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29046750
29046751

1681 N Hardin Blvd, McKinney, TX 75071 For Sale

JP
TX 424317-B
STRIVE Commercial Real Estate Advisors
CJ
TX 833812
STRIVE Commercial Real Estate Advisors
Listed by STRIVE Commercial Real Estate Advisors
$1,910,000
200 days on market
Updated 37 days ago

1681 N Hardin Blvd

Details
Property Type Retail
Sub Type QSR/Fast Food
Cap Rate 5.50%
NOI $105,000
Occupancy 100%
Tenancy Single
Brand/Tenant Smalls Sliders
Lease Type Absolute NNN
Lease Term 15
Lease Expiration 04/29/2040
Remaining Term 14.3
Lease Options 4 x 5 Years
Year Built 2025
Acreage 0.560
Tenant Credit Franchisee
Lease Commencement 04/20/2025
Ground Lease Yes

Smalls Sliders | ABS NNN | 5.5%

Marketing description

Smalls Sliders is an American fast-casual restaurant founded in 2019 in Baton Rouge, Louisiana. The brand specializes in cheeseburger sliders, waffle fries, and milkshakes, served from its signature “Cans” — bright, modular restaurant units. Smalls Sliders has grown rapidly through franchising, with over 300 locations open or under development nationwide.

Investment highlights

  • Brand New 15 Yr NNN Lease Commenced April 2025

  • 10% Rent Increases Every 5 Years and in Option Periods • Below Market Rent for Existing Parcel & Corridor in McKinney, TX

  • Prime Traffic Exposure – the area around Hwy380 & Hardin sees traffic counts in excess of 65,000 vehicles per day

  • Smalls Sliders is a Rapidly Growing Concept with 37 Locations Open and Operating and another 300+ Units Currently Under Development. Average Unit Volume of a Store is $2Million (RestaurantSpaceEvent.com)

  • Proven Capital Backing, brand is funded and actively scaled by 10 Point Capital, alongside investor and ambassador Drew Brees, with founder Brandon Landry’s Walk-On’s track record behind the growth strategy (10PointCapital.com)

  • Outstanding Demographics | Average Household Income Exceeds $129,000 in a 1 Mile Radius – Almost 2X the National Average

  • Strong Synergistic Retailers Include Costco, Cinemark, Target, Kroger, Lowes, The Home Depot, Hobby Lobby, Petco, Marshalls, At Home, 24 Hour Fitness, 7-Eleven, Starbucks, McDonald’s, Chick-fil-A & Many More

Listing Contacts

JP
TX 424317-B
STRIVE Commercial Real Estate Advisors
CJ
TX 833812
STRIVE Commercial Real Estate Advisors
Listed by STRIVE Commercial Real Estate Advisors

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Loan Amount
$0.00
Annual Debt Service
$--
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Annual Cash Flow
$105,000.00
$8,750.00/mo

Valuation Metrics

0
DSCR
5.5%
Cap Rate
5.5%
ROI

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Additional Information

Name
Jennifer Pierson
License
424317-B
Brokerage
STRIVE Real Estate
Brokerage Phone
214-354-6820
Title
Broker
Brokerage Address
17742 Preston Road
Name
Connor Jabbar
License
833812
Brokerage Phone
4698448889
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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