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For Sale | Medical Office & Condo

$2,499,000

11700 Teel Parkway, Frisco, TX 75034

Active
Last Updated: 04/25/2025
 
 
Highlights:
  • Outstanding Location
  • Located on Teel Parkway, just south of Eldorado Pkwy in Frisco
  • 5,004 Square Feet
  • Built in 2017-2018
  • Both Suites on Long Term Leases
  • Population of 104,308 within 3 miles with an estimated population of 111,594 by 2027
  • Average Household Income of $202,246 within 1 mile
  • Average Home Value of $484,344 within 1 mile
Description:

This outstanding location is located at the premier spot in Frisco, Texas. This 100% occupied medical building has two tenants with long term leases in place with 7-year extension options. Surrounded by numerous restaurants, retail shopping centers, office buildings and upscale residential properties making this income produce property a perfect investment for any investor.

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Today's Available Mortgage Rates

11700 Teel Parkway, Frisco, Texas 75034

Choose Your Priority
 
Interest Rate
Mo. Payments
Max LTV Max Loan to Value is determined by the participating lenders DSCR requirements and stated NOI for the property. If no NOI is present, a 5% Cap rate is used by default.
Loan Amount
Rates as of 04/11/2025
Bank*Lender #1049
5 Year Fixed
25 Year Amortization
Interest rate 5.95% 5 Year Fixed
Mo. Payment$8,974 25 Year Amortization
Max LTV Max Loan to Value is determined by the participating lenders DSCR requirements and stated NOI for the property. If no NOI is present, a 5% Cap rate is used by default. 56% LTV $0 Lender fees
Loan Amount $1,399,440 Loan Amount
Bank*Lender #1049
7 Year Fixed
25 Year Amortization
Interest rate 6.03% 7 Year Fixed
Mo. Payment$9,042 25 Year Amortization
Max LTV Max Loan to Value is determined by the participating lenders DSCR requirements and stated NOI for the property. If no NOI is present, a 5% Cap rate is used by default. 56% LTV $0 Lender fees
Loan Amount $1,399,440 Loan Amount
Bank*Lender #1049
10 Year Fixed
25 Year Amortization
Interest rate 6.12% 10 Year Fixed
Mo. Payment$8,957 25 Year Amortization
Max LTV Max Loan to Value is determined by the participating lenders DSCR requirements and stated NOI for the property. If no NOI is present, a 5% Cap rate is used by default. 55% LTV $0 Lender fees
Loan Amount $1,374,450 Loan Amount
Largest Commercial Real Estate Lending
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