New Construction Mixed-Use
For Sale
Contact for pricing
15901 Rolater Rd, Frisco, TX 75035
Shell space supports a tailored retail or office finish within a newly constructed commercial development.
Property Size9,478 SF
Price / SF$385
Days on Market582
Property Features for 15901 Rolater Rd
General Information
Standard status
Active
Size
9,478 SF
Property subtype
OFFICE
Additional Details
Highway Access
Yes
Amenities
building signage
Building Details
Buildings
1
Listing Agency:
Legacy Commercial Realty, LLC
(214) 535-1876
Listed By:
Joe Martinez · License #788375
(214) 535-1876
Source:
Moodyscre
Added: Jan 27, 2025
Changed: Aug 31
Last Checked: Aug 31 at 2:07AM
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 Legacy Commercial Realty, LLC
Investment Insights
Based on property information with market context.
Building 7 offers 9,478 square feet of newly constructed mixed-use commercial space in shell condition, allowing the interior to be completed for a retail or office application. Delivery is anticipated for Spring/Summer 2025, and building signage is available.
The property is located at 15901 Rolater Rd in Frisco, near the Frisco-McKinney border. Its setting provides proximity to the Dallas North Tollway and the Sam Rayburn Tollway, supporting access between surrounding commercial areas and communities.
The property is located at 15901 Rolater Rd in Frisco, near the Frisco-McKinney border. Its setting provides proximity to the Dallas North Tollway and the Sam Rayburn Tollway, supporting access between surrounding commercial areas and communities.
Key Highlights
- 9,478‑square‑foot mixed‑use building identified as Building 7
- New construction with delivery anticipated Spring/Summer 2025
- Shell condition allows a customized interior finish
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$194,437
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
5.33%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$3,888,740
$3.9M
Cap Rate 7%
$2,777,671
$2.8M
Cap Rate 9%
$2,160,411
$2.2M
Market Conditions
NOI Build-Up for 9,478 SF
Vacancy — income lost from leasable area expected to sit empty during the year, subtracted from gross rent.
EGI (Effective Gross Income) — gross rent minus vacancy losses, the realistic income before paying operating costs.
OpEx (Operating Expenses) — recurring costs to operate the property (property tax, insurance, utilities, maintenance, management); excludes financing and capital improvements.
NOI (Net Operating Income) — income a property generates after operating costs but before financing and taxes.
Gross rent
$298.0K $31.44/SF
− Vacancy
−$38.7K −$4.09/SF
EGI
$259.2K $27.35/SF
− OpEx
−$64.8K −$6.84/SF
NOI
$194.4K $20.51/SF
Area
Frisco, TX
Vacancy
13.00%
Lease Rate
$31.44 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$3,888,740
Cap Rate 7%
$2,777,671
Cap Rate 9%
$2,160,411
Alternative Uses
Best Use
Office B
$2.78M
$2.43M – $3.24M
NOI $194,437 @ 7.0% cap · market cap 5.33%
Second Best
Mixed Use
$1.87M
$1.63M – $2.18M
NOI $130,796 @ 7.0% cap · market cap 3.58%
Theoretical Best
Office A
$3.70M
$3.24M – $4.31M
NOI $258,854 @ 7.0% cap · market cap 7.09%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
115
Businesses Nearby
Explore this area
Business Placement
Demographics for 75035, TX
82,596
Population
29,198
Households
2.8
Avg Household Size
35
Median Age
68%
College-Educated
96%
High-School Grad
24.9 sq mi
ZIP Area
3,317
Density / Sq Mi
$161,030
Median Household Income
$83,321
Median Earnings
$2,171
Median Rent
$562,300
Median Home Value
Market
Vacancy Rate% for Office in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Mixed-use property - Shell space supports a tailored retail or office finish within a newly constructed commercial development.
Where is this mixed-use property located?
The property is located at 15901 Rolater Rd Frisco, TX.
What is the asking price?
The asking price for this property is $3,649,030.
What are key features of this property?
This property features: 9,478‑square‑foot mixed‑use building identified as Building 7; New construction with delivery anticipated Spring/Summer 2025; Shell condition allows a customized interior finish
