11500 State Highway 121 810Frisco, TX 75035
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.
| yesterday | Listing updated with changes from the MLS® | |
| yesterday | Listing first seen on site |
© 2020 North Texas Real Estate Information Systems. All rights reserved. Information is deemed reliable but is not guaranteed accurate by the MLS or NTREIS. The information being provided is for the consumer's personal, non-commercial use, and may not be reproduced, redistributed, or used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Last checked: 2025-04-24 11:38 AM CDT
Did you know? You can invite friends and family to your search. They can join your search, rate and discuss listings with you.