7304 Denton Hwy Watauga, TX 76148-1243

This exceptional investment opportunity presents a 3,782 square foot McDonald's/CosMc's restaurant located at 7304 Denton Hwy, Watauga, TX 76148, in Tarrant County. The property sits on a sizable 1.23-acre lot and benefits from a strong 10.5-year remaining lease term (expiring 05/31/2035), commencing May 1, 2024, with a corporate guarantee from McDonald's. The lease is a triple-net (NNN) structure, offering investors significant passive income potential. The current asking price is $2,541,000, yielding a 5.00% cap rate, projected to increase to 4.40% after the first year due to a 10% rent increase in 2025, with further 10% increases every five years thereafter. The property underwent renovations in 2024 and boasts a 100% occupancy rate, generating a net operating income (NOI) of $127,050. The location is highly desirable, situated on Denton Highway, a major thoroughfare with over 45,000 vehicles per day, connecting Fort Worth and Denton. The surrounding area is affluent, with over 311,000 residents within a 5-mile radius and an average household income exceeding $137,000. This is only the third CosMc's location nationwide and the second in the Dallas-Fort Worth area, representing a unique and promising investment in a rapidly growing market. The lease includes five, five-year options to renew, providing long-term stability and growth potential. This is a motivated seller seeking a year-end closing.