25691 Smotherman Road #160, Little Elm, TX 75034
25691 Smotherman Road #160, Little Elm, TX 75034
25691 Smotherman Road #160, Little Elm, TX 75034
25691 Smotherman Road #160, Little Elm, TX 75034
25691 Smotherman Road #160, Little Elm, TX 75034
25691 Smotherman Road #160, Little Elm, TX 75034
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DMTX Realty Group

DMTX Realty Group

+1(512) 751-6060
$ 750,000
Est. payment | /mo

3.05 Acres Lot

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$ 750,000
Est. payment | /mo
Save Virtual Tour

3.05 Acres Lot

Key Details

Property Type Commercial

Sub Type Retail

Listing Status Active

Purchase Type For Sale

Subdivision Lotus Shopping Center

MLS Listing ID 21192377

Total Fin. Sqft 1198

Year Built 2022

Annual Tax Amount $8,641

Lot Size 3.050 Acres

Acres 3.05

Property Sub-Type Retail

Property Description

Rare opportunity to own a 1,198 SF road-front retail condo at 25691 Smotherman Rd, Unit 160, in one of Frisco's fastest-growing corridors. This highly visible unit is fully built-out for a spa,massage business and includes the exclusive right to operate a massage business within the plaza, creating a strong competitive advantage and long-term tenant stability. The property is leased under a 10-year NNN lease to an established massage operator through 2033, offering true passive income with minimal landlord responsibility. The lease features 3% annual rent increases, providing built-in income growth and inflation protection. Offered at a 5.4% CAP rate, with projected rent escalations increasing returns to approximately 6.6% CAP by year-end. This asset is ideal for 1031 exchange buyers or investors seeking stable cash flow in a high-demand North Texas market.Strong demographics, excellent road frontage, ample parking, and limited availability of retail condos in Frisco make this a compelling long-term investment opportunity.

Location

State TX

County Denton

Zoning LC

Direction google map; on northeast corner of FM 423 and Smotherman rd

Interior

Heating Central, Electric

Cooling Ceiling Fan(s), Central Air, Electric, ENERGY STAR Qualified Equipment

Flooring Ceramic Tile, Hardwood

Heat Source Central, Electric

Exterior

Utilities Available City Sewer, City Water, Electricity Connected

Roof Type Concrete,Flat

Garage No

Building

Foundation Slab

Structure Type Brick,Rock/Stone,Stone Veneer

Others

Acceptable Financing 1031 Exchange, Cash, Conventional, Conventional Assumable

Listing Terms 1031 Exchange, Cash, Conventional, Conventional Assumable

Virtual Tour https://www.propertypanorama.com/instaview/ntreis/21192377

North Texas Real Estate Info Systems (NTREIS) -MetroTex and Collin County (CCAR)
©2026 North Texas Real Estate Information Systems.
Listed by Robert Han • Golden Realty

Nearby Locations

DMTX Realty Group

Top 1% Real Estate Team in Texas

Over $2 Billion in Total Sales

+1(512) 751-6060

info@dmtx.com

1617 W 6th St Suite C, Austin, TX, 78703, USA

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25691 Smotherman Road #160