Raising Cane’s – GL Plano, TX

6010 K Ave
Plano, TX

Price: $3000000
Cap Rate: 4.50%
NOI: $135,000
Building Size: Approx. 2724 Sq. Ft.
Lot Size: Approx. 1.14 Acres
Type: Single-Tenant / Retail
Sub Category: QSR
Year Built: 2017

Investment Overview

  • 2017 Build. 2,724+/- SF Building on 1.14+/- Acre Site
  • 15-Yr Corp NNN Ground Lease w/ 10% Rent Bumps Every 5-Yrs
  • Strategically located along K Ave (23K VPD), just E of I-75 (200K VPD)
  • Adjacent to Sam’s Club, QT, Capital One, Five Guys, Subway, LA Fitness
  • Attractions: Shops of Legacy | Legacy West | Collin Creek Mall (1M+ SF)
  • 1-Mile Equidistant, E of Clark HS & W of Collin College Spring Creek Campus
  • Plano is an Affluent Dallas Suburb located 20-Miles N of Downtown Dallas
  • Home to multiple Co.’s HQ’s: Raising Cane’s, Toyota, Pepsi, Yum, Frito-Lay
  • 3-Mile Radius: 2016 Est Pop: 109,095 l 3-Mile Avg. HH Income:  $93,137
  • Dallas/Fort Worth ( MSA) | 4TH Largest MSA in the U.S | Pop: 6,526,548

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