SNL Closes Pair of North Dallas McDonalds in Single Transaction
Anthony Pucciarello Guides Local 1031 Buyer Through Prosper & McKinney Acquisitions
Secure Net Lease, a nationally recognized brokerage firm, has completed the simultaneous sale of two brand-new McDonald’s ground-lease assets in Prosper and McKinney, Texas. The properties were acquired by a Dallas-based private investor executing a 1031 exchange, underscoring the persistent demand for high-quality net-lease real estate in North Dallas’ rapidly growing suburbs.
Anthony Pucciarello, who led the transaction, noted, “We initially brought the McKinney site to market, but interest really picked up when we introduced the Prosper location. That’s when we connected with a local Dallas-based buyer who was in a 1031 exchange and saw an opportunity to acquire both. He purchased the properties with the intention of holding them long-term as part of his family’s real estate portfolio.”
The Prosper asset is a ±4,285-square-foot freestanding McDonald’s located at the hard corner of Frontier Parkway and the Dallas North Tollway—a pad to a forthcoming 132,000-square-foot H-E-B slated to open in 2025. Surrounded by master-planned communities, top-ranked Prosper ISD schools and an average household income of roughly $165,000 within five miles, the site is positioned for long-term stability.
Roughly 15 miles southeast, the McKinney property—also ±4,285 square feet—sits along the busy US-380 / University Drive corridor at Coit Road. More than 183,000 residents with an average household income above $181,000 live within a five-mile radius, while multiple elementary and high schools across the street drive consistent daytime and evening traffic.
The dual-asset closing highlights Secure Net Lease’s ability to package complementary properties and navigate complex multi-site due-diligence processes. Leveraging deep developer relationships and local market knowledge, the team delivered an efficient, all-cash closing that satisfied the buyer’s exchange timeline despite a challenging financing environment.
McDonald’s Corporation, headquartered in Chicago, Illinois, remains the world’s largest quick-service restaurant company with more than 41,800 locations across over 100 countries. Its enduring brand equity, industry-leading drive-thru innovations and broad customer loyalty continue to position McDonald’s ground-lease assets among the most sought-after investments in the net-lease marketplace.
About Secure Net Lease
Secure Net Lease is a nationally recognized brokerage firm with offices in Dallas, TX and Los Angeles, CA that specializes in the acquisition and disposition of investment real estate. With over 100 years of collective experience, over $7.4 billion in sales and transaction history in 48 states, Secure Net Lease consistently ranks among the top 10 of all brokerage firms nationally within their niche. Secure Net Lease works with developers, tenants, private and institutional owners to achieve market-setting cap rates for single- and multi-tenant net-lease investments across the nation. Historically, 88 percent of Secure Net Lease offerings are new construction leased to nationally known tenants with 10+ years remaining on the primary term.
