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Absolute NNN Lease Property
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27710 E University Dr, Little Elm, TX 75068

Fee-simple land and building leased under an absolute NNN structure with no landlord obligations.

Property SizeContact for details
Days on Market144

Property Features for 27710 E University Dr

General Information

Standard status Active
Property subtype Retail

Building Details

Tenancy Single
Listing Agency: The Kase Group
Listed By: Kase Abusharkh · License #TX 708586
Source: Crexi
Added: Apr 10 Changed: Aug 31 Last Checked: Aug 31 at 4:13AM

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 The Kase Group

Investment Insights

Based on property information with market context.

This fee-simple commercial property includes the underlying land and building subject to an absolute NNN lease. The lease provides for a new 15-year initial term, with no landlord obligations identified in the property information.

The agreement also includes three 5-year renewal options. Scheduled increases occur every five years, including during the option periods. Service King Collision Repair is identified as the tenant.

Key Highlights

  • Absolute NNN lease with zero landlord obligations
  • Fee‑simple interest includes the underlying land and building
  • New 15‑year initial lease term

Property Analytics

Current Use

Auto shops

Suggested Use

Top Pick Real Estate Agency Dental Office Electrical Service (Bike/Boat/Book/etc) Store Nail Salon Pharmacy

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

Single-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

80
Businesses Nearby
26k
Monthly Visits Nearby

Foot Traffic Nearby

Shops & Services 54% Dining 46%
7-Eleven Shops & Services
14,232 visits/mo 0.5 miles
Starbucks Dining
7,410 visits/mo 0.5 miles
Dunkin' Donuts Dining
3,517 visits/mo 0.4 miles
Marco's Pizza Dining
979 visits/mo 0.4 miles

Demographics for 75068, TX

66,248
Population
23,499
Households
2.8
Avg Household Size
34
Median Age
43%
College-Educated
92%
High-School Grad
27.9 sq mi
ZIP Area
2,374
Density / Sq Mi
$126,341
Median Household Income
$66,559
Median Earnings
$2,161
Median Rent
$386,300
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?
NNN property - Fee-simple land and building leased under an absolute NNN structure with no landlord obligations.
Where is this nnn property located?
The property is located at 27710 E University Dr Little Elm, TX.
What are key features of this property?
This property features: Absolute NNN lease with zero landlord obligations; Fee‑simple interest includes the underlying land and building; New 15‑year initial lease term
(925) 348-1844 Call to check price and availability
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