1727 N Central Expy
McKinney, TX
Price:
$5,808,000
Cap Rate:
4.75%
NOI:
$275,880
Building Size:
Approx. 3,408 Sq. Ft.
Lot Size:
Approx. 0.86 Acres
Type:
Single-Tenant / Retail
Sub Category:
QSR
Year Built:
2023
Investment Overview
- 2023 Construction. 3,408+/- SF Building on 0.86+/- Acre Site
- Brand New 15 Year Ground Lease w/ 10% Rental Increases Every 5 Years
- Subject Property is a New Prototype Building with a Double Lane Drive-Thru
- Located Directly in Front of Cameron Crossing (Large Shopping Center)
- Less Than 1 Mile from Raytheon Intelligence & Space’s New Headquarters (4,300+ Employees)
- Excellent Highway Location at the Intersection of Hwy 75 & Hwy 380 (199,500 Combined VPD)
- Shake Shack is one of the Fastest Growing Food Chains in the US and is Publicly Traded
- McKinney | Affluent Suburb of Dallas | Population: 211,000+