Frisco, TX 75035 11500 State Highway 121 # 810
$1,650,000



0 more

Presented By: Robert Alperin with United Real Estate; 469-987-4250
Disclaimer: The information contained in this listing has not been verified by Bold Real Estate and should be verified by the buyer.
Home Details
Exceptional Investment Property for Sale in Frisco. 11500 State Highway 121, Suite 810 offers a unique chance to invest in a net-leased medical condo in one of North Texas’s fastest-growing markets. This 3,264 square foot Medical Condo is leased to Lewis Pain & Physical Medicine, a trusted healthcare provider focused on interventional pain management. The tenant currently has 4 years remaining on their term, offering stable cash flow with minimal landlord obligations under a true NNN lease. Additionally, the tenant has expressed interest in exercising their lease extension at market rents in 2029. Positioned along State Highway 121, the property enjoys outstanding visibility, accessibility, and proximity to major retail, residential, and medical hubs. Currently leased well below market rates but still generating a 5.25% Cap Rate. Market Rates being at $32 PSF, this asset provides significant upside potential upon lease renewal in 2029. As demand for medical space in Frisco continues to grow, this property delivers both immediate income and long-term value appreciation.
Presented By: Robert Alperin with United Real Estate; 469-987-4250
Interior Features for 11500 State Highway 121 # 810
Other Interior Features
FlooringCeramic Tile
Lock Box TypeNone
SQFT Gross3264
Total Stories1
Total Units1
General for 11500 State Highway 121 # 810
Building UseMedical, Office
Business TypeMedical
Ceiling Height11 to 14 Feet
CityFrisco
Construction MaterialsRock/Stone
CoolingCentral Air, Electric
CountyCollin
DirectionsSee Google Maps
Gross Annual Expenses1.00
HeatingCentral, Electric
Number Of Leaseable Spaces1
Occupant TypeVacant
PossessionClosing/Funding, Subject to Lease
Property SubtypeOffice
Property TypeCommercial Sale
RoofSlate, Tile
Security FeaturesFire Alarm, Fire Sprinkler System
Standard StatusActive
StatusActive
Subdivision Name121 Huffman Medical Park Condo
Tenant PaysAll Utilities
Unexempt Taxes21414
Unit Number810
UtilitiesCity Sewer, City Water
Virtual Tour URL UnbrandedClick here
Will SubdivideNo
Year Built2020
Year Built DetailsNew Construction - Complete
Zoning DescriptionCC
Exterior for 11500 State Highway 121 # 810
Building Area Total3264.00
Construction Materials WallsTexture
Foundation Slab
Lot Size5 to < 10 Acres
Lot Size Acres5.8680
Lot Size Area5.8680
Lot Size SourceAssessor
Lot Size Square Feet255610.0800
Lot Size UnitsAcres
Parking FeaturesCommon
Additional Details
Price History

Suzanne Smith
Broker/Owner