6601 Mediterranean, McKinney, Texas

Description

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.

Directions: From US Highway 75, travel west on Virginia Parkway. Turn left onto Adriatic Parkway. At the roundabout, take the first exit onto Mediterranean Drive. The restaurant will be on the left.