Andy's Frozen Custard NNN Property For Sale — Frisco, TX
Eldorado Pkwy & Frisco St, Frisco, TX 75033
This newly constructed property, built in 2018, features a 20-year triple-net (NNN) ground lease with five 5-year options, offering a truly passive investment in a tax-free state. Located on Eldorado frontage, a bustling corridor in Frisco, the site benefits from flexible zoning and no restrictive covenants, making it a prime retail opportunity. The affluent Dallas-Ft Worth Metropolitan Statistical Area (MSA) boasts an average household income of $130,431 within a one-mile radius. The property is strategically situated just north of the Frisco Center Business Park, ensuring consistent traffic and strong demographics.
- Address: Eldorado Pkwy & Frisco St, Frisco, TX 75033
- Asking price $1.27M
- 5.88% cap rate
- NOI $75,000
- 11.7 years remaining
- NNN lease
- Year built: 2018
- Building size: 5,000 SF
- Lot size: 0.93 acres
- Lease expiration: May 15, 2038
- Rent increases: every five years
- Guarantor: Corporate
Location
This Andy's Frozen Custard property is at Eldorado Pkwy & Frisco St in Frisco, Texas.
Asset type: Quick Service Restaurant