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255 W Lebanon #216 Frisco, TX 75036
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Key Details
Property Type Commercial
Sub Type Office
Listing Status Sold
Purchase Type For Sale
Subdivision Waterstone Condo
MLS Listing ID 20433734
Sold Date 10/06/23
Total Fin. Sqft 671
Year Built 2018
Annual Tax Amount $3,354
Lot Size 4.784 Acres
Acres 4.784
Property Description
Income producing office or medical property in a very popular and successful business park in West Frisco. No other available vacancies and easy to lease. Property is currently leased to a very qualified SPA tenant on a 3 year lease at $32 per sq ft plus NNN with about 2.5 years remaining. Lease obligations and the deposit are fully transferable to the new owner. Tenant pays taxes, association fees, insurance, management fees and repairs. Property was recently upgraded with LVT wood look floors throughout and upgraded soundproofing
Please don't contact or disturb the tenant. Tenant wishes to remain and has an option to renew at the end of the term,
Location
State TX
County Denton
Zoning Office
Direction Use GPS
Interior
Heating Central, Electric, Other
Cooling Central Air
Flooring Luxury Vinyl Plank
Heat Source Central, Electric, Other
Exterior
Utilities Available City Sewer, City Water, Concrete, Curbs, Electricity Connected, Master Water Meter
Roof Type Metal
Garage No
Building
Foundation Slab, Other
Structure Type Frame,Rock/Stone,Stone Veneer
Others
Ownership Of record
Acceptable Financing 1031 Exchange, Cash, Conventional
Listing Terms 1031 Exchange, Cash, Conventional
Financing Cash
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Bought with Po-Jung Su • EMD Realty
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