Road-Front Retail Condo
25691 Smotherman Road, Little Elm, TX 75034
Retail - Little Elm, TX
Type:Retail
Property size:
1,198 SFLot size:
3.05 AcresPrice / SF:
$626/SF- Added:
- Mar 4, 2026
- Days on Market:
- 74
- Last Refresh:
- May 17 at 12:06 am
Property Features for 25691 Smotherman Road
General Information
- Property type
- Commercial Sale
- Property subtype
- Retail
- Parking features
- Parking Lot
- Standard status
- Active
- APN
- R1012790
- Size
- 1,198 SF
- Lot size
- 3.05 Acres
Utilities
- Heating system
- Central, Electric (Heating)
- Cooling system
- Ceiling Fan(s), Central Air, Electric, ENERGY STAR Qualified Equipment
Building Details
- Year built
- 2022
- Flooring type
- Hardwood, Tile, Tile - Ceramic
- Building materials
- Brick, Stone, Stone Veneer
- Roof type
- Concrete, Flat
- Architectural style
- Other
Listing agent Robert Han License #0619322 (214) 888-3876
Listing office Golden Realty 7700 Preston Rd Suite 501, Allen, TX (214) 888-3876
Listing date Mar 4, 2026
MLS# 21192377
Listing URL
Copyright © 2026 North Texas Real Estate Information Systems, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
HighLights
- 10‑year NNN lease in place until 2033 with an established massage operator, providing true passive income.
- Exclusive right to operate a massage business within the plaza, ensuring a strong competitive advantage.
- Located in a fast‑growing corridor of Frisco with excellent road frontage and strong demographics.
- Lease includes 3% annual rent increases, offering built‑in income growth and inflation protection.
- Offered at a 5.4% CAP rate, projected to increase to approximately 6.6% by year‑end due to rent escalations.
- Fully built‑out retail condo (1,198 SF) constructed in 2022 with ample parking.
Overview
This is a rare opportunity to own a 1,198 SF road-front retail condo located at 25691 Smotherman Rd, Unit 160, in one of Frisco’s fastest-growing corridors. The property is located in Little Elm, TX 75034, and is situated on a 3.05-acre lot. This highly visible unit is fully built-out for a spa/massage business and includes the exclusive right to operate a massage business within the plaza, creating a strong competitive advantage and long-term tenant stability. The property is leased under a 10-year NNN lease to an established massage operator through 2033, offering passive income with minimal landlord responsibility. The lease features 3% annual rent increases, providing built-in income growth and inflation protection. This asset is ideal for 1031 exchange buyers or investors seeking stable cash flow in a high-demand North Texas market. Strong demographics, excellent road frontage, ample parking, and limited availability of retail condos in Frisco make this a compelling long-term investment opportunity.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
Retail space
Map
- City
- Little Elm
- County
- Denton
- State
- Texas
- Longitude
- -96.8233
- Latitude
- 33.1589
Nearby Similar for Sale
FAQs
What type of property is this?
Retail space - Retail condo in Frisco's growing corridor, leased until 2033.
Where is this retail space located?
The property is located at 25691 Smotherman Road Little Elm, TX.
What is the asking price?
The asking price for this property is $750,000.
What are key features of this property?
This property features: 10‑year NNN lease in place until 2033 with an established massage operator, providing true passive income.; Exclusive right to operate a massage business within the plaza, ensuring a strong competitive advantage.; Located in a fast‑growing corridor of Frisco with excellent road frontage and strong demographics.
