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    1658 University Dr McKinney, TX 75069

    Sponsored
    For Sale
    Contact for pricing

    NNN Ground Lease: 9 Years Remaining

    Property size:
    532 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    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.

    Property Features for 1658 University Dr

    General Information

    Property type
    Restaurants
    Square Feet
    532 SF

    HighLights

    • 15‑year ground lease with 9 years remaining.
    • Four, five‑year tenant renewal options.
    • Triple‑net (NNN) ground lease.
    Property Profile Location Intelligence

    Current Use by Public Records

    Jamba Juice Shop

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    McKinney
    County
    Collin
    State
    Texas
    Longitude
    -96.6302956
    Latitude
    33.2168831

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    FAQs

    What type of property is this?
    Restaurant - NNN Ground Lease: 9 Years Remaining
    Where is this restaurant located?
    The property is located at 1658 University Dr McKinney, TX.
    What are key features of this property?
    This property features: 15-year ground lease with 9 years remaining.; Four, five-year tenant renewal options.; Triple-net (NNN) ground lease.
    Request Owner's contact information
    1658 University Dr McKinney, TX 75069
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    McKinney, TX 75069
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1658 University Dr McKinney, TX 75069
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