Frisco Retail

BHFS Theatre Space
Frisco, TX
# Frisco Square Retail #### **FRISCO SQUARE** Frisco Square is a multi-phased, mixed-use development that is anchored by Toyota Stadium (formerly Pizza Hut Park) to the North and Frisco’s City Hall to the South. The development is situated on 147 acres and currently includes five mixed-use buildings with 101,000 square feet of office space, 71,000 square feet of retail space; a 12-screen Cinemark Theatre, 114 apartment units, and about 30 acres of remaining land for future uses. PegasusAblon has started construction on an additional 275 residential units and Encore Enterprises has started construction on their 165,000 SF office building which will include Gearbox Software - estimation completion in 2015. Peloton is planning a 40,000 SF offi ce building at the SWC of Main Street & Coleman Blvd. The project is anchored by a state-of-the-art, “Next Gen XD” Cinemark theater, Forest Park Medical Center, and City Hall, which all attract millions of visitors each year from both the immediate trade area and regional markets. Frisco Square is an ideal platform for established & emerging brands who are seeking great market fundamentals, increased visibility & exposure, and a rapidly expanding customer base. Features - +100,000 Combined VPD on Main Street & Dallas North Tollway - Vision will Include +4M SF of Offi ce, Residential, Medical & Retail - Average HH Income in excess of $107,000 in the Immediate Trade Area - 2011 - 2016 Population Growth Estimated to be 5X National Avg.

Frisco

Office Space Market Report

Number of Listings (last 90 days)
12
Median Rate ($/sqft/yr)
$33
Median Size (sqft)
7,910
As of: February 21, 2017

Frisco Rates

On average, listings lease in the $30's per square foot per year. The Frisco submarket is going through a decline in rates. In the last 3 months, the median rate fell $3 per sqft per year. That's a 7% decrease in rent.

Compared to the rest of the DFW Metroplex market, the Frisco submarket has higher rates, and you'll have to negotiate above asking rent to be in this hot submarket.

Frisco Listing Supply

In the last 90 days, 12 listings have been made available, which means listings are probably going fast. You'll want to be prepared to tour spaces as quick as possible. About 8% of the office spaces in the Frisco are subleases, so you will probably have to consider a longer term lease. There aren't many listings below 2,000 square feet on the market, so finding a space for a small business might be tough.

Even though the median size is 7,910 sqft, there are still 0 listings below 2,000 sqft. Most properties in this area are close to 2 stories. Most buildings in this area were built in 2006 and are Class A.

Frisco Community

Market Report

Trends and status of the commercial real estate market in Frisco.
Market Report

Market Data

Real time and historical data on commercial real estate listings in Frisco.
Research

Frisco Submarkets