Properties

Little Elm, TX 75034 25691 Smotherman Road # 160

25691 Smotherman Road # 160 Little Elm, TX - Image 125691 Smotherman Road # 160 Little Elm, TX - Image 225691 Smotherman Road # 160 Little Elm, TX - Image 3
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25691 Smotherman Road # 160 Little Elm, TX - Image 425691 Smotherman Road # 160 Little Elm, TX - Image 525691 Smotherman Road # 160 Little Elm, TX - Image 625691 Smotherman Road # 160 Little Elm, TX - Image 725691 Smotherman Road # 160 Little Elm, TX - Image 825691 Smotherman Road # 160 Little Elm, TX - Image 925691 Smotherman Road # 160 Little Elm, TX - Image 10
Presented By: Golden Realty
  • MLS# 21192377
  • 02/27/2026
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Home Details

Rare opportunity to own a 1,198 SF road-front retail condo at 25691 Smotherman Rd, Unit 160, in one of Friscoโ€™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.
Presented By: Golden Realty

Interior Features for 25691 Smotherman Road # 160

Other Interior Features

SQFT Gross1198
Lock Box TypeNone
FlooringCeramic Tile, Hardwood
Total Stories1
Total Units1

General for 25691 Smotherman Road # 160

Building UseBar/Taverns, Beauty/Barber, Church, Food Service, Medical, Office, Restaurant, Retail
Business TypeRetail
Ceiling Height11 to 14 Feet
CityLittle Elm
Construction MaterialsBrick, Rock/Stone, Stone Veneer
CoolingCeiling Fan(s), Central Air, Electric, ENERGY STAR Qualified Equipment
CountyDenton
Directionsgoogle map; on northeast corner of FM 423 and Smotherman rd
Gross Annual Expenses11980.00
HeatingCentral, Electric
Listing Terms1031 Exchange, Cash, Conventional, Conventional Assumable
Possession30-60 Days
Property SubtypeRetail
Property TypeCommercial Sale
RoofConcrete, Flat
Security FeaturesBurglar, Carbon Monoxide Detector(s), Fire Alarm, Fire Sprinkler System, Security System Owned
Standard StatusActive
StatusActive
Subdivision NameLotus shopping center
Tenant PaysAll Utilities, Association Fees, Cable TV, Common Area Maintenance, Electricity
Unexempt Taxes8641
Unit Number160
UtilitiesCity Sewer, City Water, Electricity Connected
Virtual Tour URL UnbrandedClick here
Will SubdivideNo
Year Built2022
Year Built DetailsPreowned
Zoning DescriptionLC

Exterior for 25691 Smotherman Road # 160

Building Area Total1198.00
Construction Materials WallsMetal
Foundation Slab
Lot Size3 to < 5 Acres
Lot Size Acres3.0500
Lot Size Area3.0500
Lot Size SourceAppraiser
Lot Size Square Feet132858.0000
Lot Size UnitsAcres
Parking FeaturesConcrete, Parking Lot
Road Frontage TypeCity Street
WaterfrontNo

Additional Details

Price History

Connect Realty

Price $750,000
MLS#21192377
List Date 02/27/2026
Property Type Commercial
Phone 888.795.6274
Get pre-approved
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Contact Us

info@connectrealty.com
2170 Buckthorne PL. #100
The Woodlands, TX 77380
866-938-0924
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