1820 W University Dr | McKinney, TX 75069
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1820 W University Dr
McKinney, TX 75069
Applebee's Grill & Bar · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- 8 years remaining on base term of 20 year NNN lease. No landlord responsibilities.
- Outpad to an Academy Sport anchored center, and shadow anchored by Sam’s Club.
- Just off the U.S. Highway 75, one of the most populous highways in the region.
- Next rent escalation in 3-years, adjusts ROI to 6.58% against list price. Strong return.
- Highly Populated Area with around 137,890 people within a Five-Mile Radius.
PROPERTY FACTS
Property Type
Retail
Property Subtype
Restaurant
Building Size
5,489 SF
Building Class
C
Year Built/Renovated
1993/1995
Tenancy
Single
Building Height
1 Story
Building FAR
0.08
Lot Size
1.65 AC
PROPERTY TAXES
| Parcel Number | R-2161-00A-001B-1 | Improvements Assessment | $989,089 |
| Land Assessment | $1,477,886 | Total Assessment | $2,466,975 |
PROPERTY TAXES
Parcel Number
R-2161-00A-001B-1
Land Assessment
$1,477,886
Improvements Assessment
$989,089
Total Assessment
$2,466,975
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