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Property Details:

County or Parish
Denton
Lot Size
3 to < 5 Acres
Lot Size (Acres)
3.0500
Lot Size Area
3.0500
Lot Size (Square Feet)
132858.0000
Zoning Description
LC

Interior Information:

Ceiling Height
11 to 14 Feet
Heating
Central,Electric
Cooling
Ceiling Fan(s),Central Air,Electric,ENERGY STAR Qualified Equipment
Flooring
Ceramic Tile,Hardwood
Stories Total
1

Exterior Information:

Lot Size
3 to < 5 Acres
Acres
3.0500
Waterfront
No

Commercial Info:

Building Area Total
1198.00
Building Use
Bar/Taverns,Beauty/Barber,Church,Food Service,Medical,Office,Restaurant,Retail

Map

Flood information: FEMA National Flood Hazard Layer (NFHL). Coverage varies; no shading does not mean no flood risk. This map is informational, not an official flood determination for insurance or lending. Verify current maps at the FEMA Map Service Center.

MLS 21192377

25691 Smotherman Road

Little Elm, Texas
$750,000
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Type: Commercial Sale
Year Built: 2022
Remarks: Rare opportunity to own a 1,198 SF road-front retail condo at 25691 Smotherman Rd, Unit 160, in one of Frisco’s fastest-growing corridors. This highly visible unit is fully built-out for a spa,massage business and includes the exclusive right to operate a massage business within the plaza, creating a strong competitive advantage and long-term tenant stability. The property is leased under a 10-year NNN lease to an established massage operator through 2033, offering true passive income with minimal landlord responsibility. The lease features 3% annual rent increases, providing built-in income growth and inflation protection. Offered at a 5.4% CAP rate, with projected rent escalations increasing returns to approximately 6.6% CAP by year-end. This asset is ideal for 1031 exchange buyers or investors seeking stable cash flow in a high-demand North Texas market.Strong demographics, excellent road frontage, ample parking, and limited availability of retail condos in Frisco make this a compelling long-term investment opportunity.
Active
Listed by: Robert Han
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Tony C Hager

Tony C Hager

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