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Retail Strip Center (NNN Investment) 7875 Custer Rd 8,125 SF 100% Leased Retail Building Frisco, TX 75035 $6,744,026 CAD ($830.03 CAD/SF) 6.24% Cap Rate
INVESTMENT HIGHLIGHTS
- Brand New Construction in Prime Frisco Location
- Almost fully leased out
- 15 yr NNN leased Investment Property
EXECUTIVE SUMMARY
Brand New Retail Strip Center in a prime location of Frisco, TX.
8,125 sqft building on 1 acre lot.
Prime location on Custer Rd in Frisco, with full frontage on Custer Rd.
Currently under construction with April, 2025 approx. hand-over.
3 Retails Suites of approx. 4,500 sqft (leased), 2,500sqft (leased) & 1,000 sqft (lease pending) to Restaurant/ Fast food Operators.
15 yr. NNN lease @38/sqft base rent and 2% rent escalation annually. $10/sqft NNN approx.
6.25% Cap Rate with $304,000 NOI projected annually.
High-income Demographic area with $180,000+ avg income in the 1-mile radius.
8,125 sqft building on 1 acre lot.
Prime location on Custer Rd in Frisco, with full frontage on Custer Rd.
Currently under construction with April, 2025 approx. hand-over.
3 Retails Suites of approx. 4,500 sqft (leased), 2,500sqft (leased) & 1,000 sqft (lease pending) to Restaurant/ Fast food Operators.
15 yr. NNN lease @38/sqft base rent and 2% rent escalation annually. $10/sqft NNN approx.
6.25% Cap Rate with $304,000 NOI projected annually.
High-income Demographic area with $180,000+ avg income in the 1-mile radius.
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Building Size
8,125 SF
Building Class
B
Year Built
2025
Price
$6,744,026 CAD
Price Per SF
$830.03 CAD
Cap Rate
6.24%
NOI
$420,551 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.07
Lot Size
2.50 AC
Zoning
Commercial - Commercial
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | R-11776-00A-0010-1 | Improvements Assessment | $7,246,713 CAD |
| Land Assessment | $2,596,961 CAD | Total Assessment | $9,843,674 CAD |
PROPERTY TAXES
Parcel Number
R-11776-00A-0010-1
Land Assessment
$2,596,961 CAD
Improvements Assessment
$7,246,713 CAD
Total Assessment
$9,843,674 CAD
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Retail Strip Center (NNN Investment) | 7875 Custer Rd
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