Add Listing
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search

    5350 Preston Rd Frisco, TX

    View on Map
    Claim this Listing
    Loading data...
    Loading data...
    Loading data...
    For Lease
    Contact for pricing

    Freestanding restaurant with drive-thru in a vibrant retail corridor.

    Type:RETAIL
    Property size:
    2,995 SF
    Lot size:
    1.05 Acres
    Added:
    Dec 9, 2024
    Days on Market:
    513
    Last Refresh:
    Apr 5 at 11:13 pm

    Property Features for 5350 Preston Rd

    General Information

    Standard status
    Active
    Size
    2,995 SF
    Lot size
    1.05 Acres
    Property subtype
    RETAIL

    Spaces For Lease

    at 5350 Preston Rd Contact us

    We can help!

    Listing Contact
    Thomas Glendenning
    Thomas Glendenning

    Listing agent Thomas Glendenning License #CA 01704987

    Listing office SHOP Companies - Corporate

    Listing date Dec 9, 2024

    Source Moodyscre

    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

    HighLights

    • Prime location with outstanding visibility and easy access from Preston Road.
    • Free‑standing second‑generation restaurant.
    • Drive‑thru opportunity.
    • Located in a vibrant retail and dining corridor in Frisco.
    • Gateway to Preston Lebanon Crossing.
    • Anchored by Sprouts Farmers Market, Hobby Lobby, and EOS Fitness.

    Overview

    Restaurant with Drive-Thru Opportunity

    This property offers a freestanding second-generation restaurant space with a drive-thru. The location provides visibility and easy access from Preston Road, situated at the entrance to Preston Lebanon Crossing, a busy center anchored by Sprouts Farmers Market, Hobby Lobby, and EOS Fitness. The property is located in one of Frisco’s retail and dining corridors. The property size is 2995 square feet.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Birdcall Restaurant

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Dental Office Spa & Massage Center Big Box & Wholesale Store Auto Repair Shop Hair Salon Nail Salon

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Frisco
    County
    Collin
    State
    Texas
    Longitude
    -96.8049
    Latitude
    33.1234

    Nearby Similar for Lease

    • $2,800/Mo

      Frisco Office Space For Lease

      Office space in the heart of Frisco, close to Preston Mall.
      8668 John Hickman Parkway, Frisco, TX 75034
      View Details
    • $3,000/Mo

      Frisco Office Condo For Rent

      Office condo with high-end finishes, ready for occupancy.
      7000 Parkwood Boulevard, Frisco, TX 75034
      View Details
    • $3,300/Mo

      Frisco Office Space Available

      Well-positioned office space in Frisco's thriving business community.
      400 Stonebrook Parkway, Frisco, TX 75036
      View Details
    • $4,550/Mo

      Frisco Office Condo For Rent

      1,542 SF office condo in prime Frisco location.
      11619 Independence Parkway, Frisco, TX 75035
      View Details
    • $4,175/Mo

      Frisco Retail Space For Rent

      Prime retail location in the heart of West Frisco.
      3500 Victory Group Way, Frisco, TX 75034
      View Details
    • $8,167/Mo

      Frisco Office/Medical Building For Lease

      Move-in ready office/medical building in Frisco, TX available for lease.
      425 Old Newman Road, Frisco, TX 75036
      View Details
    • $1,050/Mo

      Modern Office Condo in Frisco

      Move-in ready office space in a prime Frisco location.
      7846 Preston Road, Frisco, TX 75034
      View Details
    • $3,000/Mo

      Frisco Office Condo For Rent

      Corner office condo with natural light in Frisco, Texas.
      8668 John Hickman Parkway, Frisco, TX 75034
      View Details
    • $2,995/Mo

      Retail Space in Downtown Frisco

      Corner lot retail space near Main Street in Frisco, TX.
      9021 3rd Street, Frisco, TX 75033
      View Details
    • $799/Mo

      Centennial Park Flex Offices

      Adaptable office spaces with modern amenities and convenient location.
      4633 Coit Road, Frisco, TX 75035
      View Details
    • $1,750/Mo

      Downtown Frisco Office Space

      Office space in downtown Frisco with two entrances.
      6726 Main Street, Frisco, TX 75033
      View Details
    • $1,995/Mo

      Turnkey Office Space in Frisco

      Prime Frisco location, flexible floor plan, easy highway access.
      8765 Stockard Drive, Frisco, TX 75034
      View Details

    FAQs

    What type of property is this?
    Drive through restaurant - Freestanding restaurant with drive-thru in a vibrant retail corridor.
    Where is this drive through restaurant located?
    The property is located at 5350 Preston Rd Frisco, TX.
    What are key features of this property?
    This property features: Prime location with outstanding visibility and easy access from Preston Road.; Free‑standing second‑generation restaurant.; Drive‑thru opportunity.
    (214) 960-4528 Call to check price and availability
    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing Thomas Glendenning
    Thomas Glendenning
    Real Estate License ID: CA 01704987
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    5350 Preston Rd, Frisco, TX
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!