Skip to main content

Restaurant

Brand New McDonald's w/ Dual Dr-Thru | 20 Yr NNN Ground Lease | DFW MSA | Low Rent & Infill Location

26761 E University Dr, Little Elm (DFW MSA), TX 76227

Listing Price: $2,666,666

Cap Rate
3.75%
Tenant Name
McDonald's
Years Remaining On Lease
19.6
Gross SF
4,397
Guarantor
Franchisee Guarantee
Rentable SF
4,397
Price/Gross SF
$606.47
Lease Type
NNN Ground Lease
Rent Per Square Feet
$22.74

Investment Overview

Little Elm is a city in Denton County, Texas, and a part of the Dallas–Fort Worth metroplex. By the 2010 census, the city total had jumped to 25,898, making Little Elm one of the fastest-growing municipalities by percentage in Texas since 2000. The July 1, 2022 census estimates Little Elm’s population as 55,357. The original downtown area of Little Elm, commonly known as “The Lakefront”, has seen much investment in recent years. Multiple restaurants and entertainment options have established themselves in the area near Eldorado and Main Street, and multiple middle to upper income apartment developments have been completed or are in planning/construction phases. This has created a localized densification effect in a desirable area of the city, a city which is otherwise known for its sprawl and single family zoning patterns. Little Elm has access to the rest of the DFW metroplex via several regionally significant thoroughfares. The Dallas North Tollway is a 5-minute drive east of Little Elm, which opens up the greater north Dallas region to residents, including several large employment and shopping hubs. DFW Airport is about 30 minutes away by car, and Love Field is about 35 minutes by car.

Investment Highlights

  • 20 Year NNN Ground Lease Featuring 10% Rental Increases Every 5 Years throughout the Initial Term and Options. Brand New 2023 High Quality Construction w/ Dual Drive-Thru. Rare Low Rent.
  • Positioned Along Area's Major Retail & Traffic Corridor: Features Easy Access and Excellent Visibility Along Hwy-380 with Daily Traffic Counts Exceeding 40k Vehicles
  • McDonald's (NYSE: MCD) is Ranked #169 on the Fortune 500 List, Features Investment Grade Credit Rating "BBB+" by S&P's and has an Annual Revenue Exceeding $23.1 Billion.
  • Within Union Park - a 1,100-Acre Master Planned Community, along the US Highway 380 Corridor. The Foundation of the Community is a 30-Acre Park w/ open Greenbelts & Natural Ponds. A total of 3,400 Single-Family Homes are planned, along with Walking Trails, Amenity Center & Food Truck Park.
  • Directly Across from Ray Braswell High School (2,765+ Students) and Numerous others, providing for an Increased Potential Customer Base due to the Daily Commute of Parents, Students, and Teachers.
  • Densely Populated and Affluent Area: Features an Average Household Income of more than $136k and over 119k People Residing within a 5-Mile Radius. Little Elm one of the Fastest-Growing Municipalities by Percentage in the Texas since 2000.
  • Immediate Area Experiencing Major Growth: Located in a Rapidly Growing Community with Robust Demographics - Near Several Large Retail & Housing Developments / Under Construction.
  • Across from Carrico Stadium - The Stadium Contains a Home and Visitor "Grandstand" that Seats Approximately 7,000 Fans in an Intimate Setting.

Exclusively Listed By

Broker of Record

  • Alvin N. Mansour

    Executive Managing Director Investments

    (858) 373-3100

    License(s) TX: 0606255

    Texas

Restaurant

Brand New McDonald's w/ Dual Dr-Thru | 20 Yr NNN Ground Lease | DFW MSA | Low Rent & Infill Location

Listing Price: $2,666,666

Cap Rate
3.75%
Tenant Name
McDonald's
Years Remaining On Lease
19.6
Gross SF
4,397
Guarantor
Franchisee Guarantee
Rentable SF
4,397
Price/Gross SF
$606.47
Lease Type
NNN Ground Lease
Rent Per Square Feet
$22.74

Investment Highlights

  • 20 Year NNN Ground Lease Featuring 10% Rental Increases Every 5 Years throughout the Initial Term and Options. Brand New 2023 High Quality Construction w/ Dual Drive-Thru. Rare Low Rent.
  • Positioned Along Area's Major Retail & Traffic Corridor: Features Easy Access and Excellent Visibility Along Hwy-380 with Daily Traffic Counts Exceeding 40k Vehicles
  • McDonald's (NYSE: MCD) is Ranked #169 on the Fortune 500 List, Features Investment Grade Credit Rating "BBB+" by S&P's and has an Annual Revenue Exceeding $23.1 Billion.
  • Within Union Park - a 1,100-Acre Master Planned Community, along the US Highway 380 Corridor. The Foundation of the Community is a 30-Acre Park w/ open Greenbelts & Natural Ponds. A total of 3,400 Single-Family Homes are planned, along with Walking Trails, Amenity Center & Food Truck Park.
  • Directly Across from Ray Braswell High School (2,765+ Students) and Numerous others, providing for an Increased Potential Customer Base due to the Daily Commute of Parents, Students, and Teachers.
  • Densely Populated and Affluent Area: Features an Average Household Income of more than $136k and over 119k People Residing within a 5-Mile Radius. Little Elm one of the Fastest-Growing Municipalities by Percentage in the Texas since 2000.
  • Immediate Area Experiencing Major Growth: Located in a Rapidly Growing Community with Robust Demographics - Near Several Large Retail & Housing Developments / Under Construction.
  • Across from Carrico Stadium - The Stadium Contains a Home and Visitor "Grandstand" that Seats Approximately 7,000 Fans in an Intimate Setting.

Investment Overview

Little Elm is a city in Denton County, Texas, and a part of the Dallas–Fort Worth metroplex. By the 2010 census, the city total had jumped to 25,898, making Little Elm one of the fastest-growing municipalities by percentage in Texas since 2000. The July 1, 2022 census estimates Little Elm’s population as 55,357. The original downtown area of Little Elm, commonly known as “The Lakefront”, has seen much investment in recent years. Multiple restaurants and entertainment options have established themselves in the area near Eldorado and Main Street, and multiple middle to upper income apartment developments have been completed or are in planning/construction phases. This has created a localized densification effect in a desirable area of the city, a city which is otherwise known for its sprawl and single family zoning patterns. Little Elm has access to the rest of the DFW metroplex via several regionally significant thoroughfares. The Dallas North Tollway is a 5-minute drive east of Little Elm, which opens up the greater north Dallas region to residents, including several large employment and shopping hubs. DFW Airport is about 30 minutes away by car, and Love Field is about 35 minutes by car.

Exclusively Listed By

Broker of Record

  • Alvin N. Mansour

    Executive Managing Director Investments

    (858) 373-3100

    License(s): TX: 0606255

    Texas

MM Texture Background
MM Textured Background Lower