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Property profile & analytics
OFF-MARKET
Office Spaces

255 Lebanon Rd Frisco, TX 75036

2,804 SF Built 2017
Property ID
Property summary
AI-generated overview

This exceptional Class A office building, totaling 2,804 square feet, is located in Frisco, Texas, within Denton County, at 255 Lebanon Rd, zip code 75036. Built in 2017 and renovated in 2020, the single-story property boasts a modern design and state-of-the-art amenities. Currently 100% occupied since September 1, 2019, by a highly reputable, private equity-backed tenant, Connections Wellness Group, under a triple net (NNN) lease with a corporate guarantee. The lease, with rent bumps, has a remaining term of 2.2 years, expiring January 31, 2027, and options to renew. The asking price is $1,475,000, translating to $526.03 per square foot. This prime Frisco location offers high visibility and accessibility within a desirable commercial district, making it an attractive investment opportunity. The property's strong tenant, coupled with Frisco's robust economy and growth, ensures excellent long-term potential for appreciation and consistent rental income. This is a turnkey investment ready to generate immediate cash flow. The property is categorized as Executive Office, Medical Office, and Traditional Office space.

Property profile
Verified
Property type Office Spaces
Year built 2017
Total area 2,804 SF
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Waterfront Family Dentistry Dental Office
  • Frisco Mental Health Services Medical Clinic
  • Behavioral Innovations Medical Clinic
  • Waterstone Wellness now Texas Health Internal Medicine Clinic Physician
  • Anagha Agarwal MD Physician
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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