1640 FM 423 Little Elm, TX 75033
Fully leased retail center in high-growth Little Elm, Texas.
Type:Shopping Strip
Property size:
13,079 SFLot size:
1.63 AcresPrice / SF:
$469/SF- Added:
- Apr 3, 2026
- Days on Market:
- 21
- Last Refresh:
- Apr 3 at 5:05 am
Property Features for 1640 FM 423
General Information
- Standard status
- Active
- Size
- 13,079 SF
- Lot size
- 1.63 Acres
- Property subtype
- Shopping Strip
Building Details
- Year Built
- 2018
Listing agent Philip Levy License #TX: 0522087 (972) 755-5225
Listing office Dallas Office (972) 755-5225
Listing date Apr 3, 2026
Source Marcusmillichap
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Overview
Retail Center Anchored by Grocery Store
India Bazaar Plaza is a fully leased, 13,079-square-foot retail center anchored by an ethnic grocery store. Constructed in 2018, the property is situated on a 1.631-acre parcel with concrete parking. The tenant base includes a mix of service-oriented businesses, with India Bazaar occupying 89 percent of the gross leasable area under a new 10-year lease. The end cap suite is leased to Shahnaz Salon & Threading. Both leases are triple-net. Located on the border of Little Elm and Frisco, Texas, the property is positioned at the signalized intersection of King Road/Main Street and FM 423. FM 423 is a major north-south arterial road through Denton County. The location offers accessibility from multiple ingress and egress points, with traffic counts exceeding 70,699 vehicles per day. India Bazaar Plaza is in line with Planet Fitness and adjacent to Main Marketplace, a 115,736-square-foot community shopping center featuring tenants such as Flix Brewhouse, Scooter's Coffee, Big Blue Swim School, Hollywood Feed, Kid Strong, Capriotti's Sandwich Shop, Wing Snob, Kumon, Bruster's Ice Cream, iCode, Diesel Barbershop, R&B Tea, and more. Nearby retailers include Papa John's Pizza, Hawaiian Bros Island Grill, CareNow Urgent Care, Einstein Bros. Bagels, Rosa's Café & Tortilla Factory, Buffalo Wild Wings, and Tropical Smoothie Café.
Location Intelligence
Current Use by Public Records
Shopping centers
Similar Places Nearby
- Little Elm Market Place — 2701 Little Elm Pkwy #105, Little Elm, TX 75068
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- Lotus Shopping Center — 25691 Smotherman Rd, Frisco, TX 75034
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Location Insight
- Map
- Local Demand
- City
- Little Elm
- County
- Denton
- State
- Texas
- Longitude
- -96.887761
- Latitude
- 33.185622
Nearby Similar for Sale
FAQs
What type of property is this?
Shopping center - Fully leased retail center in high-growth Little Elm, Texas.
Where is this shopping center located?
The property is located at 1640 FM 423 Little Elm, TX.
What is the asking price?
The asking price for this property is $6,138,000.
What are key features of this property?
This property features: 100% Leased Retail Center anchored by India Bazaar (89% GLA) with a New 10‑Year Lease; Located in a High‑Growth Area on the border of Little Elm and Frisco, Texas; Prime Location at a Signalized Intersection with High Traffic Counts (70,699+ VPD)
