Sign Up Successful!
You now have access to more from Realmo!
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    The Largest CRE Database in the US with Over 1 Million Listings

    5605 Main St Frisco, TX 75034

    Loading data...
    Loading data...
    Loading data...
    For Lease
    Contact for pricing

    2,015 SF retail space available in Frisco, TX.

    Property size:
    2,015 SF
    Lot size:
    1.40 Acres

    Property Features for 5605 Main St

    General Information

    Size
    2,015 SF
    Lot size
    1.40 Acres

    We can help!

    Listing Contact
    Taylor Cluff
    Taylor Cluff
    Source: Moodyscre

    Listing Agent: Taylor Cluff

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Overview

    Retail Space in Frisco, TX

    This 2,015 square foot retail space is available for rent. The space was previously used as a nail salon. The property benefits from cross access with an adjacent Walgreens to a signalized intersection and has frontage on FM-423. It is located directly across from a shopping center anchored by Tom Thumb. Other retailers at this intersection include CityVet, Raising Cane’s, Wendy’s, Popeye’s, McDonald’s, and Salad and Go.
    Location Intelligence

    Current Use by Public Records

    Retail space

    Suggested Use

    Restaurant Law Firm Realty agency Dental Office Spa & Massage Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

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

    Location Insight

    • Map
    • Local Demand
    City
    Frisco
    County
    Collin
    State
    Texas
    Longitude
    -96.836289
    Latitude
    33.152842

    Nearby Similar for Lease

    • $7,827 /Mo
      7,492 SF

      Frisco Office Space For Lease

      Office space suitable for office, medical, or salon use.
      7010 Ash St, Frisco, TX 75034
      View Details
    • $39 SF/Yr
      96,790 SF

      Retail Space in Frisco Corners

      Move-in ready retail space in a high-traffic Frisco location.
      8837 Lebanon Rd, Frisco, TX 75034
      View Details
    • $2,500 /Mo
      118,187 SF

      Upscale Frisco Professional Office Condo

      Prime Frisco office condo near FM 423 and Stonebrook Pkwy.
      425 Old Newman Rd, Frisco, TX 75036
      View Details
    • $26 SF/Yr
      76,491 SF

      Frisco Office Space on Preston

      Office space with retail exposure on high-traffic Preston Road.
      4783 Preston Rd, Frisco, TX 75034
      View Details
    • $1,299 /Mo
      1,100 SF

      Adaptable Flex Offices in Frisco

      Flexible office spaces with modern amenities and convenient location.
      4633 Coit Rd, Frisco, TX 75035
      View Details
    • $3,000 /Mo
      155,074 SF

      Premier Office Space in Frisco

      Highly visible office space in a rapidly growing North Texas area.
      7000 Parkwood Blvd, Frisco, TX 75034
      View Details
    • $35 SF/Yr
      81,544 SF

      Retail Space in Frisco Corners

      Move-in ready retail space with flexible lease terms.
      8715 Lebanon Rd, Frisco, TX 75034
      View Details
    • $5,550 /Mo

      Frisco Office Condo for Rent

      1,542 SF office condo in prime Frisco location.
      11619 Independence Pkwy, Frisco, TX 75035
      View Details
    • $2,500 /Mo
      4 SF

      Move-in Ready Frisco Office Condo

      Finished office condo in prime Frisco location near Highway 423.
      425 Old Newman Rd, Frisco, TX 75036
      View Details
    • $3,600 /Mo
      154,507 SF

      Frisco Office Space For Lease

      Office space for lease in a prime Frisco location.
      8000 Preston Rd, Frisco, TX 75034
      View Details
    • $2,900 /Mo
      4 SF

      Frisco Office Space for Lease

      Office space in the heart of Frisco available for lease.
      8668 John Hickman Pkwy, Frisco, TX 75034
      View Details
    • $30 SF/Yr

      Move-in Ready Office Space Frisco

      Newly constructed office space in prime Frisco location for rent.
      7884 Preston Rd, Frisco, TX 75034
      View Details

    FAQs

    What type of property is this?
    Retail space - 2,015 SF retail space available in Frisco, TX.
    Where is this retail space located?
    The property is located at 5605 Main St Frisco, TX.
    What are key features of this property?
    This property features: - High-traffic location directly across from a Tom Thumb-anchored shopping center.; - Cross access with adjacent Walgreens to a signalized intersection.; - Frontage on FM-423.
    (214) 720-0004
    Request Owner's contact information
    5605 Main St Frisco, TX 75034
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    5605 Main St
    Frisco, TX 75034
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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.

    More about this property
    5605 Main St Frisco, TX 75034
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Listing Contact
    Taylor Cluff
    Taylor Cluff
    Real Estate License ID: 639536
    (214) 720-0004
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.