26761 University Dr, Aubrey, TX 76227
- Retail properties & Spaces
- 4,397 SF
- 1.28 lot acres
Current Use by Public Records
- Retail properties & Spaces
Property Details for 26761 University Dr
- Year built
- 2023
- Lot size
- 1.28 lot acres
- Property type
- Retail properties & Spaces
- Property subtype
- Restaurants
Description
This exceptional investment opportunity presents a brand-new, 4,397 square foot McDonald's restaurant in Aubrey, Texas, featuring a dual drive-thru. Built in 2023, this Class A property sits on a 1.28-acre lot and boasts a 20-year NNN ground lease with a corporate guarantee from McDonald's (NYSE: MCD), a Fortune 500 company with an investment-grade credit rating. The lease includes a 10% rent increase every five years, ensuring strong future returns. The property's strategic location along a major retail corridor on Hwy-380, with daily traffic exceeding 40,000 vehicles, provides exceptional visibility and accessibility. Situated within the rapidly growing Union Park master-planned community, this McDonald's benefits from a densely populated and affluent area with an average household income exceeding $136,000 and over 119,000 residents within a 5-mile radius. The property's proximity to Ray Braswell High School (2,765+ students) and Carrico Stadium (7,000+ seating capacity) further enhances its potential customer base. The asking price is $2,666,666, representing a 3.75% cap rate and a $100,000 net operating income (NOI). The lease expires on December 26, 2043, offering a remaining term of approximately 19.1 years. This is a rare opportunity to acquire a high-quality, income-producing asset in a thriving Texas market.
Value Estimations
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AI approach
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Aubrey
- County
- Denton
- State
- Texas
- Longitude
- -96.9222
- Latitude
- 33.2211
