2221 FM 423 2,325 SF of Retail Space Available in Little Elm, TX 75068

HIGHLIGHTS

  • QSR with driveway access from FM 423
  • Mixed development with 30,000 sq.ft retail and 56 town homes
  • 60k/day vehicular traffic
  • Opportunity to increase square footage from 2350 to 2700 sq.ft with 28 approved parking spaces.

SPACE AVAILABILITY (1)

Display Rental Rate as

  • SPACE
  • SIZE
  • TERM
  • RENTAL RATE
  • RENT TYPE
  • 1st Floor
  • 2,325 SF
  • 15-20 Years
  • $110.66 CAD/SF/YR
  • Triple Net (NNN)
Space Use
Retail
Condition
Full Build-Out
Availability
2025-08-01

New 2025 construction The site is located on a 11 acre lot with mixed development zoning with approved PD for 3 retail buildings (30,000 sq.ft), 56 town homes. FM423 has vehicular traffic of ~ 32,500/day traveling North - South on FM423 and there are over 193,422 residential rooftops within a 5 mile radius. Next to Goody Goody and across Kroger Marketplace anchored shopping center. Nearby national retailers include Aldi, 24Hr Fitness, Walmart Supercenter, Fix Brewhouse, Starbucks, Arby's, Schlotzsky's among others.5

  • Lease rate does not include utilities, property expenses or building services
  • Fully Built-Out as a Fast Food Restaurant
  • Central Air Conditioning
  • Mixed development with 30,000 sq.ft retail and 56
  • High traffic residential and business traffic
Space Size Term Rental Rate Rent Type
1st Floor 2,325 SF 15-20 Years $110.66 CAD/SF/YR Triple Net (NNN)

1st Floor

Size
2,325 SF
Term
15-20 Years
Rental Rate
$110.66 CAD/SF/YR
Rent Type
Triple Net (NNN)
Space Use
Retail
Condition
Full Build-Out
Availability
2025-08-01

New 2025 construction The site is located on a 11 acre lot with mixed development zoning with approved PD for 3 retail buildings (30,000 sq.ft), 56 town homes. FM423 has vehicular traffic of ~ 32,500/day traveling North - South on FM423 and there are over 193,422 residential rooftops within a 5 mile radius. Next to Goody Goody and across Kroger Marketplace anchored shopping center. Nearby national retailers include Aldi, 24Hr Fitness, Walmart Supercenter, Fix Brewhouse, Starbucks, Arby's, Schlotzsky's among others.5

  • Lease rate does not include utilities, property expenses or building services
  • Fully Built-Out as a Fast Food Restaurant
  • Central Air Conditioning
  • Mixed development with 30,000 sq.ft retail and 56
  • High traffic residential and business traffic

PROPERTY FACTS

Total Space Available 2,325 SF
Property Type Retail
Gross Leasable Area 2,325 SF
Year Built 2026
Construction Status Proposed

ABOUT THE PROPERTY

This a corner lot (next to Goody Goody) of the mixed development space with 30,000 sq.ft retail and 56 town homes. This on FM 423 with heavy vehicular traffic of about 32,500 / day.

NEARBY MAJOR RETAILERS

Sunny Street Cafe
Kroger
Chase Bank
Anytime Fitness
Starbucks
Gold's Gym
The Brass Tap
Palio’s Pizza Café
Applebee's
Frost Bank
  • Listing ID: 32812102

  • Date on Market: 2024-08-15

  • Last Updated:

  • Address: 2221 FM 423, Little Elm, TX 75068