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0 Preston Rd. & Lebanon Rd Frisco, TX 75035

OFF-MARKET Retail properties & Spaces Google Maps
241,509 SF
Estimated value
No estimation on file for this property yet.
Property ID

Property summary

AI-generated overview

Preston Lebanon Crossing, located at the northeast intersection of Preston Road and Lebanon Road in Frisco, Texas (zip code 75035), presents a significant retail and restaurant investment opportunity within Collin County. This multi-tenant property boasts a total building area of 241,509 square feet, currently featuring eight suites. A substantial 185,553 square feet of space is currently vacant, offering considerable flexibility for prospective tenants. The minimum divisible space is 1,857 square feet, while the maximum contiguous space available is 49,223 square feet, catering to a wide range of business needs and sizes. The center enjoys a prime location adjacent to Frisco's ninth high school, benefiting from high visibility and significant foot traffic. This strategic location is further enhanced by its proximity to a Hobby Lobby, Mardels, and a top-performing Sprouts Farmers Market, creating a strong anchor tenant presence and a vibrant retail environment. The property's location within one of the nation's fastest-growing communities ensures a robust and expanding customer base. This presents a unique chance to establish or expand a business within a thriving commercial hub. The property's size and layout offer significant potential for redevelopment or expansion, making it an attractive proposition for investors seeking a high-growth market. The available space is ideal for a variety of retail and restaurant concepts, providing a diverse range of options for potential tenants.

Property profile

Verified
Property type Retail properties & Spaces
Total area 241,509 SF

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Value estimations

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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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