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Mc Kinney, TX 75072
$2,400,000

About this home

Rare opportunity to own a prime tenant-occupied restaurant space in Adriatica Village, one of McKinney’s most recognizable and desirable destinations. The property has undergone major renovations, resulting in an attractive, fully improved dining space. Improvements include a new bar featuring backlit quartzite, an additional 11-foot kitchen hood bringing the total hood length to approximately 27 feet, new wood flooring replacing the previous concrete floors, ceiling-mounted acoustic panels to reduce noise, a transparent glass wine cellar, extensive electrical and lighting upgrades, and a new audio system. The patio overlooks Adriatica Lake, offering an exceptional waterfront setting that may be unmatched by any other restaurant location in Collin County. Ideally positioned near Stonebridge Ranch, Frisco and Prosper, the property is surrounded by some of the region’s most desirable and well-populated communities and benefits from a strong regional dining and entertainment customer base. The restaurant opened in May 2026 with a five-year lease, an additional five-year renewal option and annual rent increases. With a tenant already in place, personal guarantees from all three restaurant partners and a truly unique location and view, this property presents an outstanding opportunity for an investor seeking an income-producing commercial asset in the heart of Adriatica Village. Approximate cap rate: 7%. Buyer to independently verify all property, lease and financial information.

Overview

Full Baths
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Half Baths
0
Bathrooms
0
Bedrooms
0
Building Area
4987
Living Area
0
Property Subtype
Retail
Property Type
Commercial Sale
Status
Pending
Year Built
2013

Interior

Cooling
Central Air
Fireplaces
0
Flooring
Engineered Hardwood
Heating
Central

Exterior & Construction

Construction
Rock, Stone
Foundation
Slab
Roof
Spanish Tile

Parking

Covered Parking
0
Garage Spaces
0

Location & Area

City
Mc Kinney
County
Collin
ZIP Code
75072
State
TX
Subdivision
HARBOR AT ADRIATICA RETAIL CONDOMINIUMS (CMC), UNI
Unit #
6101

Financial

Price
2400000

Utilities

Sewer
Public Sewer
Utilities
Sewer Available, Water Available

Listing Details

Listing Agent
Jared Tye
Listing Office
Tye Realty Group
MLS #
21341317
Virtual Tour
https://www.propertypanorama.com/instaview/ntreis/21341317

Listing agents

Listing AgentJared TyeTye Realty Group

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