1536 W Hebron Pkwy
Carrollton, TX
Price:
$4,480,000
Cap Rate:
3.75%
NOI:
$168,000
Building Size:
Approx. 3,850 Sq. Ft.
Lot Size:
Approx. 1.25 Acres
Type:
Single-Tenant / Retail
Sub Category:
Casual Dining
Year Built:
2024
Investment Overview
- 2024 Construction. 3,850+/- SF Building on 1.25+/- Acre Site
- Brand New 20-Year Ground Lease w/ 10% Rental Increases Every 5 Years, & (10) 5-Year Options to Renew
- 2.5 miles from $1B Trinity Mills Development, a 300-Acre Transit Hub w/ Mixed-Use, Residential Units, Office Space, Retail, & Hotels
- 110,226 Residents w/in 3 Miles w/ $131,620 Avg. HH Income & 279,994 Residents w/in 5 Miles w/ $124,093 Avg. HH Income
- Less Than a Mile from Indian Creek Golf Club, Featuring Two Championship 18-Hole Courses Renovated in 2019
- McDonald’s, the Largest Fast-Food Chain Globally, Operates Over 41,000 Locations and Generates Over $23.20 B in Revenue
- Carrollton | Dallas, TX Suburb Located 16 Miles from Downtown | Population: 134,083+