26751 E University Dr
Aubrey, TX 76227
Wendy's · Retail Property For Sale
![26751 E University Dr, Aubrey, TX for sale - Building Photo - Image 1 of 1](https://images1.loopnet.com/i2/MnBcNY2509_1tV3_SeVsZ6mbs6dWY0bMIf3fCbLJEBY/110/26751-E-University-Dr-Aubrey-TX-Building-Photo-1-Large.jpg)
INVESTMENT HIGHLIGHTS
- 20-Year Triple Net (NNN) Lease with Zero Landlord Responsibilities
- Four (4) Tenant Renewal Periods of Five (5) Years Each
- Brand New Construction
- Attractive Rental Increases | 10.00% Every Five (5) Years
- No Personal Income Tax in Texas
- Affluent Suburb of Dallas-Fort Worth MSA | Average Household Income of Nearly $115,000 Within a Three-Mile Radius
PROPERTY FACTS
AMENITIES
- Signage
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ABOUT 26751 E UNIVERSITY DR , AUBREY, TX 76227
The subject investment property is situated along East University Drive, which experiences average daily traffic counts of approximately 43,000 vehicles. There are more than 102,000 individuals residing within a five-mile radius of the property and more than 335,000 individuals within a ten-mile radius, with the population projected to increase in the next five years. Additionally, this Wendy’s benefits from its location in an affluent residential and commercial corridor with over $114,000 of average household income in a three-mile radius. The subject property benefits from premium frontage on E University Drive and is directly across the street from a newly-developed academic institution, Dr. Ray Braswell High School, which has an enrollment of over 1,700 students. Major national tenants within the immediate area include Walmart, Walgreens, CVS Pharmacy, Aldi, AutoZone, Sherwin Williams, 7-Eleven, McDonald’s, Pizza Hut, Papa Johns, Starbucks, Chick-Fil-A and many more. The area also benefits from a strong upscale residential presence with Paloma Creek, a luxurious residential community that features over 5,500 homes, sitting directly north of the subject property. Less than two-miles down E University Drive is Baylor Emergency Medical Center, which has over 32 staffed beds and services the surrounding towns. Aubrey is located in Denton County approximately 30 miles north of downtown Dallas. Dallas is the part of the Dallas-Fort Worth metroplex, which is the fourth most populous metropolitan area in the United States. The city’s population ranks ninth in the U.S. and third in Texas after Houston and San Antonio. The city’s prominence arose from its historical importance as a center for the oil and cotton industries, as well as its positioning along numerous railroad lines, which were the initial reason for the development of the city. Dallas has always had an economic background that is closely related to transportation, starting with the transportation of cotton and cattle, and later oil. It remains a major transportation hub with a convergence of major railroad lines, interstate highways, and the construction of Dallas/Fort Worth International Airport, one of the largest and busiest airports in the world all located in the greater Dallas area. The economy of Dallas is considered diverse, with dominant sectors including defense, financial services, information technology, telecommunications, and transportation. The area within the city limits of Dallas serve as the headquarters to 9 Fortune 500 companies, and the greater Dallas-Fort Worth metroplex is home to the headquarters of three additional Fortune 500 Companies.
LINKS
PROPERTY TAXES
Parcel Number | R959098 | Improvements Assessment | $2,198,598 |
Land Assessment | $518,451 | Total Assessment | $2,717,049 |
Listing ID: 19190269
Date on Market: 4/10/2020
Last Updated:
Address: 26751 E University Dr, Aubrey, TX 76227
The Retail Property at 26751 E University Dr, Aubrey, TX 76227 is no longer being advertised on LoopNet.com. Contact the broker for information on availability.