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Property profile & analytics
OFF-MARKET
Retail properties & Spaces

1658 University Dr McKinney, TX 75069

532 SF
Property ID
Property summary
AI-generated overview

This exceptional investment opportunity presents a 532 square foot Jamba Juice storefront located at 1658 W University Dr, McKinney, TX 75069. The property is situated on a high-traffic corridor (US 380), boasting over 30,647 vehicles per day, and benefits from a strong retail environment anchored by Sam's Club and surrounded by major retailers such as Kroger, WinCo, Academy Sports + Outdoors, Target, Lowe's, and Home Depot. The tenant operates under a 15-year ground lease with approximately 9 years remaining and four 5-year renewal options, showcasing a long-term commitment. The lease includes attractive 10% rental increases every five years, providing inflation protection and growing net operating income (NOI). This is an absolute NNN lease, meaning zero landlord responsibilities, making it an ideal, management-free investment for passive investors. The building features Jamba Juice's newer prototype design with modern amenities and a drive-thru lane for increased efficiency and sales. The corporate guarantee from Jamba Juice Company, a subsidiary of Focus Brands (a large, multi-brand company), provides significant financial security. This turnkey investment offers a compelling combination of strong tenant, location, and lease terms.

Property profile
Verified
Property type Retail properties & Spaces
Total area 532 SF
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Jamba Specialty Food Shop (Bike/Boat/Book/etc) Store
Value estimations
Realmo proprietary · 4 methods
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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