Broker of Record Kyle Matthews License No. 9005919 Matthews Retail Group, Inc. 841 Apollo Street. Suite 150, El Segundo, CA 90245 (310) 919-5757
Papa John’s performed an EARLY lease extension – They recently extended their lease for 5 years, one of the strongest attributes to recognize a high performing store
Proven Location – Papa John’s has operated at this site for nearly 25 years showing a strong commitment to the location
Perfect for an Out of State Investor – This is an absolute NNN property with zero landlord responsibilities
Strong Guarantee – One of the few Papa John’s corporately operated/backed stores
NCAA D-1 University Nearby – Property is located within 5 minutes of the University of North Texas and Texas Women’s College which have a combined enrollment of 50,000+ students. UNT generates an economic impact of $1.65 billion in the DFW area annually.
Denton is Part of the Dallas Fort Worth MSA – Dallas MSA is one of the most attractive markets in the entire country – ranked the USA’s 4th largest MSA
Explosive Growth – Population is expected to boom over 16.5% within a 1, 3, and 5-mile radius in the next 5 years. By 2023 the population will be nearly 140,000 people within a 5-mile radius.
Remarkable Traffic Counts – The property is situated off W University Dr that experiences 31,000 VPD
Dense Retail Corridor – Located directly across from a Kroger anchored shopping center with surrounding tenants such as Wells Fargo, Arby’s, Goodyear, Starbucks, Auto zone, McDonald’s, Walgreens, and more.
Papa John’s has over 5,200 locations, operating in all 50 states and in 44 countries.
It is the third largest take-out and pizza delivery restaurant chain in the entire world.
Papa John’s is a publicly traded company that has a market cap of over $1.41B with annual revenue nearly $1.8B
Papa John’s American Customer Satisfaction Index (ACSI) score of 80 was the second highest score out of all the limited-service restaurants – including popular brands such as McDonald’s and Burger King.