16555 FM 423 | Frisco, TX 75033
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16555 FM 423
Frisco, TX 75033
FREDDY’S FROZEN CUSTARD & STEAKBURGERS · Retail Property For Sale
Investment Highlights
- Located Within the Dallas MSA in An Affluent and Rapidly Expanding Area - The Most Coveted Retail Corridor in the DFW Metroplex
- Absolute Triple Net Lease with No Landlord Responsibilities
- Freddy’s Frozen Custard & Steakburgers Has Approximately 450 Locations | Guaranteed by Largest Franchisee in the System
- Adjacent to Intersection of US 380 and TX 423 Overseeing 94,000+ Vehicles per Day
- Long Term 20-Year Lease with 10% Increases Every 5 Years
- Shadow-Anchored by New HEB (June 2023 start and est. Q4 2024 completion), the Most Sought After Retailer and Traffic Generator in the Nation
PROPERTY FACTS
Property Type
Retail
Property Subtype
Building Size
3,000 SF
Building Class
B
Year Built
2023
Tenancy
Single
Building Height
1 Story
Building FAR
0.07
Lot Size
1.00 AC
Zoning
Commercial
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $3,160,700 | |
| Land Assessment | $15,962,780 | Total Assessment | $21,122,498 |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$15,962,780
Improvements Assessment
$3,160,700
Total Assessment
$21,122,498
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