Summit RE announced the closing of 3 Corners Plaza – Building 9 in Frisco, Texas.
The 100% occupied, 14,537-square-foot retail center is located on Coit Rd. This is Summit RE’s fourth and final closing of the 3 Corners Project at the Southwest Corner of Highway 380 and Coit.
There are over 199,046 people within a 5-mile radius, with an average household income exceeding $172,151. Over 41,680 vehicles per day travel past the center on University Drive.
Hudson Lambert of Summit RE exclusively represented the seller, a local developer partnership with United Commercial Development. The buyer was an all-cash exchange buyer based out of Dallas Fort Worth. Additional terms of the sale were not disclosed.
