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2265 Central Expy N
Allen, TX 75013
Chuck E. Cheese · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- New 15-year NNN lease to Chuck E. Cheese, a globally recognized entertainment restaurant chain founded in 1977.
- Tenant covers all taxes, insurance, and maintenance, including roof, structure, and parking lot, providing a fully passive investment.
- 8% rental increases every five (5) years in the initial term, and 10% rental increases every five years in option periods, providing consistent incom
- Chuck E. Cheese continues to expand globally across Asia, Latin America, Africa, Australia, the Middle East, and Europe.
EXECUTIVE SUMMARY
High visibility and easily accessible location directly off U.S. Route 75, providing direct access to Downtown Plano and benefiting from strong commuter traffic of approximately 116,000 AADT.
Chuck E. Cheese continues to expand globally, opening localized family entertainment centers across Asia, Latin America, Africa, Australia, the Middle East, and Europe.
The five mile radius serves a population of 265,397, with an average annual household income of $191,294 within one mile.
The property is surrounded by a strong mix of local and national retailers that drive Allen’s primary economic activity, including Walmart Supercenter, Bass Pro Shops, Target, Best Buy, Whole Foods, and others.
The absolute NNN lease structure results in zero landlord management responsibilities, with the tenant responsible for maintenance and expenses including roof, structure, and parking lot.
Projected population and income growth within the one, three, and five mile radii over the next five years supports long term demand and steady growth for both the asset and the Allen market.
Chuck E. Cheese continues to expand globally, opening localized family entertainment centers across Asia, Latin America, Africa, Australia, the Middle East, and Europe.
The five mile radius serves a population of 265,397, with an average annual household income of $191,294 within one mile.
The property is surrounded by a strong mix of local and national retailers that drive Allen’s primary economic activity, including Walmart Supercenter, Bass Pro Shops, Target, Best Buy, Whole Foods, and others.
The absolute NNN lease structure results in zero landlord management responsibilities, with the tenant responsible for maintenance and expenses including roof, structure, and parking lot.
Projected population and income growth within the one, three, and five mile radii over the next five years supports long term demand and steady growth for both the asset and the Allen market.
PROPERTY FACTS
Sale Type
Investment NNN
Sale Condition
1031 Exchange
Property Type
Retail
Building Size
10,388 SF
Building Class
B
Year Built
2025
Price
$4,377,000
Price Per SF
$421.35
Cap Rate
6%
NOI
$262,600
Tenancy
Single
Building Height
1 Story
Building FAR
0.16
Lot Size
1.51 AC
Parking
111 Spaces (11.68 Spaces per 1,000 SF Leased)
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