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Retail & Restaurant Development
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2251 FM 423, Little Elm, TX 75068

Contemporary retail and restaurant building with prominent FM 423 visibility and multiple access points at a busy intersection.

Space Size15,000 SF
Days on Market166

Property Features for 2251 FM 423

General Information

Standard status Active
Size 15,000 SF
Property subtype RETAIL

Spaces For Lease

at 2251 FM 423 Contact us

2251 FM 423

Floor
Bldg
Size
15,000 SF
Type
RETAIL
Rate
Contact for pricing
Availability
AVAILABLE, COE
Sublease
No
Opportunities available at this premium contemporary retail & restaurant development...
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Listing Agency: SHOP Companies - Corporate
Listed By: Landry Kemp
Source: Moodyscre
Added: Mar 25 Changed: Sep 3 Last Checked: Sep 6 at 8:46AM

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 SHOP Companies - Corporate

Investment Insights

Based on property information with market context.

This contemporary retail and restaurant development features a 32-foot-tall building designed for strong street presence. The site is laid out to support convenient access and circulation, with multiple entry and exit points for day-to-day customer traffic.

Located at the northeast corner of FM 423 and Little Elm Parkway in the West Frisco / Little Elm area, the property benefits from high traffic counts and visibility from FM 423. The retail center is part of an integrated mixed-use community that includes 56 townhomes behind the development, supporting walk-in activity from the adjacent residential component. The intersection is also home to established national brands, including Starbucks, Kroger, and Aldi, among others.

Key Highlights

  • Premium contemporary retail & restaurant development at the NEQ of FM 423 and Little Elm Parkway
  • 32‑foot‑tall building with prominent visibility from FM 423
  • Busy intersection location with high traffic counts and multiple access points for entry and exit

Property Analytics

Current Use

Retail space

Suggested Use

Top Pick Law Firm Carpet & Flooring Store Electrical Service Travel Agency Nursing Home Tanning Salon

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

NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

818
Businesses Nearby
328k
Monthly Visits Nearby

Foot Traffic Nearby

Shops & Services 39% Dining 37% Groceries 19% Beauty & Spa 3%
Kroger Groceries
60,759 visits/mo 0.4 miles
Hobby Lobby Shops & Services
38,974 visits/mo 0.4 miles
McDonald's Dining
32,861 visits/mo 0.3 miles
QuikTrip Shops & Services
27,310 visits/mo 0.5 miles
Dollar Tree Shops & Services
18,252 visits/mo 0.3 miles

Demographics for 75068, TX

66,248
Population
23,499
Households
2.8
Avg Household Size
34
Median Age
43%
College-Educated
92%
High-School Grad
27.9 sq mi
ZIP Area
2,374
Density / Sq Mi
$126,341
Median Household Income
$66,559
Median Earnings
$2,161
Median Rent
$386,300
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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Frequently Asked Questions

What type of property is this?
Retail space - Contemporary retail and restaurant building with prominent FM 423 visibility and multiple access points at a busy intersection.
Where is this retail space located?
The property is located at 2251 FM 423 Little Elm, TX.
What are key features of this property?
This property features: Premium contemporary retail & restaurant development at the NEQ of FM 423 and Little Elm Parkway; 32‑foot‑tall building with prominent visibility from FM 423; Busy intersection location with high traffic counts and multiple access points for entry and exit
(214) 398-2546 Call to check price and availability
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