Building Details

Buildings 1

Listing Agency: Legacy Commercial Realty, LLC Show Phone

Listed By: Joe Martinez · License #455942 Show Phone

Source: Moodyscre

Added: Jan 27, 2025 Changed: Oct 3 Last Checked: Oct 14 at 8:25PM

Report an Issue

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

Ask AI about this property

Review the available facts, identify missing information and prepare questions for the agent.

What should I ask the agent before proceeding? What information is missing from this listing?

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.

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 / Yr

$194,437

Cap Rate

5.33%

Suggested Prices Based on Cap Rates

Cap Rate 5%

$3,888,740 $3.9M

Cap Rate 7%

$2,777,671 $2.8M

Cap Rate 9%

$2,160,411 $2.2M

Is this asking price fair?

Market Conditions

NOI Build-Up for 9,478 SF

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 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 (±1% cap)

NOI $194,437 @ 7.0% cap · market cap 5.33%

Second Best

Mixed Use

$1.87M

$1.63M – $2.18M (±1% cap)

NOI $130,796 @ 7.0% cap · market cap 3.58%

Theoretical Best

Office A

$3.70M

$3.24M – $4.31M (±1% cap)

NOI $258,854 @ 7.0% cap · market cap 7.09%

Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Unlock full access to Insights Subscribe to Realmo Intelligence

Open Analytics

Current Use

Office Units

Suggested Use

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

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

14.4% 2019

16.4% 2020

17.3% 2021

18% 2022

18.6% 2023

20.3% 2024

20.2% 2025

Similar For Sale Nearby

See more

Two-Building Retail Property

16809 Coit Rd, Frisco, TX 75035

Contact for pricing

10,550 SF

View details

Frisco Retail and Office Property

5933 Preston Rd, Frisco, TX 75034

Contact for pricing

11,084 SF

View details

Multi-Tenant Shopping Center

6065 Sports Village Road, Frisco, TX 75033

$9,250,000

18,580 SF

View details

Move-In Ready Office Suite

4300 Punjab Way, Frisco, TX 75033

$416,300

6,000 SF

View details

Remodeled Medical Office Condo

7002 Lebanon Road, Frisco, TX 75034

$1,400,000

View details

New Cold Shell Office Suite

7700 Preston Rd Unit 1001, Frisco, TX 75035

$1,250,000

3,222 SF

View details

Frisco Retail Investment Opportunity

5855 Preston Road, Frisco, TX 75034

Contact for pricing

6,119 SF

View details

Versatile Retail Space Building

10010 Coit Rd, Frisco, TX 75035

Contact for pricing

6,000 SF

View details

Medical-Ready Office Unit

8668 John Hickman Parkway #202, Frisco, TX 75034

Contact for pricing

4,600 SF

View details

Shopping Center with Monument Signage

12255 TEEL PKWY, Frisco, TX 75033

Contact for pricing

17,841 SF

View details

Finished Office Condominium Suite

4433 Punjab Way #302, Frisco, TX 75033

$930,150

2,067 SF

View details

Frisco Office Space Opportunity

6814 Lebanon Rd, Frisco, TX

Contact for pricing

4,800 SF

View details

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