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Road-Front Retail Condo
For Sale
$750,000

25691 Smotherman Road, Little Elm, TX 75034

CommercialSale, Little Elm, TX

Property Size1,198 SF
Lot Size3.05 Acres
Price / SF$626.04
Days on Market181

Property Features for 25691 Smotherman Road

General Information

Property type Commercial Sale
Property subtype Retail
Zoning description LC
Parking features Parking Lot
Security features Security
Subdivision Lotus shopping center
Directions google map; on northeast corner of FM 423 and Smotherman rd
Standard status Active
APN R1012790
Lot size 3.05 Acres

Taxes and HOA fees

Tax Description LOTUS SHOPPING CENTER UNT 160 PLUS 6.65 % INT
Tax Annual Amount 8641
Legal Description LOTUS SHOPPING CENTER UNT 160 PLUS 6.65 % INT

Utilities

Sewer type Public Sewer
Heating system Electric (Heating), Central
Cooling system ENERGY STAR Qualified Equipment, Electric, Ceiling Fan(s), Central Air
Water source Public

Building Details

Year built 2022
Floors in Building 1
Number of units 1
Flooring type Hardwood, Tile
Building materials Brick, Rock, Stone, StoneVeneer
Roof type Concrete, Flat
Listing Agency: Golden Realty
Listed By: Robert Han · License #0619322
Added: Mar 4 Changed: Aug 25 Last Checked: Sep 1 at 4:06PM
MLS# 21192377

Copyright © 2026 North Texas Real Estate Information Systems, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This 1,198-square-foot retail condominium is located at 25691 Smotherman Road, Unit 160, and was constructed in 2022. The interior is configured for spa and massage operations, with tile and hardwood flooring, central electric heating, central air, ceiling fans, and ENERGY STAR qualified cooling equipment. The building features brick, rock, stone, and stone veneer construction, along with a flat concrete roof.

The unit is subject to a 10-year NNN lease extending through 2033, with contractual 3% annual rent increases. The plaza also grants the unit an exclusive right to operate a massage business. A parking lot serves the property, while public water and public sewer provide utility service. The condominium is part of a 3.05-acre site.

Key Highlights

  • 1,198 SF road‑front retail condominium at 25691 Smotherman Road, Unit 160
  • Built out for spa and massage operations
  • 10‑year NNN lease runs through 2033

Property Analytics

Current Use

Retail space

Suggested Use

Top Pick Electrical Service (Bike/Boat/Book/etc) Store Butcher Grocery & Convenience Store Locksmith Veterinary Clinic

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

Single-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

425
Businesses Nearby
45k
Monthly Visits Nearby

Foot Traffic Nearby

Shops & Services 80% Dining 20%
QuikTrip Shops & Services
27,310 visits/mo 0.5 miles
Jack in the Box Dining
9,168 visits/mo 0.5 miles
Zips Car Wash Shops & Services
8,891 visits/mo 0.5 miles

Demographics for 75034, TX

47,734
Population
23,836
Households
2
Avg Household Size
36
Median Age
63%
College-Educated
97%
High-School Grad
15.9 sq mi
ZIP Area
3,002
Density / Sq Mi
$107,945
Median Household Income
$67,256
Median Earnings
$1,730
Median Rent
$679,500
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 - Built-out spa-oriented retail unit with an established NNN tenancy and exclusive massage-business operating rights.
Where is this retail space located?
The property is located at 25691 Smotherman Road Little Elm, TX.
What is the asking price?
The asking price for this property is $750,000.
What are key features of this property?
This property features: 1,198 SF road‑front retail condominium at 25691 Smotherman Road, Unit 160; Built out for spa and massage operations; 10‑year NNN lease runs through 2033
More about this property
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