1658 University DrMcKinney, TX 75069

For Sale
Call for price

NNN Ground Lease: 9 Years Remaining

Overview

Added:
Dec 11, 2024
Days on market:
92
This exceptional investment opportunity presents a 532 square foot Jamba Juice restaurant located at 1658 W University Dr, McKinney, TX 75069. The property is situated on a highly trafficked US 380 corridor (over 30,647 vehicles daily), anchored by a Sam's Club and surrounded by major retailers including Kroger, WinCo, Academy Sports + Outdoors, Target, Lowe's, and Home Depot. The tenant operates under a 15-year absolute NNN ground lease with approximately 9 years remaining, offering significant long-term stability. Four 5-year renewal options further solidify the investment's longevity. The lease includes attractive 10% rental increases every 5 years, providing built-in growth and inflation protection. The Jamba Juice location features a modern design and a drive-thru lane, enhancing operational efficiency and sales potential. The corporate guarantee from Jamba Juice Company, a subsidiary of Focus Brands (owner of seven iconic brands with 6,600+ locations worldwide), ensures financial strength and security. This is a management-free investment opportunity ideal for passive investors seeking a stable, high-growth potential asset in a prime retail location. The property benefits from a strong tenant, a favorable lease structure, and a strategic location within a thriving retail environment. This is a rare opportunity to acquire a well-established, high-performing Jamba Juice location with significant upside potential.

Highlights

  • 15-year ground lease with 9 years remaining.
  • Four, five-year tenant renewal options.
  • Triple-net (NNN) ground lease.

Location Insight

City
McKinney
County
Collin
State
Texas
Latitude
33.2168831
Longitude
-96.6302956
1658 University Dr, McKinney, Texas

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?
Please email our support team at [email protected] and they will add the team member.
How do I access a private listing?
Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
How do I unsubscribe from emails?
At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].
1658 University Dr
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your first name
Please enter your last name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Select size
Please enter message