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    Move-In Ready Retail Suite Title is generated by Realmo AI

    8715 Lebanon Road, Frisco, TX 75034

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    Claim this Listing
    For Lease
    $35 SF/Yr

    COMMERCIAL - Frisco, TX

    Type:Retail
    Lot size:
    1.87 Acres
    Added:
    Nov 5, 2025
    Days on Market:
    211
    Last Refresh:
    Jun 4 at 4:06 pm

    Property Features for 8715 Lebanon Road

    General Information

    Property type
    Commercial Lease
    Property subtype
    Retail
    Parking features
    Parking Lot
    Standard status
    Active
    APN
    R4427001015R1
    Lot size
    1.87 Acres

    Taxes and HOA fees

    Tax Description
    FRISCO CORNERS (CFR), BLK 1, LOT 15R; REVISED

    Utilities

    Sewer type
    Public Sewer
    Heating system
    Electric (Heating), Central
    Cooling system
    Central Air
    Water source
    Public

    Building Details

    Year built
    2005
    Floors in Building
    1
    Number of units
    1
    Flooring type
    Concrete
    Building materials
    Concrete

    We can help!

    Listing Contact
    L.J. Erickson

    Listing agent L.J. Erickson License #0463169

    Listing office Duggan Realty Advisors L.L.C. Plano, TX

    Listing date Nov 5, 2025

    MLS# 21103332

    Copyright © 2026 North Texas Real Estate Information Systems, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    HighLights

    • Frisco Corners Shopping Center offers 2nd generation retail space ready for lease with flexible lease terms.
    • Tenant finish‑out allowance available for build out, with retail space available immediately.
    • High traffic counts on nearby roads: 55,000 vpd on Preston Rd and 21,000 vpd on Lebanon Rd.
    • Building signage and monument signage available for future tenants.
    • Concrete construction with concrete flooring; central air and central heating.
    • Public water and public sewer; parking available in a parking lot.

    Overview

    Frisco Corners Shopping Center presents a second-generation retail space that is fully built out and available immediately for lease. The suite is move-in ready, with flexible lease terms and a tenant finish-out allowance available to support upgrades and branding. Future tenants will also have access to building signage and monument signage, helping increase retail visibility from key approaches.

    Located at 8715 Lebanon Road in Frisco, Texas, the property benefits from high-area traffic, with reported counts of 55,000 vehicles per day on Preston Road and 21,000 vehicles per day on Lebanon Road. The center sits adjacent to Stonebriar Centre Mall, which is identified in the materials as the #2 mall in DFW based on sales volume and is listed at 1.6M SF.

    This space is a practical fit for retailers seeking a turn-key environment with established buildout rather than starting from scratch. With signage availability and the nearby draw of an adjacent dominant shopping center, it offers a compelling option for brands looking to open quickly while retaining some flexibility to tailor the interior for their concept.
    Property Profile Location Intelligence

    Current Use by Public Records

    Frisco Dental Associates Dental Office QIDIANMEIYE - 起点美业技术培训机构达拉斯直营店 Training Center Keeper of The Game Sports Field & Court Andrew Sohn, DMD, ... Dental Office 360 Chiropractic & Wellness Alternative Medicine Practice

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Frisco
    County
    Collin
    State
    Texas
    Longitude
    -96.80843
    Latitude
    33.122

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    FAQs

    What type of property is this?
    Retail space - Second-generation retail space with move-in readiness, flexible terms, and signage options for strong tenant visibility.
    Where is this retail space located?
    The property is located at 8715 Lebanon Road Frisco, TX.
    What is the lease rate?
    The lease rate is $35 SF/Yr.
    What are key features of this property?
    This property features: Frisco Corners Shopping Center offers 2nd generation retail space ready for lease with flexible lease terms.; Tenant finish‑out allowance available for build out, with retail space available immediately.; High traffic counts on nearby roads: 55,000 vpd on Preston Rd and 21,000 vpd on Lebanon Rd.
    (972) 980-9686
    We can help!
    Listing Contact
    L.J. Erickson
    Real Estate License ID: 0463169
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    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.

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