4683 E Highway 121 - Fast Food FOR SALE


The Colony, TX 75056
$2,750,000 USD
858-768-1280
4683 E Highway 121, The Colony, TX for Sale
$2,750,000 USD
Fast Food - FOR SALE
1/3
null | 5.5% Cap Rate

4683 E Highway 121
The Colony, TX 75056


HIGHLIGHTS

  • NNN LEASE PROVIDES A PASSIVE INVESTMENT AND INCOME | UNMATCHED DEMOGRAPHICS & VISIBILITY
  • PROMINENT CO-TENANCY | NATIONAL RETAIL & ENTERTAINMENT ANCHORS DRIVE TRAFFIC
  • HOSPITALITY DEMAND | 900 + HOTEL ROOMS
  • PREMIER CORPORATE DESTINATION | INCOME TAX-FREE STATE OF TEXAS
  • ABSOLUTE NNN LEASE | 10% INCREASES EVERY 5 YEARS
  • 11.9% POPULATION GROWTH WITHIN 1 MILE SINCE 2020 | RETAIL GROWTH

OVERVIEW

The Northmarq National Restaurant Group is pleased to offer this single-tenant Jack in the Box property located at 4683 State Highway 121 in The Colony, Texas. The asset features a corporate-guaranteed absolute NNN lease with 2.8 years remaining and four five-year renewal options. With zero landlord responsibilities and 10 percent rent increases every five years, the property offers passive, inflation-resistant income in a high-growth market. Located along State Highway 121, the site benefits from over 104,000 vehicles per day and is surrounded by more than 200,000 residents within five miles, with an average household income exceeding $160,000. Population growth within one mile has approached 12 percent since 2020. The property sits near top national retailers including Walmart, Kroger, and Texas Roadhouse and is less than one mile from Grandscape, a 400-acre destination featuring Nebraska Furniture Mart, Scheels, and Andretti Indoor Karting. The area also includes 900 hotel rooms and draws over 3 million visitors annually to nearby Lake Lewisville. Just five miles north of Legacy West and Frisco’s Platinum Corridor, the site offers proximity to major employers like Toyota, JPMorgan Chase, and Liberty Mutual.

FOR SALE DETAILS

PRICE

$2,750,000 USD

PRICE/SF

$972 USD /SF

CAP RATE

5.5%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Jack in the Box

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Fast Food

ADD'L SUBTYPES

Restaurant, Storefront

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2000

SPRINKLERS

-

PARKING SPACES

34

LAND DETAILS

CROSS STREETS

Kine Pac Rd

LAND ACRES

0.84 AC

LAND SF

36,590 SF

ZONING

-

APN/PARCEL ID

R222835

ASK ABOUT THIS PROPERTY

Will PuralNorthmarqMore Info
858-768-1280

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Will PuralNorthmarqMore Info
858-768-1280

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