4783 Preston Rd Frisco, TX 75034-8502
This exceptional Frisco office building, situated on a prominent 1.76-acre lot on Preston Road, presents a compelling investment or owner-user opportunity. The 23,686 square foot building boasts a high-traffic location with an estimated 56,000 cars passing daily, providing unparalleled visibility for tenants. Currently, 64% (15,406 square feet) is leased to Keller Williams on a triple-net (NNN) lease with seven years remaining, generating a consistent income stream. A significant portion of the building, approximately 5,600 square feet, is currently vacant, offering an immediate opportunity for an owner-user to occupy space while benefiting from existing rental income. This presents a unique chance to either lease the vacant space to additional tenants, maximizing rental income, or utilize it for your own business operations. The building's design is aesthetically pleasing and well-maintained, making it an attractive option for both tenants and owner-occupants. This property offers a rare blend of immediate income generation and significant potential for future growth and value appreciation. The high-profile Preston Road location ensures exceptional exposure and accessibility, making it an ideal investment in the thriving Frisco market.
-
Rock Creek Resort Association Or Organization
-
Lorraine Obiefule, Realtor®, CLRA Real Estate Agency
-
Realty Town at KW Real Estate Agency
-
Nevin Chacko, REALTOR® at Beam Real Estate LLC. Real Estate Agency
-
Keller Williams Frisco Stars Real Estate Agency
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2022Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
COMM · Frisco, TXFrisco. Always verify with local authorities before improvements.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.