Ownsby Pkwy & Preston Rd - Fast Food FOR SALE


Celina, TX 75009
$2,380,951 USD
858-822-9811
Ownsby Pkwy & Preston Rd, Celina, TX for Sale
$2,380,951 USD
Fast Food - FOR SALE
1/16
null | 5.25% Cap Rate

Ownsby Pkwy & Preston Rd
Celina, TX 75009


HIGHLIGHTS

  • Brand New 2025 Construction
  • Absolute NNN Ground Lease
  • 15-Year Initial Term with Five 5-Year Renewal Options
  • 10% Rent Increases Every 5 Years
  • Population +83,800 in 5 Miles with 16.38% Annual Population Growth Rate
  • +$216,800 Avg HHI in 1 Mile Radius, Higher than the National Average

OVERVIEW

Bojangles is a brand new 2025 construction single tenant QSR investment opportunity strategically positioned in the heart of The Village at Ownsby Farms, one of Celina’s newest and largest retail destinations. Situated within the +100 acre master-planned retail development, Bojangles is shadow anchored by Costco and Academy Sports, with Lowe’s, EoS and Home Depot directly across the street. The 15-Year Absolute NNN ground lease includes five 5-year renewal options, providing up to 40 years of potential tenancy, and 10% rent increases every 5 years allowing predictable, compounding cash flow. Celina, TX is booming – the city ranked 4th fastest growing city in the US, according to the 2025 Census Bureau. The 5-mile population is +83,800 with a 16.38% annual population growth rate and average household income exceeding $200k. The subject property is within a dense retail corridor with national tenants Target, Walmart Supercenter, Hobby Lobby, Dick’s Sporting Goods and Kohl’s. It’s immersed among 8 major master-planned communities within a 10-mile radius, exceeding 8,000 acres combined. The Village at Ownsby Farms is poised to be a hotspot retail destination among flourishing residential developments in the surrounding Celina area. Watch Property Video: https://vimeo.com/1145224233

FOR SALE DETAILS

PRICE

$2,380,951 USD

PRICE/SF

$759 USD /SF

CAP RATE

5.25%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

STNL Bojangles - The Village at Ownsby Farms

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Fast Food

ADD'L SUBTYPES

Fast Food

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2025

SPRINKLERS

-

PARKING SPACES

32

LAND DETAILS

LAND ACRES

1.05 AC

LAND SF

45,738 SF

ZONING

-

APN/PARCEL ID

R-12837-00A-0020-1

ASK ABOUT THIS PROPERTY

Ryan GomezCushman & WakefieldMore Info
858-822-9811

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Ryan GomezCushman & WakefieldMore Info
858-822-9811

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