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    Brand-New Retail Shopping Center Spaces Title is generated by Realmo AI

    10426 Coit Road, Frisco, TX 75035

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    For Lease
    $35 SF/Yr

    COMMERCIAL - Frisco, TX

    Type:Retail
    Lot size:
    0.46 Acres
    Added:
    May 22, 2026
    Days on Market:
    14
    Last Refresh:
    Jun 4 at 3:06 pm

    Property Features for 10426 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
    15
    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 22, 2026

    MLS# 20911027

    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

    • Brand‑new commercial retail shopping center under construction (Year built: 2025), offering mixed‑use spaces now leasing.
    • Planned openings for the new spaces are mid‑2025 to early 2026.
    • Located right on Coit Rd in Frisco with easy access to major highways.
    • Block construction with concrete flooring.
    • Electric heating and electric cooling.
    • Utilities include public water and public sewer; parking includes alley and assigned spaces.

    Overview

    Now leasing brand-new mixed-use spaces at a newly constructed retail shopping center. The development is positioned to support a range of retail concepts, with construction planned to come online from mid-2025 through early 2026.

    Located at 10426 Coit Road in Frisco, Texas, the center is described as being in a central area right on Coit Road. The property benefits from easy access to major highways, and it’s marketed as being just steps from shopping, dining, and entertainment.

    This is a strong fit for retailers looking to secure space in a new, purpose-built environment with modern tenant-ready timing. Prospective tenants and their brokers should review the leasing schedule and space availability as the project phases roll out between mid-2025 and early 2026.
    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 - Now leasing newly constructed mixed-use retail spaces with convenient highway access and a central, amenity-rich setting.
    Where is this shopping center located?
    The property is located at 10426 Coit Road Frisco, TX.
    What is the lease rate?
    The lease rate is $35 SF/Yr.
    What are key features of this property?
    This property features: Brand‑new commercial retail shopping center under construction (Year built: 2025), offering mixed‑use spaces now leasing.; Planned openings for the new spaces are mid‑2025 to early 2026.; Located right on Coit Rd in Frisco with easy access to major highways.
    (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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