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Single-Tenant Cinema Property
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1660 FM 423, Frisco, TX 75033

Corporate-backed occupancy anchors a cinema within Main Marketplace, a newly constructed shopping center serving Frisco and Little Elm.

Property SizeContact for details
Days on Market145

Property Features for 1660 FM 423

General Information

Standard status Active
Property subtype Retail
Listing Agency: Faris Lee Investments
Listed By: Matt Brooks · License #CA 01976931
Source: Crexi
Added: Apr 10 Changed: Aug 31 Last Checked: Aug 30 at 3:56AM

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 Faris Lee Investments

Investment Insights

Based on property information with market context.

This single-occupant cinema property is leased to Flix Brewhouse under a corporate guarantee. The primary lease term has approximately 9 years remaining, with 13% rent increases scheduled every 5 years, including option periods.

The property anchors Main Marketplace, a newly constructed 142,000-square-foot shopping center at the intersection of FM 423 and Main Street in Frisco. The center includes Texas Family Fitness, India Bazaar, restaurants, and service businesses that support recurring consumer activity. The intersection records 72,649 CVPD and serves the Frisco and Little Elm trade area, which has more than 204,000 permanent residents and average household incomes exceeding $124,000 within five miles.

Key Highlights

  • Flix Brewhouse cinema with a corporate lease guarantee
  • Approximately 9 years remaining in the primary lease term
  • 13% rent increases every 5 years, including option periods

Property Analytics

Current Use

Flix Brewhouse Frisco/Little ... Cinema Adam's Air Duct ... HVAC Service

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.

Location Intelligence

Trade Area within ½ mile

504
Businesses Nearby

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

Vacancy Rate% for Industrial in South region

6% 2019
6.5% 2020
4% 2021
3.5% 2022
6% 2023
7.6% 2024
7.9% 2025
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Frequently Asked Questions

What type of property is this?
Theater & concert hall - Corporate-backed occupancy anchors a cinema within Main Marketplace, a newly constructed shopping center serving Frisco and Little Elm.
Where is this theater & concert hall located?
The property is located at 1660 FM 423 Frisco, TX.
What are key features of this property?
This property features: Flix Brewhouse cinema with a corporate lease guarantee; Approximately 9 years remaining in the primary lease term; 13% rent increases every 5 years, including option periods
(949) 887-4285 Call to check price and availability
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