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Storefront Retail Office Condo For Sale • 2,946 SF
| Name | Condo Use | Size | Price | Details |
|---|---|---|---|---|
| 1st Floor - Unit 100 | Retail | 2,946 SF | $2,175,000 USD | |
DescriptionA retail condo with an upscale Indian Restaurant and a CBD & Vape shop for sale on Preston Rd, Frisco, TX. It's in a very busy shopping center in a great location with high visibility on Preston Rd. There are 3 others restaurants and a Sports Bar here. The front end Indian Jewelry shop attracts lot of traffic as well. Current tenants: 1947 Indian Vegetarian Restaurant and House of Vapes. Past tenants: Green Apple Restaurabt, Mango Leaf Restaurant and CBD Sacred Oils. Sale NotesSale price:$ 2,175,000 Cap Rate : 5.86% Annual Appreciation: 15% Annual Rents: $127,500 + NNN ($8/SF) Monthly Cash flow: 12,581 Leased area: 2,946 SF Annual rent escalation: 4% It has a 5 to 6 years lease left and the existing tenants would like to extend on a long term lease. This will be a Cash-Only transaction, No financing/loan permitted. Closing within 30 days. If interested, please text/email me for quick response. |
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A retail condo with an upscale Indian Restaurant and a CBD & Vape shop for sale on Preston Rd, Frisco, TX. It's in a very busy shopping center in a great location with high visibility on Preston Rd. There are 3 others restaurants and a Sports Bar here. The front end Indian Jewelry shop attracts lot of traffic as well. Current tenants: 1947 Indian Vegetarian Restaurant and House of Vapes. Past tenants: Green Apple and Mango Leaf Restaurants and CBD Sacred Oils. Sale price:$ 2,175,000 Cap Rate : 5.86% Annual Appreciation: 15% Annual Rents: $127,500 + NNN ($8/SF) Monthly Cash flow: 12,581 Leased area: 2,946 SF Annual rent escalation: 4% It has a 5 to 6 years lease left and the existing tenants would like to extend on a long term lease. This will be a Cash-Only transaction, No financing/loan permitted. Closing within 30 days. If interested, please text/email me x 469-608-0450 for a quick response.
| High visibility on Preston Rd |
| In a very busy Retail complex |
| Parking Available: | Yes |
| Reserved: | No |
| Type: | Surface |
| Included in Rent: | Yes |