Black Rock Coffee Bar is strategically located at the signalized, hard corner intersection of FM 423 and Old Newman Road, with access to a combined daily traffic count of 48,786 vehicles. FM 423 serves as a major thoroughfare in Frisco that connects Highway 121 to Highway 380. Surrounding the property are well-known national tenants such as Sonic, Papa John's, 7-Eleven, Exxon, Public Storage, and others. Moreover, the site enjoys a prime location within 4 miles of the Fields West Development, which comprises the PGA Headquarters, Universal Studios Theme Park, 11 million sqft of office space, 1,000,000 sqft of retail space, 5,000 homes, 8,500 multifamily units, and 8 luxury hotels, including the Ritz Carlton, Omni, and JW Marriott. The 5-mile trade area is supported by a population of 231,579 residents with an affluent average household income of $167,542. Frisco is a city in the state of Texas, located in Collin and Denton counties. It is part of the Dallas–Fort Worth metroplex. Its population was 200,509 in the 2020 census. The subject property is located approximately 29 miles from Dallas, TX.