About This Restaurant
Investment Highlights
20 Year NNN Ground Lease Featuring 10% Rental Increases Every 5 Years throughout the Initial Term and Options. Brand New 2023 Construction. McDonald?s (NYSE: MCD) is Ranked #169 on the Fortune 500 List, Investment Grade Credit Rating ?BBB+? by S&P?s and Annual Revenue of $23B. Densely Populated and Affluent Area: Features an Average Household Income of more than $136k and over 119k People Residing within a 5-Mile Radius. Positioned Along Area?s Major Retail & Traffic Corridor: Features Easy Access and Excellent Visibility Along Hwy-380. Within Union Park - a 1,100-Acre Master Planned Community, along the US Highway 380 Corridor. Immediate Area Experiencing Major Growth: Located in a Rapidly Growing Community with Robust Demographics.
Executive Summary
20 Year NNN Ground Lease | Rare Low Rent & Infill Location | W/in 1,100-Acre Master Planned Community | Area Experiencing Major Growth | Densely Populated & Affluent Area: $136k+ Avg. HHI | Directly Across from High School and Stadium
Property Details
- Sale Type Investment NNN
- Property Type Retail
- Property Subtype Freestanding Freestanding General Retail Fast Food General Retail Restaurant General Retail Storefront Freestanding
- Building Size 4,397
- Year Built 2023
- Price 2,666,666
- Price Per SF 606
- Cap Rate 3.75
- NOI 100,000
- Tenancy Single
- Building Height 1 Story
- Building FAR 0.08
- Land Acres 1.28 AC
Property Taxes
| Parcel Number | R231069 | Improvements Assessment | $494,955 |
| Land Assessment | $493,594 | Total Assessment | $988,549 |
| Date Created: | 2024-07-16 04:23:45 | Last Updated: | 2024-07-16 04:23:45 |
| Address: | 26761 University Dr , Aubrey, Texas, 76227 | ||