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1516 W University Dr
Mckinney, TX 75069
Take 5 Oil Change · Retail Property For Sale

PROPERTY FACTS

Property Type
Retail
Property Subtype
Auto Repair
Building Size
1,418 SF
Building Class
B
Year Built
2020
Tenancy
Single
Building Height
1 Story
Building FAR
0.08
Lot Size
0.42 AC
Zoning
F1
Parking
45 Spaces (10 Spaces per 1,000 SF Leased)
Frontage
104’ on West University Drive

ABOUT 1516 W UNIVERSITY DR , MCKINNEY, TX 75069

- Brand New 10-Year Ground Lease Commencing in Early 2020 - Property is Currently Under Construction — New State-of-the-Art Ground-Up Construction Paid for By Tenant - Strong Corporate Guaranty — Driven Brands has Over 2,500 Locations - Internet- and Recession-Proof Tenant - Located at a Signalized Intersection — Great Location on US Hwy 380 in the Fast Growing Dallas Suburb of McKinney TX - Adjacent to Walmart Supercenter, Sam’s Club, Kroger & WinCo - Population in a 5-Mile Radius is over 118,000, a Growth of 37% in the since 2010 with Another 14% Projected by 2024 - Located on a Major Thoroughfare of McKinney, just east of US Hwy 75, a Major Highway Connecting McKinney to Dallas. Traffic Counts on W University Dr (Hwy 380) Exceed 32,000 Vehicles per Day, with Traffic Counts Surpassing 142,000 VPD on US Hwy 75 - The Average Household Income with a 5-Mile Radius is Over $103,000 — Nearly 1.4x the National Average - Major Retail Corridor in McKinney — Surrounding National Retailers Include Kroger, WinCo Foods, Sam’s Club, Walgreens, Target, Lowe’s, Home Depot, Walmart Supercenter, Costco Wholesale, Best Buy and Many, Many More

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
R-0888-005-0030-1
Land Assessment
$449,412
Improvements Assessment
$303,117
Total Assessment
$752,529
  • Listing ID: 17698881

  • Date on Market: 11/12/2019

  • Last Updated:

  • Address: 1516 W University Dr, Mckinney, TX 75069

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