2105 Frontier Pkwy Prosper, TX 75078
- Retail properties
- 4,285 SF
- 1.46 lot acres
Current Use by Public Records
- Retail properties
Property Details for 2105 Frontier Pkwy
- Year built
- 2024
- Lot size
- 1.46 lot acres
- Property size
- 4,285 SF
- Property type
- Retail properties
Description
This exceptional investment opportunity presents a brand-new, 4,285 square foot McDonald's restaurant situated on a 1.46-acre lot in Prosper, Texas. Built in 2024, the property boasts a 20-year absolute NNN ground lease with a corporate guarantee, ensuring consistent cash flow. The lease features 10% rent bumps every five years throughout the primary term and eight, five-year options, providing significant long-term growth potential. The property enjoys exceptional visibility, strategically located off the new Dallas North Tollway extension, within three miles of major attractions including PGA Headquarters, Universal Studios, and Baylor Scott and White. Its prime location is further enhanced by its proximity to a new H-E-B grocery store and Prosper High School, serving over 3,875 students. The 3.75% cap rate, $150,000 annual net operating income (NOI), and $4,000,000 asking price make this a compelling investment in a high-growth area. Prosper is consistently ranked among the top places to raise a family in Texas, boasting a population exceeding 44,678. This McDonald's, part of the world's largest fast-food chain, offers a secure and lucrative investment opportunity with substantial long-term returns. The lease commenced December 1, 2024, and expires December 1, 2044.
Value Estimation
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Prosper
- County
- Collin
- State
- Texas
- Longitude
- -96.8301
- Latitude
- 33.2621
