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5454 Main Street

David K. Holeman & Christine Mastandrea Acquire World Cup Plaza Retail In Frisco For Strategic Growth
SOLDRetail

David K. Holeman & Christine Mastandrea Acquire World Cup Plaza Retail In Frisco For Strategic Growth

5454 Main Street

Building Size

90,391 SF

Asset Type

Retail

Closing

Nov 7, 2025

AI

The retail asset located at 5454 Main Street in Frisco has a total square footage of 90,391. This property falls within a high-growth market, strategically positioned adjacent to Toyota Stadium and surrounded by significant developments.

Summary of transaction details:

  • Property Type: Retail
  • Transaction Amount: Not specified
  • Date of Transaction: 11/07/2025
  • Buyer: David K. Holeman & Christine Mastandrea - Whitestone REIT
  • Market: Frisco

Whitestone REIT's acquisition of World Cup Plaza is anticipated to enhance its portfolio in a growing market, leveraging the center’s proximity to the World Cup in 2026 and the strong local demand that is expected to bolster rent growth and shareholder value.

Players

WR
Whitestone REITBuyer

Frisco Retail Market Snapshot

Boundary boundary · Retail · 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