$750,000
( )
 $4,026 est/mo Sourced by Back At You

25691 Smotherman Road 160,Little Elm, TX 75034

Little Elm, TX 75034

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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.

Details

MLS #21192377
Listing TypeFor Sale
StyleRetail
Sub-TypeResale
StatusActive
Year2022
Days On Site182
Listing Provided ByGolden Realty | Robert Han

Features

SQ Feet1,198
Story(s)1
ZoningLC
Acreage3.05

Interior

CoolingCeiling Fan(s), Central Air, Electric, ENERGY STAR Qualified Equipment
HeatingCentral, Electric

Exterior

RoofConcrete, Flat
Security FeaturesBurglar, Carbon Monoxide Detector(s), Fire Alarm, Fire Sprinkler System, Security System Owned
Construction MaterialsBrick, Rock/Stone, Stone Veneer
Foundation DetailsSlab

Parking

Parking FeaturesConcrete, Parking Lot

Utilities

UtilitiesCity Sewer, City Water, Electricity Connected

Taxes

Unexempt Taxes8641
Tax Legal DescriptionLOTUS SHOPPING CENTER UNT 160 PLUS 6.65 % INT

Area Information

StateTX
CountyDenton
CityLittle Elm
Zip Code75034
AreaDenton
Community NameLotus shopping center
Listing VS Median (in Lotus shopping center)
Price:
$750,000
low | high
Med:
$750,000
50% of Average
sqft:
1,198
low | high
Med:
1,198
50% of Average
$ / sqft:
$626
low | high
Med:
$626
50% of Average
On site:
182
low | high
Med:
182
100% of Average
Sourced by Back At You

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All information provided by the seller and is deemed to be correct, but is not guaranteed. Buyer to verify and satisfy themselves with all information listed including but not limited to lot size, room sizes and square footage.  Buyers are encouraged to have property inspected by inspector of their choice.  Price subject to change. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. You may not reproduce or redistribute this data—it is for viewing purposes only. This data is deemed reliable, but is not guaranteed accurate by the MLS or NTREIS.

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Learn More About This Property

StateTX
CountyDenton
CityLittle Elm
Zip Code75034
AreaDenton
Community NameLotus shopping center
Listing VS Median (in Lotus shopping center)
Price:
$750,000
low | high
Med:
$750,000
50% of Average
sqft:
1,198
low | high
Med:
1,198
50% of Average
$ / sqft:
$626
low | high
Med:
$626
50% of Average
On site:
182
low | high
Med:
182
100% of Average
Sourced by Back At You
Listing Updated: June 5, 2026 at 4:12:25 PM PDT
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