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Lotus Shopping Center, Unit 130 25691 Smotherman Rd 1,369 SF of Retail Space Available in Frisco, TX 75033
HIGHLIGHTS
- High visibility FM 423 frontage with excellent traffic counts
- New shell space ready for your custom interior finish
- Located in a vibrant commercial area surrounded by thriving residential communities and other successful businesses
- Ample parking
- Prominent signage opportunity for strong brand exposure
- Great for retail, café, salon, boutique, doctor's office, food point
SPACE AVAILABILITY (1)
Display Rental Rate as
- SPACE
- SIZE
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor, Ste 130 | 1,369 SF | Negotiable | $48.65 CAD/SF/YR $4.05 CAD/SF/MO $66,601 CAD/YR $5,550 CAD/MO | Triple Net (NNN) |
1st Floor, Ste 130
FOR LEASE: Prime Retail Space at Lotus Shopping Center – Unit 130, Little Elm / Frisco, TX Looking for the perfect spot to grow your business? Now available — 1,369 sq. ft. retail storefront in the sought-after Lotus Shopping Center, ideally located on FM 423 at Smotherman Rd, between Main St and Eldorado Pkwy in the Frisco/Little Elm area. - Exposure to consistent daily traffic from nearby residential neighborhoods - A layout suitable for a wide range of retail, service, medical, or food-related uses (subject to approval) - Synergy with neighboring tenants, driving repeat and destination-based visits
- Lease rate does not include utilities, property expenses or building services
- Located in-line with other retail
- Central Air and Heating
- Excellent storefront visibility within the center
- Easy customer access and ample parking
- Exposure to consistent daily traffic from nearby
Rent Types
The rent amount and type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The rent type will vary depending upon the services provided. For example, triple net rents are typically lower than full service rents due to additional expenses the tenant is required to pay in addition to the base rent. Contact the listing broker for a full understanding of any associated costs or additional expenses for each rent type.
1. Full Service: A rental rate that includes normal building standard services as provided by the landlord within a base year rental.
2. Double Net (NN): Tenant pays for only two of the building expenses; the landlord and tenant determine the specific expenses prior to signing the lease agreement.
3. Triple Net (NNN): A lease in which the tenant is responsible for all expenses associated with their proportional share of occupancy of the building.
4. Modified Gross: Modified Gross is a general type of lease rate where typically the tenant will be responsible for their proportional share of one or more of the expenses. The landlord will pay the remaining expenses. See the below list of common Modified Gross rental rate structures: 4. Plus All Utilities: A type of Modified Gross Lease where the tenant is responsible for their proportional share of utilities in addition to the rent. 4. Plus Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of cleaning in addition to the rent. 4. Plus Electric: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical cost in addition to the rent. 4. Plus Electric & Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical and cleaning cost in addition to the rent. 4. Plus Utilities and Char: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the utilities and cleaning cost in addition to the rent. 4. Industrial Gross: A type of Modified Gross lease where the tenant pays one or more of the expenses in addition to the rent. The landlord and tenant determine these prior to signing the lease agreement.
5. Tenant Electric: The landlord pays for all services and the tenant is responsible for their usage of lights and electrical outlets in the space they occupy.
6. Negotiable or Upon Request: Used when the leasing contact does not provide the rent or service type.
7. TBD: To be determined; used for buildings for which no rent or service type is known, commonly utilized when the buildings are not yet built.
PROPERTY FACTS
| Total Space Available | 1,369 SF | Gross Leasable Area | 11,730 SF |
| Property Type | Retail | Year Built | 2022 |
| Property Subtype | Storefront Retail/Office |
| Total Space Available | 1,369 SF |
| Property Type | Retail |
| Property Subtype | Storefront Retail/Office |
| Gross Leasable Area | 11,730 SF |
| Year Built | 2022 |
ABOUT THE PROPERTY
FOR LEASE: Prime Retail Space at Lotus Shopping Center – Unit 130, Little Elm / Frisco, TX Lotus Shopping Center is a well-positioned neighborhood retail center located in the rapidly growing Little Elm submarket. The center benefits from strong surrounding residential density, ongoing area development, and convenient access to major local roadways. Looking for the perfect spot to grow your business? Now available — 1,369 sq. ft. retail storefront in the sought-after Lotus Shopping Center, ideally located on FM 423 at Smotherman Rd, between Main St and Eldorado Pkwy in the Frisco/Little Elm area. Little Elm continues to experience strong population growth, making this location ideal for tenants seeking long-term market presence and expansion opportunities.
NEARBY MAJOR RETAILERS
Presented by
Farnam Estates LLC
Lotus Shopping Center, Unit 130 | 25691 Smotherman Rd
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