Shake Shack w/ Double Drive-Thru McKinney, TX

1727 N Central Expy
McKinney, TX

Price: $5,808,000
Cap Rate: 4.75%
NOI: $275,880
Building Size: Approx. 3,408 Sq. Ft.
Lot Size: Approx. 0.86 Acres
Type: Single-Tenant / Retail
Sub Category: QSR
Year Built: 2023

Investment Overview

  • 2023 Construction. 3,408+/- SF Building on 0.86+/- Acre Site
  • Brand New 15 Year Ground Lease w/ 10% Rental Increases Every 5 Years
  • Subject Property is a New Prototype Building with a Double Lane Drive-Thru
  • Located Directly in Front of Cameron Crossing (Large Shopping Center)
  • Less Than 1 Mile from Raytheon Intelligence & Space’s New Headquarters (4,300+ Employees)
  • Excellent Highway Location at the Intersection of Hwy 75 & Hwy 380 (199,500 Combined VPD)
  • Shake Shack is one of the Fastest Growing Food Chains in the US and is Publicly Traded
  • McKinney  |  Affluent Suburb of Dallas |  Population: 211,000+

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