M&M Arranges Sale of 36,485 SF Retail Property in Frisco
FRISCO, TEXAS — Marcus & Millichap has arranged the sale of Shops of Eldorado I & II, a 36,485-square-foot retail property located in Frisco. Philip Levy of Marcus & Millichap’s Fort Worth office marketed the property on behalf of the seller, a developer. Levy also secured the buyer, a private investor. Built in 2007, Shops of Eldorado I & II is located on 3.7 acres at 12398 and 12399 FM 423. All leases are triple net, and 55 percent of the occupied space includes personal guaranties. The center is 85 percent leased to a mix of retail and medical office tenants, including PetSense, orthodontist Dr. Castano-Rendon, Bella Nails, pediatric dentist Dr. Davis and Love Sushi.