7151 Preston Road, Frisco, TX, 75034, US

Preston Stonebrook

Asset description

We are excited to bring to market Preston Stonebrook, a 93% leased, 53,553 square foot shopping center in Frisco, TX. Located along Preston Road, the Property draws in over 380,000 visitors per year and boasts a diversified rent roll with 27% below market rents.

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Attributes

Building area net

53,553 sf

Occupancy

93%

Year built

1997

WAULT

4.7 years

Media

Investment highlights

Dominant retail destination drawing from $158K average household income & 120K daytime population (within 3-miles)
Iconic Preston Road - spine of Dallas' northern growth
93% leased with 24K+ SF of recent leasing momentum
Historical tenancy - 10.6 years weighted average lease tenure
27% below market rents