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29386035
29386036

7304 Denton Hwy, Watauga, TX 76148 For Sale

CF
NM 20723
Flanagan Investment Real Estate
JM
NM NM 48430
Flanagan Investment Real Estate
Listed by Flanagan Investment Real Estate
$2,310,000
175 days on market
Updated 75 days ago

DARK COSMC’S (MCDONALD’S) | ABSOLUTE NNN GROUND LEASE

Details
Property Type Retail
Sub Type QSR/Fast Food, Restaurant
Square Footage 3,641
Cap Rate 5.5%
NOI $127,050
Tenancy Single
Brand/Tenant McDonald's
Lease Type Absolute NNN
Lease Expiration 05/31/2035
Remaining Term 8.9
Price per SqFt $634
Acreage 1.230
Investment Type Net Lease
Tenant Credit Credit Rated, Corporate Guarantee
Ground Lease Yes

High Traffic Location | Surrounded by National Retailers | Credit Tenant | Fort Worth MSA

Investment highlights

Dark CosMc’s (McDonald’s) - Absolute NNN Ground Lease

About 9 years of lease term remaining through May 31, 2035

Credit tenant for the remaining lease term

Low Price Point

Absolute NNN Ground Lease

• Zero landlord responsibilities

Numerous possibilities for future re-tenanting or redevelopment

Building Size: +/-3,641 Sq. Ft.

Land Size: +/- 1.23 Acres

High growth market in Fort Worth MSA

• Affluent trade area

• One of the fastest growing large city’s in the entire country

Excellent real estate fundamentals

• Fronts on Denton Hwy with over 34,300 VPD

• Surrounded by dense residential neighborhoods

• Located near national retailers including Target, Whataburger, McDonald’s, Chipotle, QuikTrip, and Ross among many others

High visibility location with large pylon sign

Listing Contacts

CF
NM 20723
Flanagan Investment Real Estate
JM
NM NM 48430
Flanagan Investment Real Estate
Listed by Flanagan Investment Real Estate

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Loan Amount
$0.00
Annual Debt Service
$--
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Annual Cash Flow
$127,050.00
$10,587.50/mo

Valuation Metrics

0
DSCR
5.5%
Cap Rate
5.5%
ROI

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