714 Main StAllen, TX 75002
Fee simple, 5,678 SF QSR, 5.75% cap rate.
Overview
- Added:
- Dec 11, 2024
- Days on market:
- 94
Highlights
- 15-Year NNN Sale-Leaseback with 3 five-year renewal options and 10% rental increases every five years.
- Fee-simple ownership with absolute NNN lease; zero landlord responsibilities.
- Located in a dense retail corridor near Hobby Lobby, Walgreens, and Staples, plus Allen High School and Ford Middle School.
- High visibility on E. Main Street (34,200 VPD) and near US Hwy 75 (184,000 VPD); includes a 1,200 sq ft office building.
- Strong demographics: 5-mile trade area with over 245,000 residents and 76,000 employees; average household income over $161,952 within a 3-mile radius.
Property Details for 714 Main St
- Property type
- Other retail properties, Restaurants
- Square Feet
- 5,678 SF
- Year Built
- 2007
- Lot Size (sq. ft)
- 57,064 SF
Location Insight
- City
- Allen
- County
- Collin
- State
- Texas
- Latitude
- 33.1001293
- Longitude
- -96.6559864
Nearby Similar for Sale
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