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1
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PROPERTY INFORMATION 3
Executive Summary 4
Property Description 5
Complete Highlights 6
LOCATION INFORMATION 7
Regional Map 8
Location Maps 9
Aerial Map 10
Aerial Map 11
Aerial Map 12
FINANCIAL ANALYSIS 13
Financial Summary 14
Income & Expenses 15
Rent Roll 16
Tenant Information 17
SALE COMPARABLES 18
Sale Comps 19
Sale Comps Summary 22
Sale Comps Map 24
RENT COMPARABLES 25
Rent Comps 26
Rent Comps Summary 30
Rent Comps Map 32
DEMOGRAPHICS 33
Demographics Report 34
Demographics Map 35
IABS 36
Additional Photos 37
ContentsConfidentiality & Disclaimer
The information contained in the following Marketing Brochure is proprietary and strictlyconfidential. It is intended to be reviewed only by the party receiving it from Marcus & Millichapand should not be made available to any other person or entity without the written consent ofMarcus & Millichap. This Marketing Brochure has been prepared to provide summary, unverifiedinformation to prospective purchasers, and to establish only a preliminary level of interest in thesubject property. The information contained herein is not a substitute for a thorough duediligence investigation. Marcus & Millichap has not made any investigation, and makes nowarranty or representation, with respect to the income or expenses for the subject property, thefuture projected financial performance of the property, the size and square footage of theproperty and improvements, the presence or absence of contaminating substances, PCB's orasbestos, the compliance with State and Federal regulations, the physical condition of theimprovements thereon, or the financial condition or business prospects of any tenant, or anytenant’s plans or intentions to continue its occupancy of the subject property. The informationcontained in this Marketing Brochure has been obtained from sources we believe to be reliable;however, Marcus & Millichap has not verified, and will not verify, any of the information containedherein, nor has Marcus & Millichap conducted any investigation regarding these matters andmakes no warranty or representation whatsoever regarding the accuracy or completeness of theinformation provided. All potential buyers must take appropriate measures to verify all of theinformation set forth herein.
Non-Endorsement Notice
Marcus & Millichap is not affiliated with, sponsored by, or endorsed by any commercial tenant orlessee identified in this marketing package. The presence of any corporation’s logo or name is notintended to indicate or imply affiliation with, or sponsorship or endorsement by, said corporationof Marcus & Millichap, its affiliates or subsidiaries, or any agent, product, service, or commerciallisting of Marcus & Millichap, and is solely included for the purpose of providing tenant lesseeinformation about this listing to prospective customers.
ALL PROPERTY SHOWINGS ARE BY APPOINTMENT ONLY.PLEASE CONSULT YOUR MARCUS & MILLICHAP AGENT FOR MORE DETAILS
Sprint | Anytime Fitness8480 State Highway 121, McKinney, TX 75070
TABLE OF CONTENTS
Section 1 PROPERTY INFORMATION
4
OFFERING SUMMARY
Sale Price: $2,925,000
Cap Rate: 6.5%
NOI: $190,191
Lot Size: 0.77 Acres
Year Built: 2016
Building Size: 6,975
Price / SF: $419.35
The subject property presents a rare opportunity to acquire a 6,975-square foot two-tenant retail building in the highly desirableDallas-Fort Worth suburb of McKinney, Texas.
PROPERTY OVERVIEW
DEMOGRAPHICS
1 MILE 3 MILES 5 MILES
Total Households 1,439 27,093 95,846
Total Population 3,313 79,067 274,767
Average HH Income $155,953 $132,293 $125,951
Sprint | Anytime Fitness8480 State Highway 121, McKinney, TX 75070
PROPERTY INFORMATION | EXECUTIVE SUMMARY
5
The subject property presents a rare opportunity to acquire a 6,975-square foot two-tenant retail building in the
highly desirable Dallas-Fort Worth suburb of McKinney, Texas. Anytime Fitness is a brand new six-year lease and
occupies 79 percent of the gross leasable area. Sprint occupies the remaining suite and is a ten-year lease with a
corporate guarantee. Both leases are triple-net and include a rent bump during the initial term and options for
renewal. The Anytime Fitness lease has dual personal guarantees. The building is new 2016 construction and is
situated on 0.77 acres.
PROPERTY OVERVIEW
The subject property is located on the Sam Rayburn Tollway (Highway 121) near the intersection with Custer Road
with excellent freeway visibility. Traffic counts on the Tollway are 129,000 vehicles per day. Located in a power
retail center, the subject property is shadowed by Lowe’s Home Improvement and neighbored by Moviehouse &
Eatery, Target, Dollar Tree, Ross Dress for Less, Famous Footwear, Staples, PetSmart, On the Border, QuickTrip,
Chili’s Grill & Bar, Bank of America, Wells Fargo, 7-Eleven, Wendy’s, Chick-fil-A, Taco Bell, Dickey’s Barbecue Pit,
Whataburger, T-Mobile, and others. The surrounding area has phenomenal demographics, with a one-mile average
household income of approximately $156,000 and the five-mile population exceeding 274,700 residents.
McKinney is the county seat of Collin County, located 30 miles north of downtown Dallas. The city offers an
incomparable lifestyle coupled with an exceptional business environment. The economy is diverse and offers a mix
of industries - medical technology, data management, manufacturing, sustainability, aviation, defense, retail, office
and transportation. The city has attracted companies like Raytheon, Wistron GreenTech, Torchmark, Emerson
Process Management, Tong Yang, Simpson Strong-Tie, Tenant Tracker, Manner Plastics and Traxxas. McKinney has
led in sustainable developments, and its historic business district is one of the largest and most successful in the
state.
LOCATION OVERVIEW
Sprint | Anytime Fitness8480 State Highway 121, McKinney, TX 75070
PROPERTY INFORMATION | PROPERTY DESCRIPTION
6
SALE HIGHLIGHTS
• Fully Occupied Two-Tenant Center in a Prime Retail Location
• 100% Leased to Credit Tenants | Both Leases are Triple-Net
• Anytime Fitness is a Brand New Six-Year Lease and has Dual Personal Guarantees
• Sprint is a Ten-Year Lease with a Corporate Guarantee
• Rents are Well Below Market Rates
• Newly Constructed Building
• High-Traffic Freeway Location with Excellent Visibility | Traffic Counts on Sam Rayburn
Tollway (Highway 121) are 129,000 Vehicles per Day
• Shadow-Anchored by Lowe's Home Improvement and Moviehouse & Eatery | Located
in Major Retail Development Anchored by Target, Ross Dress for Less, Staples,
PetSmart, Dollar Tree and Numerous Other National Retailers
• Phenomenal Demographics | Highly Affluent Surrounding Area with an Average
Household Income of $156,000 within One Mile | Five-Mile Population Exceeds
274,700 Residents
• Near Craig Ranch Community with Hundreds of Homes and 2,000+ Multi-Family Units
• McKinney Welcomes over Two Million Visitors Annually Visiting Ballfields of Craig
Ranch, McKinney Soccer Complex, and The Michael Johnson Performance Center
Sprint | Anytime Fitness8480 State Highway 121, McKinney, TX 75070
PROPERTY INFORMATION | COMPLETE HIGHLIGHTS
Section 2 LOCATION INFORMATION
8
Sprint | Anytime Fitness
Sprint | Anytime Fitness8480 State Highway 121, McKinney, TX 75070
LOCATION INFORMATION | REGIONAL MAP
9
Sprint | Anytime Fitness8480 State Highway 121, McKinney, TX 75070
LOCATION INFORMATION | LOCATION MAPS
1 0
Sprint | Anytime Fitness8480 State Highway 121, McKinney, TX 75070
LOCATION INFORMATION | AERIAL MAP
1 1
Sprint | Anytime Fitness8480 State Highway 121, McKinney, TX 75070
LOCATION INFORMATION | AERIAL MAP
1 2
Sprint | Anytime Fitness8480 State Highway 121, McKinney, TX 75070
LOCATION INFORMATION | AERIAL MAP
Section 3 FINANCIAL ANALYSIS
1 4
INVESTMENT OVERVIEW
Price $2,925,000
Price per SF $419.35
CAP Rate 6.5%
Total Return (yr 1) $190,191
OPERATING DATA
Gross Income $245,539
Operating Expenses $55,348
Net Operating Income $190,191
FINANCING DATA
Down Payment $2,925,000
Loan Type All Cash
Sprint | Anytime Fitness8480 State Highway 121, McKinney, TX 75070
FINANCIAL ANALYSIS | FINANCIAL SUMMARY
INCOME SUMMARY PER SF
Base Rent $190,200 $27.27
Real Estate Taxes Reimbursements $32,027 $4.59
Insurance Reimbursements $3,016 $0.43
Common Area Maintenance Reimbursements $7,922 $1.14
Management Fee Reimbursements $12,374 $1.77
Gross Income $245,539 $35.20
EXPENSE SUMMARY PER SF
Real Estate Taxes $32,036 $4.59
Insurance $3,016 $0.43
Water/Sewer $2,968 $0.43
Fire Alarm Monitoring $455 $0.07
Gas $735 $0.11
Landscaping $1,559 $0.22
Trash $2,205 $0.32
Management Fee $12,374 $1.77
Gross Expenses $55,348 $7.94
Net Operating Income $190,191 $27.27
1 5
Sprint | Anytime Fitness8480 State Highway 121, McKinney, TX 75070
FINANCIAL ANALYSIS | INCOME & EXPENSES
TENANT
NAME
PERSONAL
GUARANTEE
UNIT
SIZE (SF)
% OF
GLA
LEASE
START
LEASE
END
ANNUAL
RENT
ESC
DATE
PRICE
PER YEAR
LEASE
TYPE OPTION
EXPENSE
REIMBURSEMENT
Sprint (1) 1,475 21.15 1/27/17 1/31/27 $47,200
2/1/2022
$32.00
$35.00
NNN (2) 5-Yr $11,706.10
Anytime Fitness (2) Yes 5,500 78.85 7/09/18 7/31/24 $143,000
8/1/2021
$26.00
$28.00
NNN (1) 5-Yr $43,641.90
Totals/Averages 6,975 $190,200 $27.27 $55,348.00
(1) Right of Early Termination: Tenant shall have the right to terminate the Lease after the fifth anniversary of the Commencement Date with 75 days prior notice to the Landlord.
(2) Rent begins in Lease Month Six.
1 6
Sprint | Anytime Fitness8480 State Highway 121, McKinney, TX 75070
FINANCIAL ANALYSIS | RENT ROLL
1 7
Company: Sprint Corporation
Founded: 1899
Lease Guarantor: Corporate
Locations: 4,500 +
Website: www.sprint.com
Line of Business:Telecommunications company that provides wireless
services and internet service
Company: Anytime Fitness
Founded: 2002
Lease Guarantor: Dual Personal Guarantees
Locations: 4,000+
Website: www.anytimefitness.com
Line of Business: A 24-hour health and fitness club
Sprint | Anytime Fitness8480 State Highway 121, McKinney, TX 75070
FINANCIAL ANALYSIS | TENANT INFORMATION
Section 4 SALE COMPARABLES
SUBJECT PROPERTY
8480 State Highway 121 | McKinney, TX 75070
$2,925,000Sale Price: 0.77 ACLot Size:
2016Year Built: 6,975 SFBuilding SF:
$419.35Price PSF: 6.5%Cap:
$190,191NOI:
1
CUSTER BRIDGES II
6111 Custer Road | Frisco, TX 75035
$6,550,000Sale Price: 1.755 ACLot Size:
2016Year Built: 9,632 SFBuilding SF:
$680.02Price PSF: 5.16%CAP:
06/23/2016Closed: 100%Occupancy:
Chipotle, AT&T, Mattress Firm, Subway
1
2
PANERA BREAD & FEDEX
5062 W Main Street | Frisco, TX 75034
$5,271,273Sale Price: 1.6 ACLot Size:
2008Year Built: 8,796 SFBuilding SF:
$599.28Price PSF: 5.21%CAP:
10/20/2015Closed: 100%Occupancy:
Panera Bread, FedEx Office
2
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Sprint | Anytime Fitness8480 State Highway 121, McKinney, TX 75070
SALE COMPARABLES | SALE COMPS
3
DEL TACO/MATTRESS FIRM/SMASHBURGER
6100 W Park Boulevard | Plano, TX 75093
$4,450,000Sale Price: 5.58 ACLot Size:
1990Year Built: 6,967 SFBuilding SF:
$638.73Price PSF: 5.58%CAP:
03/26/2015Closed: 100%Occupancy:
Del Taco, Mattress Firm, Smashburger
3
4
KROGER SHADOW-ANCHORED RETAIL
3680 SH 121 | Plano, TX 75025
$4,060,000Sale Price: 0.99 ACLot Size:
2016Year Built: 8,957 SFBuilding SF:
$453.28Price PSF: 5.7%CAP:
06/13/2018Closed: 100%Occupancy:
Saalna South Indian Eatery, Cozy Nail Spa, Dental Studio 121
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5
STARBUCKS RETAIL AT HUDSON OAKS
2970 Fort Worth HIghway | Hudson Oaks, TX 76087
$4,550,500Sale Price: 0.94 ACLot Size:
2017Year Built: 9,109 SFBuilding SF:
$499.56Price PSF: 6.07%CAP:
04/18/2018Closed: 100%Occupancy:
Starbucks, GNC, Metro PCS, Sports Clips, 702 Nail Lounge, Hacienda Pools
5
2 0
Sprint | Anytime Fitness8480 State Highway 121, McKinney, TX 75070
SALE COMPARABLES | SALE COMPS
6
CHIPOTLE AND SPRINT
2100 Airport Fwy | Bedford, TX 76022
$3,150,000Sale Price: 0.55 ACLot Size:
2017Year Built: 3,510 SFBuilding SF:
$897.44Price PSF: 6.07%CAP:
05/31/2018Closed: 100%Occupancy:
6
7
FREDDY'S FROZEN CUSTARD RETAIL CENTER
5101 State Highway 121 | The Colony, TX 75056
$5,697,000Sale Price: 1.37 ACLot Size:
2015Year Built: 10,149 SFBuilding SF:
$561.34Price PSF: 6.25%CAP:
08/21/2015Closed: 100%Occupancy:
Freddy's Frozen Custard, LIV Dentistry, Navy Federal Credit Union
7
8
WILLOW BEND CROSSING
1855 Dallas Parkway | Plano, TX 75093
$8,100,000Sale Price: 2.12 ACLot Size:
2015Year Built: 14,555 SFBuilding SF:
$556.51Price PSF: 6.32%CAP:
09/03/2015Closed: 100%Occupancy:
Shell Shack, Jersey Mike's Subs, Salata, Wok Box, Torchy's Tacos
8
2 1
Sprint | Anytime Fitness8480 State Highway 121, McKinney, TX 75070
SALE COMPARABLES | SALE COMPS
SUBJECT PROPERTY PRICE BLDG SF PRICE/SF CAP
Sprint | Anytime Fitness
8480 State Highway 121
McKinney, TX 75070
$2,925,000 6,975 SF $419.35 6.5%
SALE COMPS PRICE BLDG SF PRICE/SF CAP CLOSE
Custer Bridges II6111 Custer Road
Frisco, TX 75035
$6,550,000 9,632 SF $680.02 5.16% 06/23/2016
Panera Bread & FedEx5062 W Main Street
Frisco, TX 75034
$5,271,273 8,796 SF $599.28 5.21% 10/20/2015
Del Taco/Mattress Firm/Smashburger6100 W Park Boulevard
Plano, TX 75093
$4,450,000 6,967 SF $638.73 5.58% 03/26/2015
Kroger Shadow-Anchored Retail3680 SH 121
Plano, TX 75025
$4,060,000 8,957 SF $453.28 5.7% 06/13/2018
Starbucks Retail at Hudson Oaks2970 Fort Worth HIghway
Hudson Oaks, TX 76087
$4,550,500 9,109 SF $499.56 6.07% 04/18/2018
Chipotle and Sprint2100 Airport Fwy
Bedford, TX 76022
$3,150,000 3,510 SF $897.44 6.07% 05/31/2018
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Sprint | Anytime Fitness8480 State Highway 121, McKinney, TX 75070
SALE COMPARABLES | SALE COMPS SUMMARY
SUBJECT PROPERTY PRICE BLDG SF PRICE/SF CAP
Freddy's Frozen Custard RetailCenter5101 State Highway 121
The Colony, TX 75056
$5,697,000 10,149 SF $561.34 6.25% 08/21/2015
Willow Bend Crossing1855 Dallas Parkway
Plano, TX 75093
$8,100,000 14,555 SF $556.51 6.32% 09/03/2015
PRICE BLDG SF PRICE/SF CAP CLOSE
Totals/Averages $5,228,597 8,959 SF $583.61 5.8%
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Sprint | Anytime Fitness8480 State Highway 121, McKinney, TX 75070
SALE COMPARABLES | SALE COMPS SUMMARY
2 4
8480 State Highway 121 | McKinney, TX 75070SUBJECT PROPERTY
1 6111 Custer Road
Frisco, TX 75035
CUSTER BRIDGES II2 5062 W Main Street
Frisco, TX 75034
PANERA BREAD & FEDEX3
6100 W Park Boulevard
Plano, TX 75093
DEL TACO/MATTRESS FIRM/SMASHBURGER 4
3680 SH 121
Plano, TX 75025
KROGER SHADOW-ANCHOREDRETAIL
52970 Fort Worth HIghway
Hudson Oaks, TX 76087
STARBUCKS RETAIL AT HUDSONOAKS 6 2100 Airport Fwy
Bedford, TX 76022
CHIPOTLE AND SPRINT7
5101 State Highway 121
The Colony, TX 75056
FREDDY'S FROZEN CUSTARDRETAIL CENTER 8 1855 Dallas Parkway
Plano, TX 75093
WILLOW BEND CROSSING
Sprint | Anytime Fitness8480 State Highway 121, McKinney, TX 75070
SALE COMPARABLES | SALE COMPS MAP
Section 5 RENT COMPARABLES
2 6
SUBJECT PROPERTY
8480 State Highway 121 | McKinney, TX 75070
$27.27 SFLease Rate: 0 SFSpace Size:
2016Year Built: 0.77 ACLot Size:
1
SPRINT - CASTLE SPA
6055 Eldorado Parkway | Frisco, TX 75034
$37.00 SFLease Rate: NNNLease Type:
SFSpace Size: 2017Year Built:
5,083 SFBldg Size: 0.93 ACLot Size:
100%Occupancy:
Sprint, Castle Spa
1
2
CASTLE HILLS COMMONS
4920 State Highway 121 | Lewisville, TX 75056
$37.48 SFLease Rate: NNNLease Type:
1,756 SFSpace Size: 2016Year Built:
7,727 SFBldg Size: 1.23 ACLot Size:
77%Occupancy:
Starbucks, Marsh Ridge Dental, F45, Planet Subs
2
Sprint | Anytime Fitness8480 State Highway 121, McKinney, TX 75070
RENT COMPARABLES | RENT COMPS
2 7
3
CUSTER BRIDGES II
6111 Custer Road | Frisco, TX 75035
$35.11 SFLease Rate: NNNLease Type:
SFSpace Size: 2016Year Built:
9,632 SFBldg Size: 1.755 ACLot Size:
100%Occupancy:
Chipotle, Mattress Firm, Subway, AT&T
3
4
WILLOW BEND CROSSING
1855 Dallas Parkway | Plano, TX 75093
$35.19 SFLease Rate: NNNLease Type:
SFSpace Size: 2015Year Built:
14,555 SFBldg Size: 2.12 ACLot Size:
100%Occupancy:
Shell Shack, Jersey Mikes, Salata, Wok Box, Torchy's Tacos
4
5
FRISCO PLAZA
9500 Dallas Parkway | Frisco, TX 75033
$32.30 SFLease Rate: NNNLease Type:
2,180 SFSpace Size: 2016Year Built:
9,050 SFBldg Size: 1.07 ACLot Size:
76%Occupancy:
Direct Orthopedic Care, Mezcal Taco, Industrial Cigars
5
Sprint | Anytime Fitness8480 State Highway 121, McKinney, TX 75070
RENT COMPARABLES | RENT COMPS
2 8
6
FRISCO LAKES
8075 FM 423 | Frisco, TX 75034
$31.29 SFLease Rate: NNNLease Type:
1,488 SFSpace Size: 2014Year Built:
10,200 SFBldg Size: 1.4 ACLot Size:
85.4%Occupancy:
Sherman Williams, Forest Dental, Dickey's Barbecue, Ritter's Frozen Custard
6
7
CUSTER & ELDORADO RETAIL CENTER
3241 South Custer Road | McKinney, TX 75070
$35.28 SFLease Rate: NNNLease Type:
SFSpace Size: 2017Year Built:
12,586 SFBldg Size: 0.9 ACLot Size:
100%Occupancy:
Pet Supermarket, ATI Physical Therapy, SuperCuts, Code Ninjas
7
8
TOP GOLF SHADOW RETAIL
5101 State Highway 121 | The Colony, TX 75056
$34.17 SFLease Rate: NNNLease Type:
SFSpace Size: 2015Year Built:
10,023 SFBldg Size: 1.37 ACLot Size:
100%Occupancy:
Freddy's Frozen Custard, LIV Dentistry, Navy Federal CU
8
Sprint | Anytime Fitness8480 State Highway 121, McKinney, TX 75070
RENT COMPARABLES | RENT COMPS
2 9
9
LA CIMA CROSSING
1480 East University Drive | Prosper, TX 75078
$32.22 SFLease Rate: NNNLease Type:
SFSpace Size: 2017Year Built:
10,149 SFBldg Size: 2.9 ACLot Size:
100%Occupancy:
380 Family Dentistry, Rosati's Pizza, Art Cleaners, Donut Bliss
9
10
CHIPOTLE AND SPRINT
2100 Airport Fwy | Bedford, TX 76022
$54.00 SFLease Rate: NNNLease Type:
SFSpace Size: 2017Year Built:
3,510 SFBldg Size: 0.55 ACLot Size:
100%Occupancy:
10
Sprint | Anytime Fitness8480 State Highway 121, McKinney, TX 75070
RENT COMPARABLES | RENT COMPS
3 0
SUBJECT PROPERTY PRICE/SF/YR AVAILABLE SF BLDG SF OCCUPANCY %
Sprint | Anytime Fitness
8480 State Highway 121
McKinney, TX 75070
$27.27 0 SF 6,975 SF 100.0%
RENT COMPS PRICE/SF/YR AVAILABLE SF BLDG SF OCCUPANCY %
Sprint - Castle Spa6055 Eldorado Parkway
Frisco, TX 75034
$37.00 - 5,083 SF 100%
Castle Hills Commons4920 State Highway 121
Lewisville, TX 75056
$37.48 1,756 SF 7,727 SF 77%
Custer Bridges II6111 Custer Road
Frisco, TX 75035
$35.11 - 9,632 SF 100%
Willow Bend Crossing1855 Dallas Parkway
Plano, TX 75093
$35.19 - 14,555 SF 100%
Frisco Plaza9500 Dallas Parkway
Frisco, TX 75033
$32.30 2,180 SF 9,050 SF 76%
Frisco Lakes8075 FM 423
Frisco, TX 75034
$31.29 1,488 SF 10,200 SF 85.4%
Custer & Eldorado Retail Center3241 South Custer Road
McKinney, TX 75070
$35.28 - 12,586 SF 100%
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Sprint | Anytime Fitness8480 State Highway 121, McKinney, TX 75070
RENT COMPARABLES | RENT COMPS SUMMARY
3 1
Top Golf Shadow Retail5101 State Highway 121
The Colony, TX 75056
$34.17 - 10,023 SF 100%
La Cima Crossing1480 East University Drive
Prosper, TX 75078
$32.22 - 10,149 SF 100%
Chipotle and Sprint2100 Airport Fwy
Bedford, TX 76022
$54.00 - 3,510 SF 100%
PRICE/SF/YR AVAILABLE SF BLDG SF OCCUPANCY %
Totals/Averages $36.40 1,808 SF 9,252 SF 93.84%
8
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10
Sprint | Anytime Fitness8480 State Highway 121, McKinney, TX 75070
RENT COMPARABLES | RENT COMPS SUMMARY
3 2
1 6055 Eldorado ParkwayFrisco, TX 75034
SPRINT - CASTLE SPA2 4920 State Highway 121
Lewisville, TX 75056
CASTLE HILLS COMMONS3 6111 Custer Road
Frisco, TX 75035
CUSTER BRIDGES II4 1855 Dallas Parkway
Plano, TX 75093
WILLOW BEND CROSSING
5 9500 Dallas ParkwayFrisco, TX 75033
FRISCO PLAZA6 8075 FM 423
Frisco, TX 75034
FRISCO LAKES7
3241 South Custer RoadMcKinney, TX 75070
CUSTER & ELDORADO RETAILCENTER 8 5101 State Highway 121
The Colony, TX 75056
TOP GOLF SHADOW RETAIL
9 1480 East University DriveProsper, TX 75078
LA CIMA CROSSING10 2100 Airport Fwy
Bedford, TX 76022
CHIPOTLE AND SPRINT
8480 State Highway 121 | McKinney, TX 75070SUBJECT PROPERTY
Sprint | Anytime Fitness8480 State Highway 121, McKinney, TX 75070
RENT COMPARABLES | RENT COMPS MAP
Section 6 DEMOGRAPHICS
3 4
1 MILE 3 MILES 5 MILES
Total population 3,313 79,067 274,767
Median age 34.1 33.5 34.9
Median age (Male) 34.1 33.5 34.5
Median age (Female) 33.9 33.6 35.3
Total households 1,439 27,093 95,846
Total persons per HH 3.0 2.9 2.9
Average HH income $155,953 $132,293 $125,951
Average house value $335,695 $283,169 $242,079
Total Population - White 3,145 39,004 166,674
% White 94.9% 49.3% 60.7%
Total Population - Black 314 4,286 16,215
% Black 9.5% 5.4% 5.9%
Total Population - Asian 671 10,391 33,537
% Asian 20.3% 13.1% 12.2%
Total Population - Hawaiian 0 0 143
% Hawaiian 0.0% 0.0% 0.1%
Total Population - American Indian 18 195 974
% American Indian 0.5% 0.2% 0.4%
Total Population - Other 83 1,056 4,073
% Other 2.5% 1.3% 1.5%
Total Population - Hispanic 303 4,018 20,033
% Hispanic 9.1% 5.1% 7.3%
* Demographic data derived from 2010 US Census
Sprint | Anytime Fitness8480 State Highway 121, McKinney, TX 75070
DEMOGRAPHICS | DEMOGRAPHICS REPORT
3 5
POPULATION 1 MILE 3 MILES 5 MILES
Total population 3,313 79,067 274,767
Median age 34.1 33.5 34.9
Median age (Male) 34.1 33.5 34.5
Median age (Female) 33.9 33.6 35.3
HOUSEHOLDS & INCOME 1 MILE 3 MILES 5 MILES
Total households 1,439 27,093 95,846
# of persons per HH 3.0 2.9 2.9
Average HH income $155,953 $132,293 $125,951
Average house value $335,695 $283,169 $242,079
ETHNICITY (%) 1 MILE 3 MILES 5 MILES
Hispanic 9.1% 5.1% 7.3%
RACE (%)
White 94.9% 49.3% 60.7%
Black 9.5% 5.4% 5.9%
Asian 20.3% 13.1% 12.2%
Hawaiian 0.0% 0.0% 0.1%
American Indian 0.5% 0.2% 0.4%
Other 2.5% 1.3% 1.5%
* Demographic data derived from 2010 US Census
Sprint | Anytime Fitness8480 State Highway 121, McKinney, TX 75070
DEMOGRAPHICS | DEMOGRAPHICS MAP
INFORMATION ABOUT BROKERAGE SERVICES Texas law requires all real estate license holders to give the following information about brokerage services to prospective buyers, tenants, sellers and landlords.
TYPES OF REAL ESTATE LICENSE HOLDERS: • A BROKER is responsible for all brokerage activities, including acts performed by sales agents sponsored by the broker.• A SALES AGENT must be sponsored by a broker and works with clients on behalf of the broker.
A BROKER’S MINIMUM DUTIES REQUIRED BY LAW (A client is the person or party that the broker represents): • Put the interests of the client above all others, including the broker’s own interests;• Inform the client of any material information about the property or transaction received by the broker;• Answer the client’s questions and present any offer to or counter-offer from the client; and• Treat all parties to a real estate transaction honestly and fairly.
A LICENSE HOLDER CAN REPRESENT A PARTY IN A REAL ESTATE TRANSACTION:
AS AGENT FOR OWNER (SELLER/LANDLORD): The broker becomes the property owner's agent through an agreement with the owner, usually in a written listing to sell or property management agreement. An owner's agent must perform the broker’s minimum duties above and must inform the owner of any material information about the property or transaction known by the agent, including information disclosed to the agent or subagent by the buyer or buyer’s agent.
AS AGENT FOR BUYER/TENANT: The broker becomes the buyer/tenant's agent by agreeing to represent the buyer, usually through a written representation agreement. A buyer's agent must perform the broker’s minimum duties above and must inform the buyer of any material information about the property or transaction known by the agent, including information disclosed to the agent by the seller or seller’s agent.
AS AGENT FOR BOTH - INTERMEDIARY: To act as an intermediary between the parties the broker must first obtain the written agreement of each party to the transaction. The written agreement must state who will pay the broker and, in conspicuous bold or underlined print, set forth the broker's obligations as an intermediary. A broker who acts as an intermediary:
• Must treat all parties to the transaction impartially and fairly;• May, with the parties' written consent, appoint a different license holder associated with the broker to each party (owner and buyer) to communicate with, provide opinions and advice to,
and carry out the instructions of each party to the transaction.• Must not, unless specifically authorized in writing to do so by the party, disclose:
that the owner will accept a price less than the written asking price; that the buyer/tenant will pay a price greater than the price submitted in a written offer; and any confidential information or any other information that a party specifically instructs the broker in writing not to disclose, unless required to do so by law.
AS SUBAGENT: A license holder acts as a subagent when aiding a buyer in a transaction without an agreement to represent the buyer. A subagent can assist the buyer but does not represent the buyer and must place the interests of the owner first.
TO AVOID DISPUTES, ALL AGREEMENTS BETWEEN YOU AND A BROKER SHOULD BE IN WRITING AND CLEARLY ESTABLISH: • The broker’s duties and responsibilities to you, and your obligations under the representation agreement.• Who will pay the broker for services provided to you, when payment will be made and how the payment will be calculated.
LICENSE HOLDER CONTACT INFORMATION: This notice is being provided for information purposes. It does not create an obligation for you to use the broker’s services. Please acknowledge receipt of this notice below and retain a copy for your records.
Information available at www.trec.texas.gov Regulated by the Texas Real Estate Commission IABS 1-0
11-2-2015
Licensed Broker /Broker Firm Name or Primary Assumed Business Name License No. Email Phone
Designated Broker of Firm License No. Email Phone
Licensed Supervisor of Sales Agent/Associate License No. Email Phone
Sales Agent/Associate’s Name License No. Email Phone
Buyer/Tenant/Seller/Landlord Initials Date
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