Dick's Sporting Goods Signs Lease For Retail Space At 5550 Preston Road In Frisco
LEASED
Texas
See Similar DealsRetail50,000 SF
Leased 04/12/2022
LEASED
Dick's Sporting Goods Signs Lease For Retail Space At 5550 Preston Road In Frisco
5550 Preston Road, Frisco, Texas 75034, United States
See Similar DealsRetail50,000 SF
Leased 04/12/2022
Summary
TEXAS
Asset Type:Retail
Total Square Footage:50,000 SF
Transaction Type:Lease
The property involved in this transaction is a retail asset located at 5550 Preston Road in Frisco. The property spans 50,000 square feet and is leased by Hobby Lobby. The tenant for this space is Dick’s Sporting Goods.
Summary of transaction details
- Property Type: Retail
- Transaction Date: 04/12/2022
- Address: 5550 Preston Road
- Market: Frisco
- Square Footage: 50,000
Evan Bloom, representing the landlord Hobby Lobby, facilitated this lease through his association with The Woodmont Company. Megan Trimble and Greg Bracchi, serving as the tenant's representatives on the deal, are from Edge Realty.
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Deal Type
NNN (Triple Net)
Effective Rent (Annual)
$2,865,969.83
Total Lease Value
$28,659,698.28
Net Landlord Cash Flow$2,865,969.83
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