2005 W University Dr
McKinney, TX 75071
Taco Cabana · Retail Property For Sale

The subject Taco Cabana located at 2005 West University Drive in McKinney, Texas. The subject property consists of 3,383 square feet of building space and sits on approximately 0.92 acres of land.This Taco Cabana has roughly 11 years 10 months remaining on the original 20-year lease, which commenced in 2008. This is a true triple-net (NNN) lease with absolutely zero landlord responsibilities. The rent is equal to $114,188 and is subject to annual rental increases of 1 percent starting in Year 11. In addition to the current lease term, the tenant has four additional, five-year renewal options. This Taco Cabana is located at 2005 West University Drive in McKinney, Texas. McKinney is a city in and the county seat of Collin County. McKinney is second in population in Collin County and the 19th most populous city in Texas. It is part of the Dallas-Fort Worth metroplex, and is located about 37 miles north of Dallas.The subject property is well-positioned in a dense residential corridor, surrounded by multiple national and local tenants. Retailers in the surrounding area include: Walmart, Kroger, Lowe' s Home Improvement, Target, Best Buy, Sam's Club, Dollar Tree, Party City, Chipotle, Starbucks, McDonald' s, Burger King, 7-Eleven, Michaels, as well as many others.