11500 State Highway 121 Unit# 810, Frisco, Texas, 75035
$1,650,000
Commercial
3,264 Sqft
Active
Exceptional Investment Property for Sale in Frisco. 11500 State Highway 121, Suite 810 offers a unique chance to invest in a net-leased medical condo in one of North Texas’s fastest-growing markets. This 3,264 square foot Medical Condo is leased to Lewis Pain & Physical Medicine, a trusted healthcare provider focused on interventional pain management. The tenant currently has 4 years remaining on their term, offering stable cash flow with minimal landlord obligations under a true NNN lease. Additionally, the tenant has expressed interest in exercising their lease extension at market rents in 2029. Positioned along State Highway 121, the property enjoys outstanding visibility, accessibility, and proximity to major retail, residential, and medical hubs. Currently leased well below market rates but still generating a 5.25% Cap Rate. Market Rates being at $32 PSF, this asset provides significant upside potential upon lease renewal in 2029. As demand for medical space in Frisco continues to grow, this property delivers both immediate income and long-term value appreciation.
1 Unit(s)
Utilities : City Sewer,City Water
Parking Features: Common
Security Features : Fire Alarm,Fire Sprinkler System
Lot Features : Slate,Tile
Building Use : Medical,Office
Cooling: Central Air,Electric
Heating : Central,Electric
Construction Materials: Rock/Stone
Construction Materials Walls : Texture
Foundation Details: Slab
Flooring : Ceramic Tile
Ceiling Height : 11 to 14 Feet
Green Verification Count : 0
Zoning Description : CC
Title Company Preferred: Unitum Title
Street Address: 11500 State Highway 121 Unit# 810
City: Frisco
State: Texas
Postal Code: 75035
County: Collin
MLS Number: 20911799
Year Built: 2020
Courtesy of United Real Estate
Courtesy of RE/MAX Trinity
