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16499 FM 423
Frisco, TX 75033
Portillo's · Retail Property For Sale

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Investment Highlights

  • Affluent Trade Area: The surrounding community boasts an average household income exceeding $168,000, underscoring strong consumer purchasing power
  • Premier Intersection Location: Strategically positioned at the intersection of U.S. Highway 380 (a major east-west arterial) and FM 423
  • Exceptional Demographic Growth: The area has experienced approximately 9% annual population growth since 2020-ranking among the highest growth rates
  • Recent Infrastructure Enhancements: Highway 380 has been recently expanded, including the addition of a newly constructed flyover

Executive Summary

Patrick Graham
License # 9005919 (TX)
Matthews Real Estate Investment Services, Inc
2699 Howell St., Suite 400, Dallas, TX 75204
(866) 889-0550

Property Facts

Sale Type
Investment
Property Type
Retail
Property Subtype
Restaurant
Building Size
6,250 SF
Building Class
B
Construction Status
Proposed
Price
$8,205,180 CAD
Price Per SF
$1,312.83 CAD
Cap Rate
5%
NOI
$410,259 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.08
Lot Size
1.78 AC
Zoning
PD-254 - Planned Development
  • Listing ID: 39646938

  • Date on Market: 2026-03-03

  • Last Updated:

  • Address: 16499 FM 423, Frisco, TX 75033

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