651 University Dr | Frisco, TX 75033
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- LoopNet Team
651 University Dr
Frisco, TX 75033
Dutch Bros Coffee - Frisco - SWC FM 423 & 380 · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- Brand New Dual Drive-Thru 2024 Construction with New 20-Year Corporate Backed Ground Lease by Boersma Bros. LLC
- Shadow-Anchored by New HEB (Q4 2024 completion date), the Most Sought After Retailer and Traffic Generator in the Nation
- Zero Landlord Responsibility and Secure Revenue Stream Within an Income Tax-Free State - Perfect for a 1031 Exchange or Passive Investor
- Credit Tenant (NYSE: BROS) With Nearly a $6 Billion Market Cap
- Generational Asset Within Fastest-Growing City in the US - Frisco, Texas
- 10.00% Increases Every Five-Years Through the Primary and Option Terms
PROPERTY FACTS
Property Type
Retail
Property Subtype
Fast Food
Building Size
900 SF
Year Built
2024
Tenancy
Single
Building Height
1 Story
Building FAR
0.02
Lot Size
1.31 AC
Zoning
Commercial / Retail
Frontage
150’ on US Hwy 380
AMENITIES
- Drive Thru
PROPERTY TAXES
| Parcel Number | R696996 | Improvements Assessment | $0 |
| Land Assessment | $845,500 | Total Assessment | $845,500 |
PROPERTY TAXES
Parcel Number
R696996
Land Assessment
$845,500
Improvements Assessment
$0
Total Assessment
$845,500
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