Retail•Street Retail•For Sale

Hutchin's BBQ Restaurant

9225 Preston Road, Frisco, Texas 75034

Sale Price $3,374,700
Sale Type Net Lease Investment
Bldg Type Single Tenant
Year Built 2006
Year Renovated 2017
Vacancy 100%
Gross Bldg 8,537 SqFt
Land Area 1.4 Acres
Market Dallas / Fort Worth
Sub-Market Frisco
This is an excellent opportunity for an investor to own a very successful retail location in a strong community that is one of the fastest growing cities in the nation. Frisco is approaching 300,000 occupants with a medium income of $145,000. The DFW metroplex with a population of 7,424,256 is the largest metropolitan area in Texas and the 4th largest in the United States. Hutchin’s BBQ and Catering is located in the heart of Frisco’s explosive growth being located in the NWQ of Preston Road and Main Street. Preston Road is the main artery running north and south from essentially downtown Dallas to State Highway 380 in northern Frisco. The location could not be better to take advantage of billions of dollars being spent on mix use and residential developments already underway. Frisco's annual growth rate has remained steady at 5.2% over the last ten years. Hutchins BBQ first started in 1978 in 860 SF in Princeton TX and then moved to McKinney in 1991. In 1994 they opened their second location in Frisco. Both locations are very successful. They have expanded and increased their business in Frisco for 25 years and have just shown their commitment to this location by signing a new 5-year NNN lease with rental increases every year. This property provides an investor the opportunity for significant appreciation as Frisco continues to boom. Irreplaceable Retail Location: Frisco is one of the fastest growing cities in the nation. Being located in the north/west quadrant of Preston Road and Main Street the location enjoys high traffic counts of 43,500 and 21,200 VPD respectively, the property is located in the heart of Frisco’s explosive growth. Frisco is known for its world class amenities, outstanding job opportunities, exciting entertainment venues, exceptional schools and relatively inexpensive housing. In 2018 Money Magazine named Frisco the best place to live. In the last two years Dr. Pepper and PGA has moved their corporate headquarters to Frisco to join other organizations such as the Dallas Cowboys, Six other sports organizations, Oracle, Hartford, Home Depot, Inc., T-Mobile, Schlumberger Technology, Inc. and others. This northern suburb of Dallas boosts an average household income of $141,000 and a population of over 300,000 within a five-mile radius. Hutchin’s BBQ offers increased appreciation due to the well know “$5 Billion Mile” develops in the near future comprising 4 mixed-use developments and at least $5.4 billion in capital investment. The projects are transforming about 549 acres of land in Frisco into high-end developments. The second significant development is immediately across Preston Road from Hutchins’s BBQ. “The BRINKMANN RANCH has been seen as one of the most sought after and desirable sites in Collin County and now the City of Frisco’s planning and zoning committee has approved plans for a residential community and shopping center on the east side of the 3,500 acre ranch.”
  • 100% Single Tenant Net Lease
  • Irreplaceable Location
  • Brand New Five Year Lease
  • Excellent Demographics
  • NWQ of Preston Rd and Main St.
  • Loyal Customers
  • In The Heart of Frisco
1/23/2020 8:02:26 PM 2/4/2020 4:00:07 PM
David Cook
Owner
SVN / David Cook Co, LLC
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