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Freestanding Urgent Care Medical Center
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5644 Preston Rd, Frisco, TX 75034

Fully leased healthcare facility on Preston Rd with an NN lease and extended term through 2033.

Property Size4,893 SF
Lot Size0.84 Acres
Price / SF$850.19
Days on Market6

Property Features for 5644 Preston Rd

General Information

Standard status Active
Size 4,893 SF
Lot size 0.84 Acres
Property subtype Retail, Office
Occupancy 100%

Site & Location

Traffic Count 57,920 vehicles/day
Highway Access Yes
Road Access Yes

Building Details

Buildings 1
Building Size 4,893 SF
Tenancy Single
Owner Occupied No
Listing Agency: Trade Properties
Listed By: Chris Adams · License #619855
Source: Crexi
Added: Sep 14 Changed: Sep 16 Last Checked: Sep 19 at 7:50AM

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 Trade Properties

Investment Insights

Based on property information with market context.

This 4,893 SF freestanding medical retail building occupies 0.84 acres and is fully leased to CareNow Urgent Care under an NN lease. The tenant recently completed an early five-year renewal, establishing a firm lease term through September 30, 2033, with one additional five-year renewal option. Lease obligations are guaranteed by Primary Health Management, Ltd. and Primary Health Asset Holdings, Ltd.

The property is located at 5644 Preston Rd in Frisco, Texas, along the Preston Rd corridor. The site fronts a roadway reporting 57,920 vehicles per day and is positioned near major retail corridors, The Star, the Dallas Cowboys headquarters, and PGA Frisco. CareNow operates as a wholly owned subsidiary of HCA Healthcare, which carries BBB/Baa2 investment-grade credit ratings.

Key Highlights

  • 4,893 SF freestanding medical retail building on 0.84 acres
  • 100% leased to CareNow Urgent Care under an NN lease
  • Firm lease term extended through September 30, 2033

Property Analytics

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Current Use

CareNow Urgent Care ... Medical Clinic

Suggested Use

Top Pick Big Box & Wholesale Store Auto Parts Store Building Supply Hotel & Motel Storage Facility Grocery & Convenience Store

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

57,920 VPD
Traffic count
100%
Occupancy
Single-tenant
Tenancy
Yes
Highway access
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

1,124
Businesses Nearby

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Office in South region

14.4% 2019
16.4% 2020
17.3% 2021
18% 2022
18.6% 2023
20.3% 2024
20.2% 2025
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Frequently Asked Questions

What type of property is this?
Medical center - Fully leased healthcare facility on Preston Rd with an NN lease and extended term through 2033.
Where is this medical center located?
The property is located at 5644 Preston Rd Frisco, TX.
What is the asking price?
The asking price for this property is $4,160,000.
What are key features of this property?
This property features: 4,893 SF freestanding medical retail building on 0.84 acres; 100% leased to CareNow Urgent Care under an NN lease; Firm lease term extended through September 30, 2033
More about this property
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