Salad and Go

Property Details

Asking Price:
Property Type:
Single Tenant
Lease Type:
Absolute NNN
Lease Term:
20 years
Square Footage:
780 sqft
Year Built:
Lot Size:
1.15 acres

Salad and Go

War Room

Confidentiality Agreement

Property Overview

  • Brand new corporate 20-year Absolute NNN sale leaseback
  • Excellent demos with over 136,000 people and household incomes in excess of $139,000 within a three-mile radius of the site
  • Guarantee from the parent company, And Go Concepts, LLC
  • The intersection of Custer Rd and Main St / Stacy Rd carries over 65,000 VPD
  • Property is located within the largest MSA in Texas (Dallas-Fort Worth)
  • Income tax free state
  • 10% increases throughout the primary term and option periods
  • Salad and Go is one of the nation’s hottest emerging brands with 82 current locations and 18 more locations immediately coming soon
This ± 780 square foot Salad and Go is situated on ± 1.15 acres of land at the NEQ of Custer Road and Main Street / Stacy Road in the flourishing trade area of McKinney, Texas. The site is located at a signalized intersection with excellent street exposure to a combined traffic count of 65,144 vehicles per day along Custer Rd and Main St / Stacy Rd. Salad and Go will sign a 20-year Absolute NNN lease that commences upon closing with three 5-year options featuring 10% rental increases every five years throughout the primary term and option periods. This Salad and Go enjoys the benefit of a corporate lease with a guarantee from And Go Concepts, LLC, the parent company of Salad and Go. The City of McKinney is the 17th most populated city in Texas with a population of 189,394 people. The City of McKinney is located within Collin County – boasting a current population of 1,109,462 people and in 2021 was named as the 2nd fastest growing county in the United States.

The Dallas-Fort Worth Metroplex is the largest metropolitan area in Texas, the largest in the South, and fourth largest in the U.S. with a population of 7,759,615 according to a March 2022 FRED Economic Data Estimate. Dallas-Fort Worth led the nation in population growth for the past decade (2010-2019), adding 1,349,378 residents to its population. Dallas Business Journal reports Dallas-Fort Worth could see an increase in nearly 1,350,000 residents by 2029 making Dallas-Fort Worth the number one metro in the country for population growth for the second consecutive decade. Overall, Dallas-Fort Worth is the 20th largest metro economy in the world and has a gross metro product exceeding $598 billion. As a result, the Dallas-Fort Worth Metroplex benefits from the 24 Fortune 500 company headquarters and the 43 Fortune 1000 headquarters located throughout Dallas-Fort Worth. Low taxes, a low cost of doing business, and a business-friendly environment continue to drive new job growth and attract new residents to the area.

This Salad and Go benefits from an extremely dense three-mile population with over 136,000 people and average household incomes over $139,000 per year. The intersection of Custer Rd and Main St / Stacy Rd is rapidly emerging as a thriving retail corridor with existing national retailers that include ALDI, Chase Bank, Freddy’s Frozen Custard, Crème de la Crème, AutoZone, CVS and Walgreens. Walmart has purchased approximately 5 acres immediately adjacent to Salad and Go on the NEQ of the intersection and Brookfield Properties is currently under development on the NWC and SWC of the intersection for their 735-acre mixed-use master planned development, The Grove, which at completion will include single-family, multi-family and commercial development. Located at an intersection that boasts huge residential densities, huge average household incomes and huge traffic counts, along with additional residential development currently under construction, this Salad and Go gives a buyer the potential opportunity to own one of the nation’s hottest emerging brands that is built for long-term stability.