Chuck E Cheese | New 2025 Construction - Relocation Store
New 15-Year NNN Lease | 6.00% Cap Rate | Prime Dallas Infill Site
Marketing description
New 15-year NNN lease to Chuck E. Cheese, a globally recognized entertainment restaurant chain founded in 1977.
8% rental increases every five (5) years in the initial term, and 10% rental increases every five years in option periods, providing consistent income growth.
Tenant covers all taxes, insurance, and maintenance, including roof, structure, and parking lot, providing a fully passive investment.
Chuck E. Cheese is growing globally, opening localized family entertainment centers in Asia, Latin America, Africa, Australia, the Middle-East, and Europe.
High-visibility and easily accessible location along North Central Expressway.
Prime setting directly off of U.S. Route 75 (116,000 AADT), feeding directly to Downtown Dallas and leading to increased commuter traffic.
Investment highlights
Prime Retail Location: High-visibility and easily accessible location directly off of U.S. Route 75, feeding directly to Downtown Plano and leading to increased commuter traffic (116,000 AADT).
Reliable Tenancy: Chuck E. Cheese is growing globally, opening localized family entertainment centers in Asia, Latin America, Africa, Australia, the Middle-East, and Europe.
Strong Demographic Base: The five-mile radius serves a populous region of 265,397, with an average annual household income of $191,294 within one mile.
Excellent Traffic Drivers: The property is surrounded by a vibrant mix of local and national retailers that drive Allen’s primary economic activity, including Walmart Supercenter, Bass Pro Shops, Target, Best Buy, Whole Foods, and many more.
Zero Management Responsibilities: Absolute NNN lease structure transfers maintenance and expense obligations to tenant, including roof, structure, and parking lot.
Growing Market Dynamics: Projected population and income increases within 1-, 3-, and 5-mile radii over the next five years poise this Chuck E. Cheese and Allen for steady concurrent growth.
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