McDonald's
4,285 SF | Retail Building | McKinney, TX 75071 | $4,109,000 ($959/SF) | 3.65% Cap Rate
For Sale
Active
- Date Added:
- May 17, 2024
- Days on Market:
- 28 days
Asking Price $4,109,000
- Property Type
-
Retail, Restaurant
- Square Feet
- 4,285 SF
- Price / Square Foot
- $959
Listing Contacts
Anthony Pucciarello
Verified Profile
Bob Moorhead
Verified Profile
- Property Info
Property Details
- Year Built
- 2024
- Stories
- 1
- Property Subtype
- Freestanding, Storefront
- Lot Size (sq. ft)
- 61,420 SF
Highlights
- Brand New 20-Year Abs. Ground Lease w/ 10% Rental Increases Every 5 Years, & (8) 5-Year Options to Renew.
- Pad Site for New H-E-B at US 380/University Dr & Coit Rd (45,868+ VPD), with 430+ Stores and 155k Employees, Driving North Texas Economic Growth.
- Excellent Demographics: 183,845 Residents Within 5 Miles, with an Average Household Income of $181,405.
- Nearby Schools: Lorene Rogers Middle, R. Steve Folsom Elementary, Rock Hill High, Jim and Betty Hughes Elementary, and the New Daniel L. Jones Middle.
- McDonald’s, the Largest Fast-Food Chain Globally, Operates Over 41,000 Locations and Generates Over $23.20 B in Revenue.
- McKinney | A Rapidly Growing Dallas Suburb with a 20% Population Increase Since 2017 | Population: 214,810+
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