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$2,400,000

$2,600,000

6601 Mediterranean Drive 6101, McKinney, TX, 75072

On MarketInfo
CommercialInfo
Price DropInfo
Beds1 Beds
Baths2 Bath
Baths1,405 Sq Ft
Year BuiltBuilt in 2013

Highlights

Interior

Bedrooms 1Bedrooms 1
Bathrooms Full 2Bathrooms Full 2
FlooringWood

Exterior

Lot Size4.32 acres

Building Information

Year Built2013
Stories1

Land Information

APNR-10459-000-6402-1
Lot Number6402
SubdivisionHarbor At Adriatica Residental Condomini
Land UseResidential
Legal DescriptionHARBOR AT ADRIATICA RESIDENTAL CONDOMINIUMS (CMC), UNIT 6402, .45 % CMN INT
Census Tract030531
Assessed Land Value$18,646
Assessed Improvement Value$449,074
Assessment Year2025

About this property

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.

Investor Tools

$332,082Estimated Mortgage Balance
$135,638Estimated Equity
28% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$14,400 /month
Positive
Cash Flow Estimate:
$4,800 /month

Interested in this property?

Jared Tye

Tye Realty Group

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$957/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$9,140
$467,720
2025
$18,646
$449,074
$467,720
No

Tax History

Year
Tax Paid
Assessed Value
2024
$9,140
$467,720

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Nfm Lending
Conventional
$336,000
No
First
Nov 24, 2025
Dec 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$332,082
$135,638
28%
71%
$2,015/mo

City: McKinney

6601 Mediterranean Drive 6101 | Property Details | No Agent List