16499 Farm to Market Road 423

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16499 Farm to Market Road 423

Frisco, TX 75034
Asking Price
$6.00M
Cap Rate
5%
Asset Type
Restaurant Retail
Class
Class B

What's Special

Generational NNN Ground Lease in Dallas's #1 Growth Market — Brand New Portillo's <p><strong>• Affluent Trade Area:</strong><span> The surrounding community boasts an average household income exceeding $168,000, underscoring strong consumer purchasing power.</span></p><p><strong>• Exceptional Demographic Growth:</strong><span> The area has experienced approximately 9% annual population growth since 2020-ranking among the highest growth rates nationally.</span></p><p><strong>• Premier Intersection Location:</strong><span> Strategically positioned at the intersection of U.S. Hi

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NOI
$80,000
Cap Rate
1.33%
DSCR
0.22
Underwater
Cash-on-Cash
-15.35%
Monthly Payment
$29,684.726
Annual Cash Flow
$-276,216.715

Location & Travel Times