5266 Independence Pky - Storefront FOR SALE


Frisco, TX 75035
$7,207,000 USD
214-560-6900
5266 Independence Pky, Frisco, TX for Sale
$7,207,000 USD
Storefront - FOR SALE
1/10
null | 6.25% Cap Rate

5266 Independence Pky
Frisco, TX 75035


HIGHLIGHTS

  • Strong Tenant Lineup | 100% Leased | NNN Leases
  • Excellent Visibility & Access | Dense Retail Corridor |Nearby National/Credit Tenants
  • Strong Demographics In 5-Mile Trade Area

OVERVIEW

SRS National Net Lease is pleased to offer the opportunity to acquire the fee simple interest (land & building ownership) in a freestanding multi-tenant retail investment property located in Frisco, Texas. The offering features a strong food and service-based tenant lineup. The tenants operate under leases that are NNN in nature, limiting expense leakage for a future investor. This building features elevated design and utilizes high-quality materials. The property is at 100% occupancy, providing a stable cash income stream, ideal for a future passive investor, with some short term value-add potential.

FOR SALE DETAILS

PRICE

$7,207,000 USD

PRICE/SF

$480 USD /SF

CAP RATE

6.25%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Independence Plaza

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront

ADD'L SUBTYPES

Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2018

SPRINKLERS

-

PARKING SPACES

97

LAND DETAILS

LAND ACRES

1.86 AC

LAND SF

81,022 SF

ZONING

H

APN/PARCEL ID

R-9366-00A-0030-1

ASK ABOUT THIS PROPERTY

Michael KaplanSRS Real Estate PartnersMore Info
214-560-6900

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Michael KaplanSRS Real Estate PartnersMore Info
214-560-6900

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