651 University Dr - Fast Food FOR SALE
Frisco, TX 75033 |
651 University Dr
Frisco, TX 75033
HIGHLIGHTS
- Brand New Dual Drive-Thru 2024 Construction with New 20-Year Corporate Backed Ground Lease by Boersma Bros. LLC
- Credit Tenant (NYSE: BROS) With Nearly a $6 Billion Market Cap
- Shadow-Anchored by New HEB (Q4 2024 completion date), the Most Sought After Retailer and Traffic Generator in the Nation
- Generational Asset Within Fastest-Growing City in the US - Frisco, Texas
- Zero Landlord Responsibility and Secure Revenue Stream Within an Income Tax-Free State - Perfect for a 1031 Exchange or Passive Investor
- 10.00% Increases Every Five-Years Through the Primary and Option Terms
FOR SALE DETAILS
PRICE
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CAP RATE
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% LEASED
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TENANCY
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BUILDING DETAILS
PROPERTY NAME
Dutch Bros Coffee - Frisco - SWC FM 423 & 380
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Fast Food
TOTAL BUILDING SIZE
900
STORIES
1
YEAR BUILT
2024
SPRINKLERS
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PARKING SPACES
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LAND DETAILS
LAND ACRES
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LAND SF
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ZONING
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APN/PARCEL ID
R696996
