For Sale
$1,475,000

255 Lebanon Rd Frisco, TX 75036

2,804 SF, 100% Occupied, High ROI

Property Records

Overview

Added:
Dec 11, 2024
Days on market:
138
This exceptional Class A office building, totaling 2,804 square feet, is located in Frisco, Texas, within Denton County, at 255 Lebanon Rd, zip code 75036. Built in 2017 and renovated in 2020, the single-story property boasts a modern design and state-of-the-art amenities. Currently 100% occupied since September 1, 2019, by a highly reputable, private equity-backed tenant, Connections Wellness Group, under a triple net (NNN) lease with a corporate guarantee. The lease, with rent bumps, has a remaining term of 2.2 years, expiring January 31, 2027, and options to renew. The asking price is $1,475,000, translating to $526.03 per square foot. This prime Frisco location offers high visibility and accessibility within a desirable commercial district, making it an attractive investment opportunity. The property's strong tenant, coupled with Frisco's robust economy and growth, ensures excellent long-term potential for appreciation and consistent rental income. This is a turnkey investment ready to generate immediate cash flow. The property is categorized as Executive Office, Medical Office, and Traditional Office space.

Highlights

  • 2,804 SF Class A office building in Frisco, TX, fully occupied by Connections Wellness Group.
  • Prime Frisco location with high visibility and accessibility.
  • Strong, reputable, Private Equity-backed tenant: Connections Wellness Group.
  • Modern design and state-of-the-art amenities.
  • Attractive financing options available.
  • Excellent investment potential in Frisco's strong economy.

Property Details for 255 Lebanon Rd

Property type
Office properties, Medical offices
Square Feet
2,804 SF
Class
A
Year Built/Renovated
2017/2020
Stories
1

Location Insight

City
Frisco
County
Denton
State
Texas
Latitude
33.1260362
Longitude
-96.8930297

FAQs

What type of property is this?
Office property - 2,804 SF, 100% Occupied, High ROI
Where is the office property located?
The property is located at 255 Lebanon Rd Frisco, TX.
What is the asking price?
The asking price for this property is $1,475,000.
What are key features of this property?
This property features: 2,804 SF Class A office building in Frisco, TX, fully occupied by Connections Wellness Group.; Prime Frisco location with high visibility and accessibility.; Strong, reputable, Private Equity-backed tenant: Connections Wellness Group.
How can I contact the broker?
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255 Lebanon Rd
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