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Single-Tenant Restaurant with Absolute NNN
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1001 W University Dr, McKinney, TX 75069

Recently renovated Golden Chick is 100% leased under a new 20-year Absolute NNN structure.

Property SizeContact for details
Days on Market124

Property Features for 1001 W University Dr

General Information

Standard status Active
Property subtype Retail
Occupancy 100%

Site & Location

Traffic Count 31,500 vehicles/day
Highway Access Yes
Road Access Yes

Building Details

Year Renovated 2022
Tenancy Single
Listing Agency: JLL - Dallas | Cedar Springs, Texas
Listed By: Caroline Pinkston · License #601565
Source: Crexi
Added: Apr 11 Changed: Aug 8 Last Checked: Jul 22 at 8:51AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of JLL - Dallas | Cedar Springs, Texas

Investment Insights

Based on property information with market context.

Jones Lang LaSalle Americas, Inc. (JLL) is pleased to offer the opportunity to acquire the fee-simple interest in a recently renovated, single-tenant Golden Chick restaurant. The property was extensively renovated in 2022, including a new roof, walk-in freezer, kitchen floor, increased storage, exterior paint, windows, lighting, signage, fencing, and lobby and dining room updates. The asset is operated by SXTHREE LLC under a brand new 20-year Absolute NNN lease with 1.5% annual rent increases and four, five-year renewal options.

Located on W University Drive (US 380) in a dense commercial corridor, the property benefits from 31,500+ VPD and more than 122,000 affluent residents within a 5-mile radius. The offering is positioned 30 miles northeast of the Dallas-Fort Worth (DFW) metroplex.

Golden Chick operates as a nationally recognized restaurant brand with 210 locations, with committed plans to open more than 500 locations by 2030.

Key Highlights

  • Recently renovated Golden Chick at 1001 W University Drive (US 380) in McKinney, TX
  • Extensive 2022 renovations: new roof, walk‑in freezer, kitchen floor, increased storage, exterior paint, windows
  • Updated lighting, signage, fencing, and lobby/dining room improvements

Property Analytics

Current Use

Golden Chick Restaurant

Suggested Use

Top Pick Parking Lot & Garage (Bike/Boat/Book/etc) Store Catering Service Butcher Pet Grooming Service Fish Market

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

31,500 VPD
Traffic count
100%
Occupancy
Single-tenant
Tenancy
Yes
Highway access
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

708
Businesses Nearby
248k
Monthly Visits Nearby
Balanced
Demand for This Use

Foot Traffic Nearby

Dining 56% Groceries 22% Shops & Services 21% Beauty & Spa 1%
Kroger Groceries
55,453 visits/mo 0.2 miles
Chick-fil-A Dining
29,541 visits/mo 0.1 miles
McDonald's Dining
23,534 visits/mo 0.2 miles
Whataburger Dining
19,622 visits/mo 0.2 miles
Kroger Fuel Center Shops & Services
19,366 visits/mo 0.2 miles

Demographics for 75069, TX

39,084
Population
16,958
Households
2.3
Avg Household Size
38
Median Age
37%
College-Educated
88%
High-School Grad
33.7 sq mi
ZIP Area
1,160
Density / Sq Mi
$82,804
Median Household Income
$42,816
Median Earnings
$1,530
Median Rent
$413,700
Median Home Value

Market

Vacancy Rate% for Retail in South region

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025
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Frequently Asked Questions

What type of property is this?
Conventional restaurant - Recently renovated Golden Chick is 100% leased under a new 20-year Absolute NNN structure.
Where is this conventional restaurant located?
The property is located at 1001 W University Dr McKinney, TX.
What are key features of this property?
This property features: Recently renovated Golden Chick at 1001 W University Drive (US 380) in McKinney, TX; Extensive 2022 renovations: new roof, walk‑in freezer, kitchen floor, increased storage, exterior paint, windows; Updated lighting, signage, fencing, and lobby/dining room improvements
More about this property
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