Over View
3 acres of Commercial (Retail & Office) construction project near Lexington Country Main Gate.
Location: Coit Road, Frisco, TX
Coordinates: 33.160076, -96.767174
Near by : Lexington Country Community, Landon Homes Estate
- Frisco, is one of the fastest growing city and one of the Best Place to Live in the United States.
- Lexington Phase 1 (3 acres ) land located right in the center of Frisco, TX Facing Coit Road, between Main Street and Eldorado Parkway right next to Lexington Country Community main gate.
- Opposite to the Land Expecting 3000 Units Brand New Apartments and 3000 Single Family homes by Landon homes and Toll brothers
- Plan is to build Approximately 29000 SQ Ft (4 Buildings) Restaurant, Retail and Medical Office space in total.
- Very limited commercial space available in the Neighbourhood and on Coit Road.
Business Plan
- Plan is to develop 3 Acres of commercial land and construct Shell Buildings with mixed use Restaurant, Retail & Office space.
- Market to Identify potential National Level Tenants/Users and sell the Shell buildings.
- Restaurant Space : 6772 SF
- Retail Space : 9340 SF
- Office Space : 13000 SF
Entity Structure
- Property will be on 1 single entity with all 35 shareholders as owners with respective ownership percentages
- Entity Name : Suniksha Ventures LP
- A Legal operating partnership agreement will be prepared by attorney on the ownership
- GP’s will be managing the property, communications, coordination work
Financial Highlights
Capital Raising
$3.5M
Expected Returns
70-80%
Cost Per Share
$100k
Price
$17.5/Sq.Ft
No of Shares
35
Project Duration
18 Months
Projected Timeline
11-15-2022
Option Free Hard
12-15-2022
Individual LLC Creation/Amount Ready
12-25-2022
Money Transfer Deadline
12-31-2022
Operating Agrement Delivery
01-09-2023
Closing Date
-
11-15-2022
Option Free Hard
-
12-15-2022
Individual LLC Creation/Amount Ready
-
12-25-2022
Money Transfer Deadline
-
12-31-2022
Operating Agrement Delivery
-
01-09-2023
Closing Date