Tight Ends Plano, Texas

Property Overview

Tight Ends Sports Bar & Grill (The “Property”) is a 9,500 square foot, single-tenant restaurant located at the southeast corner of Parkwood Blvd & Sam Rayburn Tollway (State Hwy 121) Service Road in Plano, Texas. Tight Ends recently signed a new, 15-year lease with built-in rental escalations and 2, 5-year renewal options for the premises. The Property is a frontage pad site within The Village at Stonebriar mixed-use development and is shadow anchored by The Container Store and At Home. 

PRIME LOCATION

The surrounding submarket is a dense mixed-use area which encompasses both North Plano and Southern Frisco. The center is surrounded by approximately 6.1 million square feet of retail space within a 1-mile radius of the property. This includes Legacy North, Granite Park, Stonebriar Centre, The Centre at Preston Ridge, Shops at Stonebriar, Preston Village Shopping Center, and the South Frisco Village. The surrounding area has seen meteoric growth over the last decade and is expected to continue at a 4.3% growth rate over the next 5 years. The current population count within a 3-mile radius of the Property is 114,528 with median household incomes exceeding $107,154 per year and median home values of $488,704. 

This real estate investment opportunity offers an investor the ability to acquire a high performing asset with consistent cash flow and minimal Landlord responsibilities located within one of the most dynamic and fastest growing mixed-use submarkets in the entire country.

Investment Highlights