1,217 SqFt
1,217 SqFt
Key Details
Property Type Commercial
Sub Type Business
Listing Status Active
Purchase Type For Sale
Square Footage 1,217 sqft
Price per Sqft $352
Subdivision The Offices At Stonebrook Crossing
MLS Listing ID 20936240
HOA Y/N No
Year Built 2022
Annual Tax Amount $7,067
Lot Size 4.780 Acres
Acres 4.78
Property Sub-Type Business
Property Description
An exceptional opportunity for passive income, this commercial office unit in The Offices at Stonebrook Crossing is leased to State Farm Insurance through 2027, generating a 6% annual return with immediate positive cash flow. Strategically located within Frisco's North Platinum Corridor, the property benefits from unparalleled visibility at a high-traffic intersection (Stonebrook Parkway: 18,362 VPD, FM 423: 57,457 VPD in 2022) and superior access to major thoroughfares including the Dallas North Tollway and Sam Rayburn Tollway. Its prime setting in Frisco's thriving market is complemented by extensive surrounding retail, dining, and professional amenities. This is a secure, income-producing asset in a high-growth area.
Location
State TX
County Denton
Zoning Office/Medical
Direction Follow GPS to 400 Stonebrook Parkway, Frisco, TX, 75036
Interior
Heating Central
Cooling Central Air
Flooring Hardwood, Tile
Inclusions Building Only
Fireplace No
Exterior
Parking Features Additional Parking, Common, On Site, Parking Lot
Utilities Available Sewer Available
Roof Type Asphalt
Private Pool No
Building
Story 1
Foundation Slab
Sewer Public Sewer
Others
Tax ID R1016833
Acceptable Financing See Agent
Listing Terms See Agent
Virtual Tour https://www.propertypanorama.com/instaview/ntreis/20936240
Nearby Locations
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