About This Restaurant
Investment Highlights
15 Year NNN Ground Lease with McDonald's Corporate Backing Featuring 10% Rental Increases Every 5 Years throughout the Initial Term and Options. CosMc's Parent Company, McDonald?s (NYSE: MCD) is Ranked #169 on the Fortune 500 List, Features Investment Grade Credit Rating ?BBB+? by S&P?s. Adjacent from the new Shops at Chisholm Trail Ranch, a 35-acre, 250k Sq.Ft., Retail, Entertainment and Dining Destination. Cosmc's is McDonald's Spin-off Fast Food Chain that will Focus on Coffee and other Drinks. Within Chisholm Trail Ranch Master Development - 625 Acres of Shopping, Dining, & Entertainment destinations including extensive Hike and Bike Trails. Densely Populated and Affluent Fort Worth Suburb: Features an Average Household Income of more than $122k within a 1-Mile Radius.
Executive Summary
Within 625-Acre Chisholm Ranch Master Development | Densely Populated and Affluent Area: $122k+ Average HHI | Location Experiencing Major Growth | Adjacent from new Retail, Entertainment and Dining Destination | Near Numerous Schools
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 1,800
- Year Built 2024
- Construction Status Under Construction
- Price 3,000,000
- Price Per SF 1,667
- Cap Rate 4
- NOI 120,000
- Percent Leased 100
- Building Height 1 Story
- Building FAR 0.04
- Land Acres 1.04 AC
Property Taxes
| Parcel Number | 42416297 | Improvements Assessment | $687,465 |
| Land Assessment | $0 | Total Assessment | $687,465 |
| Date Created: | 2024-07-16 04:23:44 | Last Updated: | 2024-07-16 04:23:44 |
| Address: | 5341 McPherson Blvd , Fort Worth, Texas, 76123 | ||