For Sale
$5,900,000

8795 Preston Trace BlvdFrisco, TX 75033

Prime Frisco medical office building; high visibility, strong tenant mix.

Overview

Added:
Dec 11, 2024
Days on market:
117
This exceptional Class A medical office building, located at 8795 Preston Trace Blvd in Frisco, Texas (75033), presents a compelling investment opportunity. The property, situated within a vibrant retail complex, offers a total of 2,030 to 4,270 square feet of leasable space, currently boasting 67% occupancy. The building benefits from a triple-net (NNN) lease structure across multiple tenants, providing a predictable income stream. The asking price is $5,900,000, representing a 6.30% capitalization rate. The property features convenient access to major thoroughfares, including the Dallas North Tollway and busy Preston Road, ensuring high visibility and accessibility for patients and staff. Nearby amenities include a Walmart and the University of North Texas at Frisco. Ample parking is available with 50 surface spaces. Attractive signage opportunities exist, including monument and building signage. The building is part of an upscale retail center, sharing space with established businesses such as Young Chef Academy, Cultivate Behavioral Health and Education, Frisco School of Music, and Frisco School of Performing Arts. This presents a unique opportunity to acquire a well-located, high-quality medical office building in a rapidly growing area of Collin County.

Highlights

  • $5,900,000 asking price for a Class A medical office building.
  • 2,030 - 4,270 square feet available in a multi-tenant building.
  • 6.30% cap rate with 67% occupancy.
  • Located at 8795 Preston Trace Blvd, Frisco, TX 75033, near Dallas North Tollway, Preston Road, Walmart, and UNT Frisco.
  • NNN lease type.
  • Features monument and building signage, and 50 surface parking spaces.

Property Details for 8795 Preston Trace Blvd

Property type
Office properties, Medical offices
Square Feet
2,030 SF
Class
A

Location Insight

City
Frisco
County
Collin
State
Texas
Latitude
33.155957124136
Longitude
-96.805699295251
8795 Preston Trace Blvd, Frisco, Texas

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8795 Preston Trace Blvd
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