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Retail Space Near Walmart
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12398 & 12399 FM 423, Frisco, TX 75033

Retail space shadow-anchored by Walmart in high-growth area.

Space SizeContact for details
Days on Market138

Property Features for 12398 & 12399 FM 423

General Information

Standard status Active
Property subtype Commercial
Listing Agency: The Weitzman Group | Dallas
Listed By: Maggie Hansen
Source: Weitzmangroup
Added: Apr 8 Changed: Aug 8 Last Checked: Aug 23 at 3:24AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of The Weitzman Group | Dallas

Investment Insights

Based on property information with market context.

This retail space is shadow-anchored by Walmart and benefits from close proximity to major retailers and restaurants. Signage opportunities are available on FM 423 and Eldorado Parkway. The location features a busy intersection and favorable demographics within a high-growth residential area. The property size is 37100 square feet.

Key Highlights

  • Shadow anchored by Walmart
  • Close proximity to major retailers and restaurants
  • Signage available on FM 423 and Eldorado Parkway

Property Analytics

Current Use

Floors 4 Less Carpet & Flooring Store Rendon Orthodontics Dental Office Little Elm Frisco ... Medical Clinic Yaratha V Reddy, ... Pediatrician About Face Oral ... Dental Office

Suggested Use

Top Pick Law Firm Real Estate Agency Building Supply Auto Repair Shop Big Box & Wholesale Store Auto Parts Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

562
Businesses Nearby
263k
Monthly Visits Nearby

Foot Traffic Nearby

Dining 40% Shops & Services 38% Home Improvements & Furnishings 16% Electronics 3%
Lowe's Home Improvements & Furnishings
41,743 visits/mo 0.2 miles
Hobby Lobby Shops & Services
38,974 visits/mo 0.4 miles
McDonald's Dining
32,861 visits/mo 0.3 miles
Dollar Tree Shops & Services
18,252 visits/mo 0.4 miles
Taco Bell Dining
14,407 visits/mo 0.3 miles

Demographics for 75033, TX

45,347
Population
16,717
Households
2.7
Avg Household Size
35
Median Age
65%
College-Educated
96%
High-School Grad
21.9 sq mi
ZIP Area
2,071
Density / Sq Mi
$171,640
Median Household Income
$75,703
Median Earnings
$2,055
Median Rent
$606,500
Median Home Value

Market

Lease Benchmarks for Frisco, TX

$37.41 /SF/Yr
Avg Asking Price
$34–$40 /SF/Yr
Price Range
12,620 SF
Avg Space Size

Vacancy Rate% for Retail in South region

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Retail space - Retail space shadow-anchored by Walmart in high-growth area.
Where is this retail space located?
The property is located at 12398 & 12399 FM 423 Frisco, TX.
What are key features of this property?
This property features: Shadow anchored by Walmart; Close proximity to major retailers and restaurants; Signage available on FM 423 and Eldorado Parkway
More about this property
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