400 Stonebrook Pkwy #303 Active

Frisco,TX 75036

$ 465000

- Bed

- Bath

1217 SqFt


Key Details

Property Type Commercial

Sub Type Business

Listing Status Active

Purchase Type For Sale

Square Footage 1,217 sqft

Price per Sqft $382

Subdivision The Offices At Stonebrook Crossing

MLS Listing ID 20936240

HOA Y/N No

Year Built 2022

Annual Tax Amount $7,067

Lot Size 4.780 Acres

Acres 4.78

Property Sub-Type Business

Property Description

Rare Find with Stabilized Cash Flow & Future Appreciation in Frisco

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

Inclusions Building Only

Fireplace No

Exterior

Parking Features Additional Parking,Common,On Site,Parking Lot

Utilities Available Sewer Available

Roof Type Asphalt

Building

Story 1

Foundation Slab

Sewer Public Sewer

Others

Tax ID R1016833

Virtual Tour https://www.propertypanorama.com/instaview/ntreis/20936240

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