425 Old Newman Suite 203

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425 Old Newman Suite 203

Frisco, TX 75036
Asking Price
$445K
Asset Type
Office
Class
Class B

What's Special

425 Old Newman, Suite 203, is situated in a established commercial corridor in Frisco, Texas. The property is located near the intersection of Main Street and FM 423, providing proximity to various retail centers, dining options, and personal service providers. Access to the site is facilitated by several major thoroughfares, including the Dallas North Tollway and Highway 121, which connect the area to the broader North Texas region. The surrounding neighborhood features a mix of professional office parks, residential communities, and local schools. This office suite is positioned for professional services and administrative operations. The layout and location are suited for small to mid-sized firms, such as legal practices, accounting offices, or regional consultancy teams. Given the proximity to Frisco’s growing population, the asset is also applicable for medical administrative use or private tutoring centers. Typical tenants in this area value the ease of access for local clients and the surrounding suburban amenities that support daily business functions.

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NOI
$80,000
Cap Rate
17.98%
DSCR
3.03
Strong
Cash-on-Cash
40.14%
Monthly Payment
$2,201.617
Annual Cash Flow
$53,580.594

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