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bedrooms
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bathrooms
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square feet
square feet
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acreage
Acreage
5.868
open houses
Open Houses
-
year built
year built
2020
full baths
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half baths
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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.
Location
Subdivision 121 Huffman Medical Park Condo
County Collin
Elementary School -
Middle School -
High School -
open houses Open houses
None scheduled.
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MLS number: 20911799
Listing agent: Robert Alperin #0697530
Listing broker: United Real Estate - Dallas (972) 372-0590
Copyright © 2025 North Texas Real Estate Information Systems, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.   [source]
Last update: Wednesday, April 23 2025 at 2:33 a.m. EDT
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