New Construction NNN Investment
8541 FM 423 Frisco, TX
For Sale
Contact for pricing
New 1,925 SF construction on 1.13 acre site.
Property Size1,925 SF
Lot Size1.12 Acres
Price / SF$1,672
Days on Market824
Property Features for 8541 FM 423
General Information
Standard status
Active
Size
1,925 SF
Lot size
1.12 Acres
Property subtype
RETAIL
Listing Agency:
Secure Net Lease - Dallas
(469) 694-4189
Listed By:
Kyle Varni · License #707940
(469) 694-4189
Source:
Moodyscre
Added: Apr 25, 2024
Changed: Jul 10
Last Checked: Jul 21 at 6:41AM
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 Secure Net Lease - Dallas
Investment Insights
Based on property information with market context.
This is a newly constructed 1,925 square foot building situated on a 1.13 acre site. The property is suitable for coffee shops, restaurants, retail, and specialty purposes. A new 15-year corporate absolute NNN lease is in place, featuring 10% rental increases every 5 years and four 5-year options to renew. The property benefits from its location on a signalized intersection of FM 423 and Old Newman Road, which experiences over 48,750 vehicles per day. The surrounding area has exceptional demographics, with a population exceeding 117,000 people and an average household income of over $183,000 within a 3-mile radius. It is less than 4 miles from the Fields West Development, a $10 billion project that includes the PGA Headquarters and Universal Studios Theme Park. The lease is backed by a corporate guaranty from Black Rock Coffee, recognized as one of America’s fastest-growing private companies. The property is located in Frisco, which is ranked as the #1 real estate market in the U.S. with a population of 219,587.
Key Highlights
- Brand new 2024 construction with a 15‑year corporate absolute NNN lease.
- Rare 1.13 acre parcel at a signalized intersection with over 48,750 vehicles per day.
- Located less than 4 miles from the $10B Fields West Development.
Property Analytics
Property Profile
Location Intelligence
Current Use
Similar Off Market Nearby
- Scooter's Coffee — 1654 FM423 #100, Little Elm, TX 75068
- iSmoke Vapor Gallery — 279 Main St #138, Frisco, TX 75034
- TeaLatte Bar — 8425 FM 423 #190, Frisco, TX 75034
- Dumont Creamery & Cafe — 1951 FM 423 Ste 800, Frisco, TX 75034
- Happy Morning — 1710 FM 423 Suite 100, Frisco, TX 75034
Frequently Asked Questions
What type of property is this?
Coffee shop - New 1,925 SF construction on 1.13 acre site.
Where is this coffee shop located?
The property is located at 8541 FM 423 Frisco, TX.
What is the asking price?
The asking price for this property is $3,219,000.
What are key features of this property?
This property features: Brand new 2024 construction with a 15‑year corporate absolute NNN lease.; Rare 1.13 acre parcel at a signalized intersection with over 48,750 vehicles per day.; Located less than 4 miles from the $10B Fields West Development.
