UPDATED:
Key Details
Property Type Commercial
Sub Type Business
Listing Status Active
Purchase Type For Sale
Subdivision The Offices At Stonebrook Crossing
MLS Listing ID 20936240
Total Fin. Sqft 1217
Year Built 2022
Annual Tax Amount $7,067
Lot Size 4.780 Acres
Acres 4.78
Property Sub-Type Business
Property Description
An exceptional opportunity for passive income, this commercial office unit in The Offices at Stonebrook Crossing is leased to State Farm Insurance through 2027, generating a 6% annual return with immediate positive cash flow. Strategically located within Frisco's North Platinum Corridor, the property benefits from unparalleled visibility at a high-traffic intersection (Stonebrook Parkway: 18,362 VPD, FM 423: 57,457 VPD in 2022) and superior access to major thoroughfares including the Dallas North Tollway and Sam Rayburn Tollway. Its prime setting in Frisco's thriving market is complemented by extensive surrounding retail, dining, and professional amenities. This is a secure, income-producing asset in a high-growth area.
Location
State TX
County Denton
Zoning Office/Medical
Direction Follow GPS to 400 Stonebrook Parkway, Frisco, TX, 75036
Interior
Heating Central
Cooling Central Air
Flooring Hardwood, Tile
Heat Source Central
Exterior
Utilities Available City Sewer
Roof Type Asphalt
Garage No
Building
Foundation Slab
Structure Type Brick,Rock/Stone,Siding
Others
Ownership Contact Agent
Acceptable Financing Contact Agent
Listing Terms Contact Agent
Virtual Tour https://www.propertypanorama.com/instaview/ntreis/20936240
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As a resident of the Lakewood/East Dallas community Marissa can provide personal insight into our neighborhood. As a native of Dallas, Marissa attended SMU to obtain her business degree from the Cox School of Business, after 10 years in corporate America her experience in negotiating with International firms transfers directly into her real estate business. High Integrity, honesty, and a passion for people make working with Marissa a delight. As a by-referral realtor Marissa is 100% committed to you and your real estate goals. Marissa has extensive sales knowledge in various areas of the metroplex including, but not limited to Lakewood, Preston Hollow, Park Cities, Hollywood Heights, M Streets, and Lake Highlands.