUILDING CLASS

B

YEAR BUILT

2020

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.32 AC

LAND SF

13,939 SF

ZONING

Commercial

APN/PARCEL ID

R-12008-800-0810-1

ASK ABOUT THIS PROPERTY

Robert AlperinRobert AlperinMore Info
469-987-4250

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Robert AlperinRobert AlperinMore Info
469-987-4250

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.

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