255 Lebanon Rd Frisco, TX 75036
- Office Properties & Spaces
- 2,804 SF
Current Use by Public Records
- Waterfront Family Dentistry / Dental Clinic
- Frisco Mental Health Services / Addiction Treatment Center / Mental Health Service
- Behavioral Innovations / Mental Health Clinic / Mental Health Service
- Waterstone Wellness now Texas Health Internal Medicine Clinic / Doctor
- Anagha Agarwal MD / Internist
Property Details for 255 Lebanon Rd
- Year built
- 2017
- Property size
- 2,804 SF
- Property type
- Office Properties & Spaces
- Property subtype
- Medical offices
Description
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.
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Location Insight
- Map
- Local Demand
- City
- Frisco
- County
- Denton
- State
- Texas
- Longitude
- -96.893
- Latitude
- 33.126
