McDonald's (GL)

1536 West Hebron Parkway, Carrollton, TX 75010

$4,480,000

Cap Rate 3.75%

Views: 467 Updated: 09.13.24 Posted: 06.26.24 Status: Inactive 12.17.24

Summary

Price $4,480,000	Built/Renov 2024	Tenant McDonald's (GL)
Cap Rate 3.75%	Lease Type Abs NNN	Guarantor Corp T and Rated
Size/SF 3,850	Lease Start 10-01-2024	#Units 43,000
Price/SF $1,163.64	Expiration 11-30-2044	Tenant Type Fast Food/QSR
NOI $168,000	R. Term 19.11	Ownership Ground Lease
Rent/SF $43.64	Increases 10.0%/5/yrs	Pop 5Mi 279,944
Lot/AC 1.25	Options 10/5yrs/10%	AHHI 5Mi $124,093

Bob Moorhead

Secure Net Lease

Contact

Lease Highlights

Brand-new 2024 construction
New 20-year ground lease with 10 (5-year) options to extend
The lease features 10% rental escalations throughout the initial term and option periods
Absolute NNN lease | Zero landlord responsibilities
Corporate guarantee | Investment grade tenant

Location Description

McDonald's is strategically located on W Hebron Parkway, with access to 20,035 vehicles passing by daily. Situated directly off Sam Rayburn Tollway, which sees an additional 131,254 vehicles per day, the property is surrounded by well-known national tenants, including CVS, QuikTrip, 7-Eleven, Starbucks, Domino's, Sonic, and more.The 5-mile trade area is supported by a population of 279,944...

...

Key Features

New construction
Build to suit
Dense retail corridor
Freeway visibility
Top 100 MSA
Income tax free state
Brand new lease
Long 20+ yr lease
Traded and rated company
Investment grade tenant

...

Links

McDonald's Wikipedia McDonald's Wikipedia Carrollton, Texas Zip Code 75010 Broker Site Page

Maps

Local Information

1 Mile
3 Miles
5 Miles

Tenant

Tenant: McDonald's
Guarantor:Corp T and Rated
Company:McDonald's Corporation
# Units:43,000
Tenant S&P: BBB+
Moody’s: Baa1
Stock: NYSE: MCD

About Tenant

McDonald's Corporation, dba McDonald’s, is an American-based, multinational fast food chain. McDonald's is best known for its hamburgers, cheeseburgers, and french fries, although their...

...

Demographics

	1 Miles	3 Miles	5 Miles
2029 Total Population :	12,837	83,646	263,132
2024 Total Population :	13,007	81,471	256,694
2024 Employed Civilian Pop :	8,182	48,366	153,825
2024 Total Businesses :	364	3,169	8,810
2024 Average Household Income :	$ 131,359	$ 140,838	$ 129,607
2024 Total Consumer Spending :	$ 560 M	$ 3862 M	$ 11541 M
2024 Median Age :	36	37	37
2024 Total Households :	4,864	31,461	101,433
2024 Pop Age 25+: Bachelor's Degree :	3,585	20,716	59,125
2024 Average Home Value :	$ 504,395	$ 507,173	$ 472,538

*ESRI data is presented for informational purposes only

Traffic

Collection Street	Cross Street	Year	Traffic Vol	Distance
Hwy 121 Access Rd	Hwy 121	2004	47,000	0.21 mi
Huffines Blvd	Bastrop Dr	2004	3,087	0.28 mi
W Hebron Pkwy	Fairway Ct	2001	17,737	0.30 mi
Fairway Ct	W Hebron Pkwy	2001	11	0.31 mi
Fairway Dr	Thompson Dr	2010	3,606	0.34 mi
Fairway Dr	W Hebron Pkwy	2001	1,802	0.36 mi
Legacy Trl	Indian Oaks Ln	2011	1,131	0.37 mi
Fairway Dr	Thompson Dr	2010	3,321	0.39 mi
W Hebron Pkwy	Fairway Ct	2005	25,995	0.41 mi
W Hebron Pkwy	Legacy Trl	2009	32,140	0.41 mi

Listing Broker

Disclaimer & Confidentiality

All information, content, data, and other materials on this Platform (“Content”) is made available to you on an “AS IS” basis without warranties of any kind, express or implied. All such Content is made available for informational purposes only and should not be relied on by you for any purpose. Content may contain errors, may be inaccurate or incomplete and/or, due to changing circumstances or other causes, may change or ultimately prove to be inaccurate or incomplete. Other than as set forth in our Terms of Service we do not have any control over your use of our Services or any Content. You should not use any such Services or any Content without validating the results through independent research, obtaining up-to-date information, and considering all relevant facts and circumstances, including your specific situation (financial or otherwise). We do not recommend, guarantee, or represent that the Services or any Content will predict the future performance of real estate assets or other assets of any kind. Moreover, we do not warrant the performance or results that may be obtained by using any of the foregoing. WE ARE NOT ENGAGED IN RENDERING TAX, LEGAL, INVESTMENT, FINANCIAL OR RISK MANAGEMENT ADVICE, AND THE RESULTS OF USE OF OUR SERVICES AND ANY CONTENT MUST NOT BE REGARDED OR REPRESENTED AS CONSTITUTING SUCH ADVICE. WE DO NOT MAKE ANY REPRESENTATIONS OR WARRANTIES REGARDING THE ACCURACY OF ANY CONTENT AND/OR PROJECTIONS GENERATED BY THE SERVICES OR ANY CONTENT