Highlands at Panther Creek — Sale in Frisco, TX
- Price: Contact for price
- Listing type: For sale
- Asset type: Retail Business
- Location: Frisco, TX 75033
Description
25 Acre Retail Shopping Center (Coming Soon) •Close proximity to PGA of America HQ & PGA’s Fields Ranch Golf Courses. •A stone’s throw away from the future “Universal Studios” theme park & the “Fields West” expansive mixed-use development. Fields West is boasting over 14,000 homes, apartments, Class A office, high end retail and a 5-star hotel. • Situated on NEC of the heavily traveled intersection of FM 423 & Panther Creek Parkway. •Services the high growth and affluent neighborhoods immediately surrounding the site. •Area retailers include Walmart Supercenter, Hobby Lobby, Lowe’s , Home Depot, Kroger Marketplace, Sprouts, Academy Sports, LA Fitness, etc.
Market Context
This retail in Frisco, TX is listed for sale. It has been on the market for 196 days. Compare it against other retail listings for sale in Frisco, TX — view the full market.
As of Q4 2025, the Dallas / Fort Worth retail market showed a 5.0% vacancy rate, average asking rents near $15.71/SF/yr, rents up 4.9% year over year, and cap rates around 6.8%. Source: multiple brokerage reports, Q4 2025.
Rising rents point to a competitive market where well-priced, well-located assets trade quickly.
Retail market FAQ
- What is the typical cap rate for retail in Dallas / Fort Worth?
- About 6.8% as of Q4 2025, per multiple brokerage reports.
- Is the Dallas / Fort Worth retail market tightening or softening?
- Vacancy is around 5.0%, with asking rents rising year over year (Q4 2025).
Contact
- Dan Shoevlin · 214 252 1186 · dan.shoevlin@cbre.com
- Thurston Witt · 214 252 1153 · w.thurston.witt@cbre.com
- Taylor Roberts · 214 252 1154 · taylor.roberts@cbre.com
Explore this market
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