TOCA Football Training Center (GL)

950 East Main Street, Allen, TX 75002

$3,251,121

Cap Rate 6.69%

DOM: 415 Updated: 07.01.24 Posted: 03.10.24 Status: Active

Summary

Price $3,251,121	Built/Renov 2010	Tenant TOCA Football Training Center (GL)
Cap Rate 6.69%	Lease Type Modified Gross	Guarantor Corporate
Size/SF 43,750	Lease Start 05-15-2022	#Units 35
Price/SF $74.31	Expiration 05-15-2037	Tenant Type Sport/Fitness
NOI $217,500	R. Term 12.0	Ownership Ground Lease
Rent/SF $4.97	Increases 10.0%/3/yrs	Pop 5Mi 216,351
Lot/AC 8.43	Options 2/5yrs	AHHI 5Mi $137,994

Lease Highlights

TOCA Football Training Center has 13+ years remaining on the current ground lease term with 2 (5-year) options to extend
The lease features 10% rental escalations throughout the initial term and option periods
Corporate guaranteed lease

Location Description

TOCA Football Training Center is strategically located on East Main Street and Fountain Gate Drive, with access to 27,689 vehicles passing by daily. The immediate area is surrounded by key establishments such as Allen Animal Clinic, Twin Oak Private School, Springwood at Allen, Gene Reed Elementary School, and more. Additionally, in the vicinity, there are well-known national tenants including...

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Key Features

Signalized intersection
Build to suit
Oversized lot
Strategically located
Highway close
Top 100 MSA
Strong demographics
Income tax free state
Long 10+ yr lease
Corporate Guarantee

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Links

TOCA Football Wikipedia Allen, Texas Zip Code 75002 Broker Site Page

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Local Information

1 Mile
3 Miles
5 Miles

Tenant

Tenant: TOCA Football
Guarantor:Corporate
Company:TOCA Football Inc
# Units:35
Stock:Private

About Tenant

TOCA Football Inc. is a California-based global soccer experiences company and the largest operator of indoor soccer centers in North America. TOCA is driven by a mission to provide authentic...

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Demographics

	1 Miles	3 Miles	5 Miles
2028 Total Population :	16,502	103,514	227,168
2023 Total Population :	16,458	99,834	219,861
2023 Employed Civilian Pop :	8,583	51,589	115,479
2023 Total Businesses :	408	3,194	5,970
2023 Average Household Income :	$ 119,417	$ 149,212	$ 145,721
2023 Total Consumer Spending :	$ 591 M	$ 4448 M	$ 9762 M
2023 Median Age :	38	36	36
2023 Total Households :	5,824	35,225	78,987
2023 Pop Age 25+: Bachelor's Degree :	4,009	24,464	53,660
2023 Average Home Value :	$ 311,493	$ 446,331	$ 470,146

*ESRI data is presented for informational purposes only

Traffic

Collection Street	Cross Street	Year	Traffic Vol	Distance
S Fountain Gate Dr	E Main St	2004	3,030	0.05 mi
E Main St	S Fountain Gate Dr	2009	25,390	0.07 mi
N Fountain Gate Dr	E Main St	2009	1,570	0.12 mi
Roaring Springs Dr	E Main St	2009	3,000	0.19 mi
E Main St	Richardson Ct	2011	21,836	0.20 mi
Fountain Park Dr	E Main St	2009	1,640	0.34 mi
S Allen Heights Dr	Bullingham Ln	2001	9,500	0.35 mi
W Way Dr	E Main St	2009	350	0.39 mi
S Allen Heights Dr	Petunia Dr	2009	11,200	0.43 mi
Clearwood Ct	N Allen Heights Dr	2009	120	0.44 mi

Listing Broker

Will Lightfoot

SHOP Companies

Contact

7 Listings
1829 Views
1 Sold

Matt Maguire

SHOP Companies

Contact

7 Listings
1829 Views
1 Sold

Will Lightfoot

Will Lightfoot is a partner at SHOP Oklahoma City, focusing on the sale of single tenant net lease retail properties throughout the United States. Will assists developers, corporate users, REITs, institutions, and 1031 exchange buyers in the disposition, acquisition, and sale-leaseback structuring of net lease properties. Will’s career transaction volume exceeds $1.2 Billion. Prior to joining SHOP Companies in 2021, Will spent 10 years at CBRE where he was a Senior Vice President and con

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Matt Maguire

Matt joined SHOP Companies in 2021 focusing on the sale of single tenant net lease retail properties throughout the United States. Matt assists developers, corporate users, REITs, institutions, and 1031 exchange buyers in the disposition, acquisition, and sale-leaseback structuring of net lease properties. During Matt’s career in single tenant net lease assets, he has worked directly in closing more than 100+ transactions with a combined value of more than $650MM. Born and raised in Oklaho

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