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Leased Neighborhood Shopping Center
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615 Main St, Frisco, TX 75036

Fully leased neighborhood retail center completed in 2018 with established tenancy and long-term lease expirations.

Property Size24,034 SF
Price / SF$498
Days on Market158

Property Features for 615 Main St

General Information

Standard status Active
Size 24,034 SF
Property subtype Retail
Occupancy 100%
Lease Type NNN
Net Operating Income $718,186

Building Details

Year Built 2018
Buildings 1
Units 11
Tenancy Multi
Listing Agency: SHOP Companies Dallas
Listed By: Tim Axilrod · License #TX 617806
Source: Crexi
Added: Mar 27 Changed: Aug 30 Last Checked: Aug 30 at 10:06PM

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 Dallas

Investment Insights

Based on property information with market context.

This 24,034-square-foot neighborhood retail center was completed in 2018 and is reported as 100% leased. The property is positioned at 615 Main St in Frisco, Texas, within the DFW submarket identified in the listing information.

The average lease term expiration is May 2030. Demographic data provided for the surrounding area includes average household income exceeding $192,800 within 1 mile and $192,600 within 3 miles. The 3-mile radius also recorded a 2,069% population increase since 2000.

Key Highlights

  • 24,034 SF neighborhood retail center
  • 100% leased occupancy
  • Completed in 2018

Property Analytics

Current Use

Dr. Daniel Kou Dental Office Rory Allen Pediatrician MyFitMed: Testosterone & Weight ... Medical Clinic Rory Lamar Allen Pediatrician Dr. Julio Olivieri Physician

Suggested Use

Top Pick Real Estate Agency Law Firm Building Supply Big Box & Wholesale Store Auto Parts Store Parking Lot & Garage

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

632
Businesses Nearby
68k
Monthly Visits Nearby
Balanced
Demand for This Use

Foot Traffic Nearby

Shops & Services 45% Dining 41% Groceries 8% Home Improvements & Furnishings 3%
Rosa's Cafe Dining
16,820 visits/mo 0.4 miles
7-Eleven Shops & Services
16,699 visits/mo 0.1 miles
Shell Shops & Services
8,351 visits/mo 0.1 miles
India Bazaar Groceries
5,295 visits/mo 0.3 miles
Hollywood Feed Shops & Services
3,804 visits/mo 0.2 miles

Demographics for 75036, TX

35,148
Population
11,823
Households
3
Avg Household Size
39
Median Age
62%
College-Educated
96%
High-School Grad
10.8 sq mi
ZIP Area
3,254
Density / Sq Mi
$141,761
Median Household Income
$73,125
Median Earnings
$2,238
Median Rent
$500,000
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?
Shopping center - Fully leased neighborhood retail center completed in 2018 with established tenancy and long-term lease expirations.
Where is this shopping center located?
The property is located at 615 Main St Frisco, TX.
What is the asking price?
The asking price for this property is $11,969,000.
What are key features of this property?
This property features: 24,034 SF neighborhood retail center; 100% leased occupancy; Completed in 2018
More about this property
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