Property Listing No Longer Available for Sale

NWC HWY 380 & Hardin Blvd, McKinney, TX

Retail for Sale - 1 acres


Property Info

CIMLS#1039566
Location
  NWC HWY 380 & Hardin Blvd
  McKinney TX 75071
UpdatedOctober 22nd, 2020
TypeRetail
PriceUpon Request
Land1 acres

Property Description

PROPERTY OVERVIEW

Walk-On's planned for McKinney, TX. The larger pad size, ample parking, large 8,800 sq. ft. building will make the Walk-On's site stand out above the rest.

PROPERTY HIGHLIGHTS

• Single Tenant Absolute NNN

• 20 Year Lease

• 2019 Construction

• 10% rent increase every 5 years

• 133,364 VPD on Hwy 75

• 42,130 VPD Hwy 380

• 23,735 Households in a 3-mile radius

OFFERING SUMMARY

Sale Price: $5,928,571

Cap Rate: 7.0%

NOI: $415,000

Lot Size: 1.8 Acres

Building Size: 8,800

SF Price / SF: $673.70


Financials