1615 N Central Expy
McKinney, TX 75070
Denny's (Ground Lease) · Retail Property For Sale

Stan Johnson Company is pleased to exclusively offer for sale to qualified investors the ground lease interest property located at US Highway 75 and US Highway 380 in McKinney, TX 75070 (the Property ). Denny' s is operating under an absolute NNN ground lease with zero landlord responsibilities. There are nine (9) years remaining in the lease term. Located in a shopping center anchored by Home Depot and Ross, the Property is well-positioned in a prime retail corridor. Property is also situated just off the freeway with exposure to +/- 138,000 vehicles per day and in an area with $105,280 average household income and a population of 125,541 within a five (5) mile radius. Since 2006, the franchisee operating the Property has increased store operations from 13 locations to 30, demonstrating success and an appetite for growth. McKinney is a city in Collin County, Texas, located in the Dallas-Fort Worth Metroplex. As of the 2010 census, the city' s population was 131,117, making it the 19th-most populous city in Texas. Just 30 miles north of downtown Dallas, McKinney is a picturesque city with a small-town feel that is quite different from the Metroplex' s urban sprawl. Texas is also one of the rare states which has no state income, estate or inheritance taxes.