4001 W University Dr - Freestanding FOR SALE


McKinney, TX 75071- Allen/McKinney
$2,900,000 USD
469-844-8884
4001 W University Dr, McKinney, TX for Sale
$2,900,000 USD
Freestanding - FOR SALE
1/3
null | 5% Cap Rate

4001 W University Dr
McKinney, TX 75071
Allen/McKinney


OVERVIEW

Brand New Construction, 15-Year Corporate Absolute NNN Lease with No Landlord Responsibilities This asset sits directly facing Highway 380 with high visibility to over 50,000. The number of cars is growing at a rapid pace as there are over 38 master planned communities totaling over 13,000 single family lots within a five mile radius of the property. Black Rock Coffee is one of the Largest Privately-Held Coffee Companies in the US and Operates over 140+ Locations in 7 States (41 of them in Texas) Black Rock Coffee Ranked one of America’s Fastest Growing Companies by Inc Magazine in 2022 High Growth North DFW Market | McKinney was Ranked 4th Fastest Growing Big City in the U.S. in 2020 Click Here to Read More Outstanding Demographics | Average Household Income Exceeds $129,000 in a 1 Mile Radius – Almost 2X the National Average Surrounding National Retailers Include Costco, Walmart Supercenter, Target, Kroger, Lowes, The Home Depot, Hobby Lobby, Petco, Marshalls, At Home, 24 Hour Fitness, 7-Eleven, Starbucks, McDonald’s, Chick-fil-A & Many More

FOR SALE DETAILS

PRICE

$2,900,000 USD

PRICE/SF

$328 USD /SF

CAP RATE

5%

% LEASED

-

TENANCY

Single

STATUS

Under Construction

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Black Rock Coffee

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2025

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.75 AC

LAND SF

32,670 SF

ZONING

OFFICE

APN/PARCEL ID

R-1459-00A-0020-1

ASK ABOUT THIS PROPERTY

Jason VitorinoSTRIVEMore Info
469-844-8884

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Jason VitorinoSTRIVEMore Info
469-844-8884

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.