11500 State Highway 121, Frisco, Texas 75035

  • 2020
  • 0 Sqft

Office For Sale

$1,650,000
ActiveListing ID #20911799
Basic Details
Commercial Sale
Active
20911799
2020
$1,650,000
0 Sqft
255,610.08 Sqft
3,264 Sqft
3,264 Sqft
5.868
Property Description

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.

Features
Rock, Stone
Slate, Tile
Central, Electric
Central Air, Electric
Sewer Available, Water Available
Additional Information
New Construction - Complete
1
1
Close Of Escrow,subject To Tenant Rights
Robert Alperin
United Real Estate
Address Map
11500
State Highway 121
810
121 Huffman Medical Park Condo
Frisco
TX
75035
Collin
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    Data last updated: 05/09/2025 5:56 AM

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    Office For Sale

    $1,650,000
    ActiveListing ID #20911799
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    LeCordes@HomesandLandinTexas.com 214-836-0752
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