NNN Property with Restaurant
For Sale
Contact for pricing
5899 Preston Road, Frisco, TX 75034
Restaurant suite completed in 2023 with modern finishes and a fully equipped kitchen.
Property Size2,505 SF
Price / SF$190.87
Days on Market102
Property Features for 5899 Preston Road
General Information
Standard status
Active
Size
2,505 SF
Class
B
Property subtype
Office
Zoning
Commercial
Lease Type
Modified Gross
Investment Type
Stabilized
Building Details
Year Built
2023
Buildings
13
Units
1
Tenancy
Single
Listing Agency:
Rockhill Commercial Real Estate
Listed By:
Tonya LaBarbera · License #678307
Source:
Crexi
Added: Jul 7
Changed: Oct 8
Last Checked: Oct 15 at 12:01AM
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 Rockhill Commercial Real Estate
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Investment Insights
Based on property information with market context.
This 2,505-square-foot NNN property at 5977 Preston Road, Suite 200, includes a restaurant build-out completed in 2023. The space is occupied by Nouvia, an upscale brunch and cocktail restaurant, and includes a fully equipped kitchen, modern finishes, cast masonry, modern stone, a metal roof, suspended steel canopy, and building and monument signage.
The property fronts Preston Road in Frisco, where the stated average daily vehicle count exceeds 55,000. Nearby retail and restaurant destinations include Stonebriar Centre, The Shops at Legacy, Legacy West, The Star District, and Ford Center at The Star. The surrounding area also includes multiple schools, Collin County Community College, Stonebriar Community Church, Hunt Middle School, and the future Frisco Performance Art Center.
Nouvia operates under a 5-year NNN lease with two 5-year renewal options.
The property fronts Preston Road in Frisco, where the stated average daily vehicle count exceeds 55,000. Nearby retail and restaurant destinations include Stonebriar Centre, The Shops at Legacy, Legacy West, The Star District, and Ford Center at The Star. The surrounding area also includes multiple schools, Collin County Community College, Stonebriar Community Church, Hunt Middle School, and the future Frisco Performance Art Center.
Nouvia operates under a 5-year NNN lease with two 5-year renewal options.
Key Highlights
- 2,505‑square‑foot restaurant property at 5977 Preston Road, Suite 200, Frisco, TX 75034
- Restaurant build‑out completed in 2023 with a fully equipped kitchen
- 5‑year NNN lease with two 5‑year renewal options
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$17,403
Cap Rate
3.64%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$348,060
$348.1K
Cap Rate 7%
$248,614
$248.6K
Cap Rate 9%
$193,367
$193.4K
Market Conditions
NOI Build-Up for 2,505 SF
Gross rent
$24.3K $9.72/SF
− Vacancy
−$1.1K −$0.46/SF
EGI
$23.2K $9.26/SF
− OpEx
−$5.8K −$2.32/SF
NOI
$17.4K $6.95/SF
Area
Frisco, TX
Vacancy
4.70%
Lease Rate
$9.72 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$348,060
Cap Rate 7%
$248,614
Cap Rate 9%
$193,367
Alternative Uses
Best Use
Specialty Retail
$248.6K
$217.5K – $290.1K
NOI $17,403 @ 7.0% cap · market cap 3.64%
Second Best
Retail
$232.0K
$203.0K – $270.7K
NOI $16,243 @ 7.0% cap · market cap 3.40%
Theoretical Best
Office A
$977.3K
$855.2K – $1.14M
NOI $68,414 @ 7.0% cap · market cap 14.31%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Location Intelligence
Trade Area within ½ mile
778
Businesses Nearby
Explore this area
Business Placement
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
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Retail in South region
Frequently Asked Questions
What type of property is this?
NNN property - Restaurant suite completed in 2023 with modern finishes and a fully equipped kitchen.
Where is this nnn property located?
The property is located at 5899 Preston Road Frisco, TX.
What is the asking price?
The asking price for this property is $478,125.
What are key features of this property?
This property features: 2,505‑square‑foot restaurant property at 5977 Preston Road, Suite 200, Frisco, TX 75034; Restaurant build‑out completed in 2023 with a fully equipped kitchen; 5‑year NNN lease with two 5‑year renewal options
