Preston Road Shell Retail
4400 Preston Rd Frisco, TX 75034
For Sale
Contact for pricing
Pending
Existing shell building on Preston Road in Frisco, offering flexibility for retail, medical, restaurant, or redevelopment uses.
Property Size13,932 SF
Days on Market136
Property Features for 4400 Preston Rd
General Information
Standard status
Pending
Size
13,932 SF
Property subtype
RETAIL
Listing Agency:
Franchise RE Group
(214) 228-2157
Listed By:
Mike Jones · License #0339614
(214) 228-2157
Source:
Moodyscre
Added: Mar 17
Changed: Jul 25
Last Checked: Jul 25 at 7:58AM
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 Franchise RE Group
Investment Insights
Based on property information with market context.
The property is an existing shell building on Preston Road in Frisco, providing flexibility for repositioning, interim use, or redevelopment. The site is presented as adaptable for retail, medical, restaurant, or other redevelopment concepts, with all uses subject to verification with the City of Frisco.
Located along Preston Road in Frisco’s growth corridor, the property offers frontage and accessibility and is described as just minutes from PGA Headquarters, with surrounding mixed-use developments.
Sale or ground lease is available. Interested parties should confirm intended use and permitting requirements with the City of Frisco.
Located along Preston Road in Frisco’s growth corridor, the property offers frontage and accessibility and is described as just minutes from PGA Headquarters, with surrounding mixed-use developments.
Sale or ground lease is available. Interested parties should confirm intended use and permitting requirements with the City of Frisco.
Key Highlights
- Existing shell building on Preston Road in Frisco with flexibility for retail, medical, restaurant, or redevelopment uses
- Preston Road frontage with strong visibility and accessibility
- Close to PGA Headquarters and surrounding mixed‑use developments
Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $438.0k | $31.44 |
| − Vacancy | −$56.9k | −$4.09 |
| EGI | $381.1k | $27.35 |
| − OpEx | −$95.3k | −$6.84 |
| NOI | $285.8k | $20.51 |
13,932 SF · lease $31.44/SF/yr · vacancy 13.00% · expense 25.00%
Alternative Uses
Best Use
Office B
$4.08M
$3.57M – $4.76M
NOI $285,809 @ 7.0% cap · market cap 6.72%
Second Best
Healthcare Medical
$2.58M
$2.26M – $3.01M
NOI $180,559 @ 7.0% cap · market cap 4.25%
Theoretical Best
Office A
$5.44M
$4.76M – $6.34M
NOI $380,497 @ 7.0% cap · market cap 8.95%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Retail space - Existing shell building on Preston Road in Frisco, offering flexibility for retail, medical, restaurant, or redevelopment uses.
Where is this retail space located?
The property is located at 4400 Preston Rd Frisco, TX.
What is the asking price?
The asking price for this property is $4,250,000.
What are key features of this property?
This property features: Existing shell building on Preston Road in Frisco with flexibility for retail, medical, restaurant, or redevelopment uses; Preston Road frontage with strong visibility and accessibility; Close to PGA Headquarters and surrounding mixed‑use developments
