9770 N Dallas Pky
Frisco, TX 75033
Slim Chickens · Retail Property For Sale

This brand-new restaurant is located on an oversized 1.26 acre parcel on Dallas Parkway/Dallas North Tollway (70,490 VPD). The Property is situated next to the Toyota Stadium and Soccer Complex, home of FC Dallas, which draws over 1 million visitors each year since opening. Toyota Stadium is currently undergoing $39 million in renovations. The Property opened for business in October of 2016 and is backed by a fifteen (15) year primary term with six, 5-year options. Excellent yield growth is provided through 10% rental increases which occur every five years during the primary term and option periods. The Property is an absolute NNN, with the tenant responsible for all repairs, maintenance, taxes and insurance. This Slim Chickens represents the opportunity to secure A+ real estate in an explosive growth corridor in North Texas (Dallas MSA). Dramatic population growth (307% from 2000-2014 and 2016 is continuing at an annual rate of 4.47%), high average household incomes ($122,000) and critical-access roadways (Dallas Parkway), have driven more than $5 billion in commercial construction projects in the vicinity of the Property. Frisco is an affluent city and rapidly growing suburb of Dallas, Texas. With major highways north-south and east-west, the city is well-positioned on the path of growth in the Dallas area. The Dallas-Fort Worth Metroplex has a total population of more than 6.7 million and is the largest metro area in the South. As of January 1, 2014, Frisco had a population estimate of 137,330, up from 116,989 in the previous census (2010). Frisco grew 247% between 2000 and 2009, making it the fastest-growing city in the nation in that decade. Like many of the cities located in the booming northern suburbs of Dallas, Frisco serves as a bedroom community for many professionals who work in the DFW Metroplex. Frisco recently built Frisco Square, a mixed-use development that will become the new downtown. Frisco Square has about 250 rental residential units, seven restaurants and 40,000 square feet of commercial office space. Frisco is also home to four colleges and universities, with eighteen more within a 60-mile radius. In 2011, CNN listed Frisco as one of the Best Places to Live in the nation, and Forbes ranked it 7th in its list of America' s 25 Best Places To Move.