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Multi-Tenant Retail Building
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Pending

1606 FM423, Frisco, TX 75036

Multi-tenant retail building constructed in 2017 with 100% occupancy and triple-net leases.

Property Size10,056 SF
Lot Size1.30 Acres
Days on Market135

Property Features for 1606 FM423

General Information

Standard status Pending
Size 10,056 SF
Lot size 1.30 Acres
Property subtype Retail
Occupancy 100%

Building Details

Year Built 2017
Tenancy Multi
Listing Agency: Marcus & Millichap - Dallas
Listed By: Philip Levy · License #TX 522087
Source: Crexi
Added: Apr 11 Changed: Aug 12 Last Checked: Aug 22 at 8:13AM

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 Marcus & Millichap - Dallas

Investment Insights

Based on property information with market context.

Building F is a 10,056-square-foot, multi-tenant retail building within the Main Marketplace development. Constructed in 2017, the property is 100% occupied and leased on a triple-net basis. Tenants include The Bar Method, Parklane Dentistry, Glo Nail Bar, and Godfather’s Pizza, with rent escalations remaining during their primary terms. A substantial portion of the gross leasable area is covered by leases with personal guarantees.

Main Marketplace is positioned as a neighborhood shopping destination on a hard corner with signalization at King Road and FM 423. The development is planned to total 130,000 square feet of retail, restaurant, and entertainment space upon completion.

Surrounding retailers and operators within the Main Marketplace area include Flix Brewhouse and other named tenants listed in the property remarks, supporting a diversified mix of daily needs and entertainment-oriented destinations.

Key Highlights

  • 10,056‑SF, multi‑tenant retail building (Building F) constructed in 2017 on a 1.3‑acre parcel.
  • 100% occupied with triple‑net leases in place.
  • Tenant roster includes The Bar Method, Parklane Dentistry, Glo Nail Bar, and Godfather’s Pizza.

Property Analytics

Current Use

Parklane Family Dentistry Dental Office Parul Vashisht Dental Office Kombat USA (Bike/Boat/Book/etc) Store TX Martial Arts Training Center GLOW Nail Bar Nail Salon

Suggested Use

Top Pick Law Firm Parking Lot & Garage Grocery & Convenience Store Auto Parts Store Carpet & Flooring Store Locksmith

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

100%
Occupancy
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

504
Businesses Nearby
42k
Monthly Visits Nearby
Well-served
Demand for This Use

Foot Traffic Nearby

Shops & Services 71% Groceries 13% Dining 12% Beauty & Spa 4%
7-Eleven Shops & Services
16,699 visits/mo 0.4 miles
Shell Shops & Services
8,351 visits/mo 0.5 miles
India Bazaar Groceries
5,295 visits/mo 0.3 miles
Hollywood Feed Shops & Services
3,804 visits/mo 0.4 miles
Papa John's Pizza Dining
2,752 visits/mo 0.4 miles

Demographics for 75036, TX

35,148
Population
11,823
Households
3
Avg Household Size
39
Median Age
62%
College-Educated
96%
High-School Grad
10.8 sq mi
ZIP Area
3,254
Density / Sq Mi
$141,761
Median Household Income
$73,125
Median Earnings
$2,238
Median Rent
$500,000
Median Home Value

Market

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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Similar Off Market Nearby

  • Main Street Center FM2244, Frisco, TX 75036
  • Main Marketplace 1690 FM 423, Frisco, TX 75034
  • Elm Ridge Crossing 899 FM 423, Frisco, TX 75036
  • Lotus Shopping Center 25691 Smotherman Rd, Frisco, TX 75034
  • Coin Cloud Bitcoin ATM 249 Main St, Frisco, TX 75034

Frequently Asked Questions

What type of property is this?
Shopping center - Multi-tenant retail building constructed in 2017 with 100% occupancy and triple-net leases.
Where is this shopping center located?
The property is located at 1606 FM423 Frisco, TX.
What are key features of this property?
This property features: 10,056‑SF, multi‑tenant retail building (Building F) constructed in 2017 on a 1.3‑acre parcel.; 100% occupied with triple‑net leases in place.; Tenant roster includes The Bar Method, Parklane Dentistry, Glo Nail Bar, and Godfather’s Pizza.
(972) 755-5225 Call to check price and availability
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