1658 University Dr McKinney, TX 75069
- Retail properties
- 532 SF
Current Use by Public Records
- Jamba / Juice Shop / Health Food Restaurant
Property Details for 1658 University Dr
- Property size
- 532 SF
- Property type
- Retail properties
- Property subtype
- Restaurants
Description
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.
Value Estimation
-
CAP approach
-
Comparable approach
-
Alternative Use
Location Insight
- Map
- Local Demand
- City
- McKinney
- County
- Collin
- State
- Texas
- Longitude
- -96.6303
- Latitude
- 33.2169
