Private Investor Acquires 115736 Square Foot Retail Center In Frisco With Buyer's Rep Matthews Real Estate

Building Size

115,736 SF

Asset Type

Retail

Closing

Sep 6, 2024

AI

The transaction involved a retail center located at 1690 FM 423 in Frisco, comprising 115,736 square feet and situated on 14.7 acres. The property is notably 97% leased, featuring tenants such as Capriotti’s Sandwich Shop and Flix Brewhouse.

Summary of transaction details:

Property Type: Retail
Transaction Amount: Not disclosed
Address: 1690 FM 423
Market: Frisco
Square Footage: 115,736
Acres: 14.7
Buyer's Representative: Baylor Worman & Grayson Duyck - Matthews Real Estate Investment Services
Seller's Representative: Jared Aubrey & Michael Austry - CBRE

The sale was facilitated by Matthews Real Estate Investment Services, with Baylor Worman and Grayson Duyck representing the buyer, a private investor. The seller was represented by Michael Austry and Jared Aubrey from CBRE.

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