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    Brand-New Mixed-Use Shell Space Title is generated by Realmo AI

    10402 Coit Road, Frisco, TX 75035

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    Claim this Listing
    For Lease
    $40 SF/Yr $30,000/Mo (calc)

    COMMERCIAL - Frisco, TX

    Type:Retail
    Property size:
    9,000 SF
    Lot size:
    0.46 Acres
    Added:
    May 18, 2026
    Days on Market:
    17
    Last Refresh:
    Jun 3 at 6:06 pm

    Property Features for 10402 Coit Road

    General Information

    Property type
    Commercial Lease
    Property subtype
    Retail
    Property condition
    Under Construction
    Parking features
    Alley, Assigned
    Standard status
    Active
    APN
    000000
    Lot size
    0.46 Acres

    Utilities

    Sewer type
    Public Sewer
    Heating system
    Electric (Heating)
    Cooling system
    Electric
    Water source
    Public

    Building Details

    Year built
    2025
    Floors in Building
    1
    Number of units
    10
    Flooring type
    Concrete
    Building materials
    Block
    Roof type
    Shingle

    We can help!

    Listing Contact
    Lilu David

    Listing agent Lilu David License #0691855

    Listing office Beam Real Estate, LLC Farmers Branch, TX

    Listing date May 18, 2026

    MLS# 21088091

    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

    • New mixed‑use retail shopping center under construction, brand new construction completed in 2025
    • Spaces available from 1,500 SF to 9,000+ SF with contiguous options
    • Blank‑slate customizable shell space for your preferred layout and design
    • Utilities: public water and public sewer
    • Construction materials include block with concrete flooring and a shingle roof
    • Parking features include alley and assigned parking

    Overview

    Now leasing a brand-new mixed-use retail shopping center with flexible shell options designed to fit office, medical, or retail concepts. The property is set up as a customizable blank slate, allowing tenants to implement their own layout and design without constraints of prior buildouts. Space sizes range from approximately 1,500 SF up to 9,000+ SF, with excellent contiguous options available for larger requirements.

    Located at 10402 Coit Road in Frisco, the center is positioned right on Coit Road between Main St and Eldorado Pkwy, near the entrance of established, high-end communities. The center benefits from easy access to major regional routes, including SH 121, Preston Rd, Dallas North Tollway (DNT), and US Hwy 380. The surrounding area includes a mix of everyday retail and services, along with nearby community amenities.

    This configuration is well-suited for a range of tenants seeking a new construction address in a high-growth area. Potential uses supported by the offering include medical uses such as dental, primary care, specialty clinics, and physical therapy, as well as professional office opportunities like law, CPA, financial services, and IT consulting. Retail and service concepts such as education centers, fitness studios, salons, and boutique retail can also be considered, depending on the tenant’s specific buildout needs.
    Property Profile Location Intelligence

    Current Use by Public Records

    Shopping centers

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Spa & Massage Center Dental Office Big Box & Wholesale Store Auto Repair Shop Hair Salon Nail Salon

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    • Signature Plaza — 9720 Coit Rd, Plano, TX 75025
    • Coinstar Kiosk | Bitcoin ATM — Kroger - Dallas, 9700 Coit Rd, Plano, TX 75025

    Location Insight

    • Map
    • Local Demand
    City
    Frisco
    County
    Collin
    State
    Texas
    Longitude
    -96.767809
    Latitude
    33.164079

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    FAQs

    What type of property is this?
    Shopping center - Newly constructed mixed-use shopping center offers customizable shell space for office, medical, or retail needs.
    Where is this shopping center located?
    The property is located at 10402 Coit Road Frisco, TX.
    What is the lease rate?
    The lease rate is $40 SF/Yr.
    What are key features of this property?
    This property features: New mixed‑use retail shopping center under construction, brand new construction completed in 2025; Spaces available from 1,500 SF to 9,000+ SF with contiguous options; Blank‑slate customizable shell space for your preferred layout and design
    (972) 484-6644
    We can help!
    Listing Contact
    Lilu David
    Real Estate License ID: 0691855
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

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