Date
Details
Price
Change
Source
2/27/2026
Listed
$750,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
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$750,000 Just Listed
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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.
Full Property Details
Full Property Details for 25691 Smotherman Rd #160
General
- Price: $750,000
- Taxes: $8,641
- Status: Active
- Type: Retail
- Source: NTREIS
- MLS ID: 21192377
- Updated: 3/4/2026
- Added to Site: 6 day(s) ago
Business
- Business Type: Retail
Interior
- Flooring: Ceramic Tile, Hardwood
Additional Information
- Security/Safety: Security System Owned, Security System, Carbon Monoxide Detector(s), Fire Alarm, Fire Sprinkler System
Parking
- Parking Features: Concrete, Parking Lot
Location
- County: Denton
- Subdivision: Lotus shopping center
- Driving Directions: google map; on northeast corner of FM 423 and Smotherman rd
Heating & Cooling
- Central air: Yes
- Air Conditioning: Yes
- Cooling Type: Central Air, Ceiling Fan(s), Electric, ENERGY STAR Qualified Equipment
- Heating Type: Central, Electric
Utilities
- Sewer: Public Sewer
- Water: Public
- Utility Description: Electricity Connected, Sewer Available, Water Available
Structural Information
- Detached/Attached: Detached
- Construction: Brick, Rock, Stone, Stone Veneer
- Roof: Concrete, Flat
- Stories/Levels: 1
- Square Feet: 1,198
- Sq. Ft. Source: Appraiser
- Year Built: 2022
Lot Features
- Lot Size (Acres): 3.05
- Lot Size (Sq. Ft.): 132,858
- Lot Size Source: Appraiser
- Frontage: City Street
- Potential Use: Food Service, Medical/Dental, Office, Place of Worship, Restaurant, Retail
- Zoning: LC
Financial Considerations
- Tax Amount: $8,641
- Terms: Assumable, Cash, Conventional, 1031 Exchange
- Owner Pays: Association Fees, Common Area Maintenance, Insurance, Sewer, Water
- Tenant Pays: Association Fees, All Utilities, Common Area Maintenance, Cable TV, Electricity
Disclosures and Reports
- Legal Description: LOTUS SHOPPING CENTER UNT 160 PLUS 6.65 % INT
- Inclusions: Building Only
- Property ID: R1012790
Listed by Golden Realty, Robert Han
We Value Your Privacy
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Listing agent
— 25691 Smotherman Rd #160 —
Robert Han
Golden Realty
214-888-3876
NMLS#: 1598647Get Pre-Approved Today
Schools
Schools serving 25691 Smotherman Rd #160
School District:Frisco Independent School District
| Name | Grades | Distance |
|---|---|---|
Corbell Elementary School 11095 Monarch Drive, Frisco, TX 75034 | K-5 | 0.5 mi |
Purefoy Elementary School 11880 Teel Parkway, Frisco, TX 75034 | K-5 | 1.7 mi |
Cobb Middle School 9400 Teel Parkway, Frisco, TX 75034 | 6-8 | 1.7 mi |
Lone Star High School 2606 Panther Creek Parkway, Frisco, TX 75034 | 9-12 | 2.3 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 25691 Smotherman Rd #160
Estimate the Cost
Estimate the Cost for 25691 Smotherman Rd #160
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25691 Smotherman Road #160, Little Elm, TX 75034 (MLS# 21192377) is a Retail property. 25691 Smotherman Road #160 is currently listed for $750,000 and was received on February 27, 2026. Want to learn more about 25691 Smotherman Road #160? Do you have questions about finding other Retail real estate for sale in Little Elm? You can browse all Little Elm real estate or contact a Coldwell Banker agent to request more information.