Taco Bell - McKinney, TX

Located at the signalized intersection of US Highway 380 and Lake Forest Drive, this newly developed ground lease offers a long-term, 25-year, triple-net lease commencing in June 2014. The region also benefits from high traffic counts where over 22,000 vehicles pass in front of the site daily.

 

This area is currently undergoing vast retail expansion, with HEB grocery under construction and several other retailers earmarked to move into the immediate area. These retailers include several national chain tenants; Walgreens, directly next to the Taco Bell, a grocery store, banks, and other casual dining establishments scheduled to arrive in the next many months.

 

Immediately adjacent to the site is Baylor Medical Center, a 95-bed hospital which is currently expanding to 200 beds. Other retailers in the immediate area include Subway and Valero Gas.

Additional Info

  • Address: : US Hwy 380 & Lake Forest Dr.,McKinney, TX 75071
  • Price: : $1,369,500
  • Net Rentable Area: : 2,100
  • Lot Size (Acres): : .788
  • CAP Rate: : 4.75%
  • NOI: : $65,000
  • Year Built: : 2014
  • Status: : Available

What Clients Are Saying                                     
 

"Lior Regenstreif is a professional broker that achieves real results for his clients. We purchased a transaction from a seller who had not sold a property in many years and wanted the highest price with no hassles. We were the ultimate buyer and Lior got his seller the price he wanted and made the process as smooth as possible."
Brian Fagan, Selective Real Estate Investments

Contact Us

NNN Deal
in association with Marcus & Millichap

16830 Ventura Blvd. Suite 100
Encino, CA 91436

Lior Regenstreif
First Vice President, Investments
Senior Director, National Retail Group
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Rebekah Zweiban Wallack

Senior Research Analyst
Special Projects Coordinator
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Toll Free: 888.NNN.DEAL
Phone: 818.907.9525
Fax: 818.907.8557