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Shopping Strip

Shops on Lebanon

4747 4th Army Dr, Frisco, TX 75034

Listing Price: $10,965,000

Cap Rate
5.85%
Gross SF
19,177
Rentable SF
19,177
Price/Gross SF
$571.78
Lot Size
2.57 acres
Year Built
2019

Investment Overview

Shops on Lebanon is a 19,177-square-foot, newly constructed multi-tenant retail center located in the highly desirable Dallas-Fort Worth suburb of Frisco, Texas. The center is 100 percent leased, all leases are triple-net, and have personal guarantees. The center is a complementary mix of service-oriented, internet-resistant tenants including Beyond 500 Fitness Studio, Rebalance Wellness Solutions, Zeal Dentistry, Romeo's Pizza, Icebox Cryotherapy, Dog Training Elite, Twisted Bowls, Twinkle Star Dance Academy, and Century Studios. The center is new 2019 construction with attractive architecture and landscaping and is situated on a 2.57-acre parcel. The subject property is located in a dense retail trade area on the hard corner of Fourth Army Drive and Lebanon Road. Traffic counts in front of the property are approximately 22,200 vehicles per day. Shops on Lebanon is near many national retailers including Simple Self Storage, Kroger, Market Street, Starbucks Coffee, CVS Pharmacy, Walgreens, Tom Thumb, Wendy's, Raising Canes Chicken Fingers, Chase, Pizza Hut, and more. The property is near many schools, providing additional traffic to the area. The property is well positioned in a densely populated and highly affluent area; the one-mile average household income is $178,820, and the five-mile population exceeds 269,830 residents.

Investment Highlights

  • 19,177-Square-Foot, Multi-Tenant Retail Center
  • 100% Occupied | All Leases are Triple-Net with Primary Lease Terms of 5 to 10 Years
  • Tenant Base is a Complementary Mix of Internet-Resistant, Service-Oriented Businesses
  • Building is New (2019) Construction with an Attractive Facade | Situated on a 2.57-Acre Parcel with Ample Concrete Parking
  • Highly Desirable Location in the Affluent Dallas Suburb of Frisco, Texas | Excellent Demographics

Exclusively Listed By

Financing By

Shopping Strip

Shops on Lebanon

Listing Price: $10,965,000

Cap Rate
5.85%
Gross SF
19,177
Rentable SF
19,177
Price/Gross SF
$571.78
Lot Size
2.57 acres
Year Built
2019

Investment Highlights

  • 19,177-Square-Foot, Multi-Tenant Retail Center
  • 100% Occupied | All Leases are Triple-Net with Primary Lease Terms of 5 to 10 Years
  • Tenant Base is a Complementary Mix of Internet-Resistant, Service-Oriented Businesses
  • Building is New (2019) Construction with an Attractive Facade | Situated on a 2.57-Acre Parcel with Ample Concrete Parking
  • Highly Desirable Location in the Affluent Dallas Suburb of Frisco, Texas | Excellent Demographics

Investment Overview

Shops on Lebanon is a 19,177-square-foot, newly constructed multi-tenant retail center located in the highly desirable Dallas-Fort Worth suburb of Frisco, Texas. The center is 100 percent leased, all leases are triple-net, and have personal guarantees. The center is a complementary mix of service-oriented, internet-resistant tenants including Beyond 500 Fitness Studio, Rebalance Wellness Solutions, Zeal Dentistry, Romeo's Pizza, Icebox Cryotherapy, Dog Training Elite, Twisted Bowls, Twinkle Star Dance Academy, and Century Studios. The center is new 2019 construction with attractive architecture and landscaping and is situated on a 2.57-acre parcel. The subject property is located in a dense retail trade area on the hard corner of Fourth Army Drive and Lebanon Road. Traffic counts in front of the property are approximately 22,200 vehicles per day. Shops on Lebanon is near many national retailers including Simple Self Storage, Kroger, Market Street, Starbucks Coffee, CVS Pharmacy, Walgreens, Tom Thumb, Wendy's, Raising Canes Chicken Fingers, Chase, Pizza Hut, and more. The property is near many schools, providing additional traffic to the area. The property is well positioned in a densely populated and highly affluent area; the one-mile average household income is $178,820, and the five-mile population exceeds 269,830 residents.

Exclusively Listed By

Financing By

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