11500 State Highway 121 810, Frisco, TX 75035
- 3,264 sqft
Commercial Property
Built in 2020
5.87acre lot
—— car garage
$506/sqft
Listed 2 months ago
Property Description
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.
- Listing Status:
- Active
- Listing Office:
- United Real Estate : 972-372-0590
- Listing Agent:
- Robert Alperin :
- MLS ID:
- 20911799

- Flooring: Ceramic Tile
- A/C: Central AirElectric
- Heating: CentralElectric
This listing courtesy of Robert Alperin, United Real Estate
Monthly Payment
- Principal & Interest $
- Property Taxes $
- Home Insurance $
- VA Funding Fee $
Location
Schools Nearby
Borchardt Elementary School
4300 Waskom Dr, Plano, TX, 75024
Grades KG-5
0.48 miles away
Fowler Middle School
3801 McDermott Rd, Plano, TX, 75025
Grades 6-8
0.89 miles away
Lebanon Trail High School
5151 Ohio Dr, Frisco, TX, 75035
Grades 9-11
1.46 miles away