TX
Denton
Little Elm
75034
25691 Smotherman Road 160
25691 Smotherman Road 160, Little Elm, TX 75034
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Listing Type
Commercial/Industrial
Listing Status
Active
11
$750,000

Home Details for 25691 Smotherman Road 160

Price
$750,000
Type
Commercial Sale
Year built
2022
Lot size acres
3.05
County
Denton
Days on site
92
MLS Listing#
21192377
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.

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Property Features
  • Cooling Information
    • Ceiling Fan(s)
    • Central Air
    • Electric
    • ENERGY STAR Qualified Equipment
  • Heating Information
    • Central
    • Electric
  • Parking
    • Concrete
    • Parking Lot
  • Water Features
    • Public
  • Utilities
    • Electricity Connected
Listing Courtesy: Golden Realty - 214-888-3876
Presented by: Robert Han
Dallas MLS - N.T.R.E.I.S. logoThe data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the NTREIS Multiple Listing Service. Real estate listings held by brokerage firms other than this broker are marked with the Broker Reciprocity logo and detailed information about them includes the name of the listing brokers.
Last Updated: 2026-04-23 07:49:17
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EXIT REALTY ELITE
129 S. Main St, Ste 260, Grapevine, TX 76051
Jerry Hawn
License #: 0706288
Sales Representative
Office
817 925 5503
Agent
817 905 9019
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