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Property profile & analytics
FOR SALE
Commercial real estate

7511 Main St Frisco, TX 75034

46,686 SF 1.6 ac lot Built 2019
Entity Owned 27-yr Hold Absentee Owner ~ Est. High Equity
Property ID
US82-2511972
7511 Main St, Frisco, TX 75034 For Sale
$12,900,000 46,686 SF
7511 Main St, Frisco, TX 75034
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Property summary
AI-generated overview

This exceptional three-story, 37,000-square-foot commercial property is located in the vibrant heart of Frisco's Downtown Rail District at 7511 Main St, Frisco, TX 75034. Built in 2020, the building offers a unique blend of retail, restaurant, and open-concept office spaces, perfect for a variety of businesses. The property features 116 parking spaces in a two-story covered garage, ensuring ample parking for tenants and customers. An elevator services all three floors. Currently, the building houses a diverse mix of established businesses, including a salon, kitchen, fitness center, coffee shop, and more. With a minimum divisible space of 1,027 square feet and a total of three suites, this property offers flexibility for various business needs. The building boasts excellent visibility from Main Street, with building signage opportunities available. The property is zoned OTC and situated in Collin County. The current rental rate is $40-$45 per square foot, with NNNs approximately $13.70 per square foot. Currently, 13,845 square feet of space is available. This thriving area benefits from significant ongoing investment, including a $50 million infrastructure improvement project, and is surrounded by new residential developments, boutiques, and other amenities, creating a walkable and vibrant community. This presents a rare opportunity to secure a prominent location in one of Frisco's fastest-growing districts.

Property profile
Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Year built 2019
Total area 46,686 SF
Lot 1.6 ac (69,870 SF)
APN R-12139-00A-0010-1
UPID US82-2511972
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
  • Baked by V Food Processing Plant Factory
  • Hydroden Take-out & Catering Catering Service
  • Ignition Repair Frisco Auto Repair Shop Vehicle Inspection Center
  • The Fuel Zone Restaurant Take-out & Catering
  • Star On!! The Acting Studio Theater & Performing Art Venue Vocational School
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$5.40M
Blend (final) Blend
$5.33M
Owner & transaction history
Remlik LP · 27 yrs held
Remlik LP
since 1999
7 recorded transactions
2017
Price N/A
1999
Price N/A
1969
Price N/A
1969
Price N/A
1969
Price N/A
1969
Price N/A
1969
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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