Listing Agency: The Weitzman Group | Dallas m***@weitzmangroup.com Show Phone

Listed By: Michelle Caplan · License #TX#464232 Show Phone

Source: Moodyscre

Added: Jul 11, 2025 Changed: Aug 8 Last Checked: Aug 8 at 5:20AM

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Investment Insights

Based on property information with market context.

This retail property features a 15-year ground lease, with approximately 9 years remaining on the current term. The tenant has the option to extend the lease with 4 additional 5-year terms. The lease is structured as an absolute NNN ground lease. The property has a size of 532 square feet and is located in McKinney, TX.

Key Highlights

• Absolute NNN ground lease
• Tenant has 4 (5‑year) options to extend
• 15‑year ground lease

Property Analytics

Property Profile

Current Use

Jamba Specialty Food Shop

Suggested Use

Top Pick Real Estate Agency Parking Lot & Garage (Bike/Boat/Book/etc) Store Storage Facility Grocery & Convenience Store Kitchen & Bath Showroom

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

Location Intelligence

Trade Area within ½ mile

1,177

Businesses Nearby

493k

Monthly Visits Nearby

Explore this area Business Placement

Foot Traffic Nearby

Superstores 40% Dining 19% Groceries 15% Apparel 14%

Walmart Superstores

103,954 visits/mo 0.3 miles

Sam's Club Superstores

91,623 visits/mo 0.1 miles

Academy Sports + Outdoors Apparel

53,456 visits/mo 0.3 miles

WinCo Foods Groceries

47,538 visits/mo 0.2 miles

Sam's Club Gas Station Shops & Services

29,524 visits/mo 0.1 miles

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

Questions? Ask Rey

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Frequently Asked Questions

What type of property is this?

Retail space - Retail space with an existing long-term ground lease.

Where is this retail space located?

The property is located at 1658 W University Dr McKinney, TX.

What are key features of this property?

This property features: Absolute NNN ground lease; Tenant has 4 (5‑year) options to extend; 15‑year ground lease