6947 Main St
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6947 Main St
1,750 SF Retail Building Frisco, TX 75034 £736,788 (£421/SF) 6.50% Net Initial Yield
Executive Summary
Woodbine Commercial is pleased to offer 6947 Main Street. This stabilized retail asset is fully leased to It’s A Secret Med Spa, one of the highest grossing med spas in the country.
• High-quality regional credit med spa tenant offering a comprehensive range of non-surgical aesthetic services, including injectable treatments of neurotoxins and fillers, laser resurfacing, and hair removal.
• It’s A Secret Med Spa has 15 locations across the country. This location is one of the original established locations.
• 10-year lease term would commence upon the sale of the property.
• High visibility fronting Frisco’s historic Main Street.
• Great co-tenancy, next door to Summer Moon Coffee.
• Five reserved parking spaces on the south side of the building.
• Close proximity to Dallas North Tollway and Toyota Stadium.
• High-quality regional credit med spa tenant offering a comprehensive range of non-surgical aesthetic services, including injectable treatments of neurotoxins and fillers, laser resurfacing, and hair removal.
• It’s A Secret Med Spa has 15 locations across the country. This location is one of the original established locations.
• 10-year lease term would commence upon the sale of the property.
• High visibility fronting Frisco’s historic Main Street.
• Great co-tenancy, next door to Summer Moon Coffee.
• Five reserved parking spaces on the south side of the building.
• Close proximity to Dallas North Tollway and Toyota Stadium.
Property Facts
Sale Type
Investment
Sale Condition
Sale & Leaseback
Property Type
Retail
Property Subtype
Freestanding
Building Size
1,750 SF
Year Built
1970
Price
£736,788
Price Per SF
£421
Net Initial Yield
6.50%
NOI
£47,891
Tenancy
Single
Number of Floors
1
Building FAR
0.50
Lot Size
0.08 AC
Parking
5 Spaces (2.86 Spaces per 1,000 SF Leased)
Walk Score ®
Very Walkable (76)
Nearby Major Retailers
1 of 16
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6947 Main St
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