PNC Bank | Shadow Anchored by Albertsons
Arlington, TX
McDonald’s | Outparcel to Kroger Anchored Center
8888 Teel Parkway, Frisco, TX 75034
Price: $2,349,000
Status: Under Contract
Cap Rate: 4.25%
Year Built: 2011
NOI: $99,816
Lot Size: 1.12 acres
Price Per Foot:
Lease Type: Absolute Triple-Net Ground (NNN)
Remaining Term: 6+
GLA: 4,703 sqft
Property Intro
investment highlights
- Corporate Lease Guaranty From McDonald’s, Inc. (NYSE: MCD) (S&P: BBB+) – Global Presence in Over 118 Countries
- Historically Low Rent-to-Sales Figures at Subject McDonald’s – High Performing Location Ensuring Long-Term Operation
- Prime Retail Corridor Location – Outparcel to High-Performing Kroger-Anchored Shopping Center (Main Street Village) – Receives Over 2.5 Million Visitors Per Year
- Frisco, Texas – Rapidly Growing Submarket of the Booming Dallas-Fort Worth Metroplex
- Absolute Triple-Net (NNN) Ground Lease – Zero Landlord Responsibilities
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