Updated Apr 1, 2025
Vanguard Real Estate Advisors Represents Seller In Closing 13.85 Acre Development Site In Frisco
Lebanon Road, Frisco, Texas
Building Size
—
Asset Type
Development Site
Closing
Jan 16, 2025
About this deal
AI
The transaction involves a commercial development site located along Lebanon Road in Frisco, TX, encompassing approximately 13.85 acres. The site is strategically positioned just north of State Highway 121.
Summary of transaction details:
- Property Type: Development Site
- Transaction Amount: Not disclosed
- Address: Lebanon Road
- Market: Frisco
- Broker Representatives: Jordan Cortez, Haley Birmingham & Mason John - Vanguard Real Estate Advisors
Vanguard Real Estate Advisors facilitated the closing of the transaction and represented the Seller. For further information, interested parties can reach out to Jordan Cortez, Mason John, or Haley Birmingham.
On the Map
Development Site
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Frisco Development Site Market Snapshot
Boundary boundary · Development Site · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
5.80%
Cash-on-Cash
-1.66%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93