Property Name

Frisco Crossing

Square Footage 12,158 SF

Property Description

Frisco Crossing is a 12,158 square foot retail center located in the affluent, high-growth DFW suburb of Frisco, Texas.   The Property is positioned at the signalized intersection of Highway 121 and Independence Parkway, approximately 30 minutes north of Downtown Dallas.  Built in 2016, Frisco Crossing is 100% leased to a complimentary mix of internet-resilient tenants with retail and medical uses, including Palio’s Pizza, Stonelake Family Dentistry, King & Cardinal Bakery, Men’s T Clinic and Frisco Pharmacy.  Average rents for the Property are $28.64 PSF NNN.  Comparable new construction small shop retail space in Frisco is leasing for over $35.00 PSF NNN. Average primary lease term expiration is in August 2024 and all tenants have multiple renewal options.