380 North A | 4010 W University Dr
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380 North A 4010 W University Dr
3,000 SF 100% Leased Retail Building McKinney, TX 75071 £3,726,975 (£1,242/SF) 6.25% Net Initial Yield
Executive Summary
2024 Construction Class “A” 3 Tenant Retail Strip Totaling 7,026 SF
Long Term NNN Leases – Providing Ease of Management | Rental Escalations in Primary Term
All Suite Sizes are Less Than 3,000 SF & Extremely Leasable
Pad Site to Future Anchor Tenants Such as EOS Fitness, Dave & Buster’s, & More
Excellent Positioning Fronting Highway 380 – Most Trafficked East/West Thoroughfare in North DFW | Visible to Over 50,000 Vehicles per Day
Across the Street from Raytheon’s Space and Airborne Systems Headquarters which Employs Over 3,000 People Click Here to Read More
High Growth North DFW Market | McKinney was Ranked 4th Fastest Growing Big City in the U.S. in 2020 Click Here to Read More
Outstanding Demographics | Average Household Income Exceeds $129,000 in a 1 Mile Radius – Almost 2X the National Average
Surrounding National Retailers Include Costco, Walmart Supercenter, Target, Kroger, Lowes, The Home Depot, Hobby Lobby, Petco, Marshalls, At Home, 24 Hour Fitness, 7-Eleven, Starbucks, McDonald’s, Chick-fil-A & Many More
Long Term NNN Leases – Providing Ease of Management | Rental Escalations in Primary Term
All Suite Sizes are Less Than 3,000 SF & Extremely Leasable
Pad Site to Future Anchor Tenants Such as EOS Fitness, Dave & Buster’s, & More
Excellent Positioning Fronting Highway 380 – Most Trafficked East/West Thoroughfare in North DFW | Visible to Over 50,000 Vehicles per Day
Across the Street from Raytheon’s Space and Airborne Systems Headquarters which Employs Over 3,000 People Click Here to Read More
High Growth North DFW Market | McKinney was Ranked 4th Fastest Growing Big City in the U.S. in 2020 Click Here to Read More
Outstanding Demographics | Average Household Income Exceeds $129,000 in a 1 Mile Radius – Almost 2X the National Average
Surrounding National Retailers Include Costco, Walmart Supercenter, Target, Kroger, Lowes, The Home Depot, Hobby Lobby, Petco, Marshalls, At Home, 24 Hour Fitness, 7-Eleven, Starbucks, McDonald’s, Chick-fil-A & Many More
Property Facts
Sale Type
Investment
Property Type
Retail
Building Size
3,000 SF
Year Built
2024
Price
£3,726,975
Price Per SF
£1,242
Net Initial Yield
6.25%
NOI
£232,909
Percent Leased
100%
Number of Floors
1
Building FAR
0.01
Lot Size
10.63 AC
Zoning
COMM
Nearby Major Retailers
PROPERTY TAXES
| Parcel Number | R-6450-001-0490-1 | Improvements Assessment | £0 |
| Land Assessment | £4,658,973 | Total Assessment | £4,658,973 |
PROPERTY TAXES
Parcel Number
R-6450-001-0490-1
Land Assessment
£4,658,973
Improvements Assessment
£0
Total Assessment
£4,658,973
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380 North A | 4010 W University Dr
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