12081 University DrMcKinney, TX 75071

Property Details for 12081 University Dr

Lot size

1.40 AC

Zone code

COMM

Property type

Commercial land

APN

R-13198-00A-0040-1

APU

R1319800A00401

Description

This exceptional investment opportunity presents a brand-new, 4,285 square foot McDonald's restaurant situated on a 1.41-acre lot in McKinney, Texas. The property boasts a 20-year absolute triple-net (NNN) ground lease with a corporate guarantee from McDonald's, the world's largest fast-food chain. The lease commenced November 1, 2024, and includes eight 5-year renewal options, ensuring long-term stability. Rent increases by 10% every five years throughout the primary term and options, providing significant future income growth. The property's strategic location is a pad site for a new H-E-B store at the high-traffic intersection of US Highway 380/University Drive and Coit Road (45,868+ vehicles per day), benefiting from the strong economic growth driven by H-E-B's expansion in North Texas. The surrounding area features excellent demographics, with over 183,845 residents within a 5-mile radius and an average household income exceeding $181,405. The property is near several schools, including Lorene Rogers Middle, R. Steve Folsom Elementary, Rock Hill High, Jim and Betty Hughes Elementary, and the new Daniel L. Jones Middle School. Built in 2024, this investment offers a 3.75% cap rate and a net operating income (NOI) of $150,000. The asking price is $4,000,000, representing a price per square foot of $933.49. This is a rare opportunity to acquire a high-performing, long-term investment in a rapidly growing area of McKinney, a thriving Dallas suburb experiencing a significant population increase.

Location Insight

City

Mckinney

County

Collin

State

Texas

CBSA code

19100

CBSA name

DALLAS-FORT WORTH-ARLINGTON, TX METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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