Pediatric Chiropractor | Triple Net (NNN)
$970,000
6711 Elm Street, Frisco, TX 75034
For Sale
Office
Medical
Active
Last Updated: 03/31/2021
6.19
Cap Rate
60,000
NOI
Details:
Cap Rate: 6.19%
NOI: $60,000
Building Size: 2,500 sqft
Lot Area: 0.25 acres
Lease Type: Triple Net
Year Built: 1958
Price Per Sqft: $388
Year Last Renovated: 2020
Roof & Structure : Tenant's Responsibility
HVAC: Tenant's Responsibility
Repairs & Maintenance: Tenant's Responsibility
Highlights:
- Net Lease Structure Provides For Minimal Landlord Responsibility
- Internet Proof Business in a Prominent Dallas Suburb
- Very Specialized and Proven Business Structure Provides For Stable Investment
- Directly Adjacent to New 2020 Development
- Right Next to the New 135,500 SF Mixed-Use Ritchey Gin Development
- Area Expected to Continue to See Annual Growth Over 3%
- Extremely Affluent Area Ensures Continued Success of Concept
- Frisco Ranked #1 By Fox Business in “Recession Proof Cities in America”; Read More Here
- Strategically Located By Main Street Which Sees a Traffic Count of Over 36,200 VPD
- Dense Affluent Residential Neighborhood With a Population of 98,148 Residents Making an Average Household Income of $148,630 Within a 3-Mile Radius of the Property
- The City of Frisco, TX is Expected to Experience a 15% Growth Rate By 2024 and is One of the Fastest Growing Suburbs of Dallas/Fort Worth Area
- Nearby Tenants Include: Cinemark, Dunkin’, Walmart Supercenter, Starbucks, McDonald’s, Burger King, Costco, Home Depot, Wells Fargo and More
Description:
Sands Investment Group is Pleased to Exclusively Offer For Sale the 2,500 SF Pediatric Chiropractor at 6711 Elm Street in Frisco, Texas. This Deal Includes an Internet Proof Business in a Prominent Dallas Suburb With Over 98,100 Residents Within a 3-Mile Radius, Providing For a Great Investment.
In Cooperation With Sands Investment Group Austin, LLC Lic. # 9004706 BoR: Max Freedman - TX Lic. # 644481
Documents:
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Offering Memorandum |
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