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14688 State Highway 121 1,601 SF Office/Medical Condo Unit Offered at $1,190,903 CAD in Frisco, TX 75035
Investment Highlights
- Fully leased medical office investment
- Strong surrounding tenant mix and professional environment
- Prime Highway 121 and Independence Parkway location
- New 5-year lease extension in progress
Executive Summary
Excellent opportunity to acquire a fully leased, income-producing medical office condo in the highly desirable market of Frisco, Texas. This ±1,600 SF professional suite, built in 2017, is ideally located at the signalized intersection of State Highway 121 and Independence Parkway, offering exceptional visibility, accessibility, and strong surrounding demographics. The property is 100% leased to an established medical tenant, with a new 5-year lease extension currently in progress, providing investors with stable cash flow and long-term income security. This turnkey investment is well-suited for passive investors seeking reliable returns in a high-growth, healthcare-driven corridor. The suite features a functional layout including a reception area, private offices, conference room, bullpen workspace, and restrooms, along with high-quality finish-out and modern construction. Strategically positioned with direct access to State Highway 121 and the Dallas North Tollway, the property benefits from strong population growth, proximity to major healthcare providers, and a dense residential base. ?? A stabilized, low-management investment with long-term upside in one of North Texas’s most dynamic submarkets.
Data Room Click Here to Access
Property Facts
| Total Building Size | 6,000 SF | Typical Floor Size | 6,000 SF |
| Property Type | Office (Condo) | Year Built | 2017 |
| Property Subtype | Medical | Lot Size | 0.91 AC |
| Building Class | B | Parking Ratio | 6.16/1,000 SF |
| Floors | 1 | ||
| Zoning | Commercial - Professional / Dental / Medical Uses | ||
| Total Building Size | 6,000 SF |
| Property Type | Office (Condo) |
| Property Subtype | Medical |
| Building Class | B |
| Floors | 1 |
| Typical Floor Size | 6,000 SF |
| Year Built | 2017 |
| Lot Size | 0.91 AC |
| Parking Ratio | 6.16/1,000 SF |
| Zoning | Commercial - Professional / Dental / Medical Uses |
Amenities
- 24 Hour Access
- Signage
- Kitchen
- Reception
- Central Heating
- Natural Light
- Plug & Play
- Wi-Fi
- Monument Signage
- Air Conditioning
1 Unit Available
Unit 130
| Unit Size | 1,601 SF | Sale Type | Investment |
| Price | $1,190,903 CAD | Cap Rate | 6.37% |
| Price Per SF | $743.85 CAD | NOI | $75,908.21 CAD |
| Condo Use | Office/Medical |
| Unit Size | 1,601 SF |
| Price | $1,190,903 CAD |
| Price Per SF | $743.85 CAD |
| Condo Use | Office/Medical |
| Sale Type | Investment |
| Cap Rate | 6.37% |
| NOI | $75,908.21 CAD |
Description
New 5-year lease extension in progress. Excellent opportunity to acquire a fully leased, income-producing medical office condo in one of the most desirable commercial corridors in Frisco, Texas. Built in 2017, this 1,600 SF professional suite is located within a modern office park at the signalized intersection of State Highway 121 and Independence Parkway, offering exceptional visibility and accessibility.
Sale Notes
- Fully leased medical office investment
- New 5-year lease extension in progress
- Approx. 1,600 SF built in 2017
- Prime Highway 121 and Independence Parkway location
- Modern construction with high-quality finish-out
- Excellent visibility with signage opportunities
- Strong surrounding tenant mix and professional environment
- Easy access to Dallas North Tollway and major growth corridors
Ideal passive investment in a high-demand medical market
Contact the broker for financials, lease details, and offering information.
NNN Tenant Information Click Here to Access
| TENANT | SF Occupied | LEASE END DATE |
|---|---|---|
| Airrosti |
-
|
Jan 0000
|
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14688 State Highway 121
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