For Sale
$4,000,000

2105 Frontier Pkwy Prosper, TX 75078

Prosper, TX McDonald's - High-Growth Area

Overview

Added:
Dec 11, 2024
Days on market:
133
This exceptional investment opportunity presents a brand-new, 4,285 square foot McDonald's restaurant situated on a 1.46-acre lot in Prosper, Texas. Built in 2024, the property boasts a 20-year absolute NNN ground lease with a corporate guarantee, ensuring consistent cash flow. The lease features 10% rent bumps every five years throughout the primary term and eight, five-year options, providing significant long-term growth potential. The property enjoys exceptional visibility, strategically located off the new Dallas North Tollway extension, within three miles of major attractions including PGA Headquarters, Universal Studios, and Baylor Scott and White. Its prime location is further enhanced by its proximity to a new H-E-B grocery store and Prosper High School, serving over 3,875 students. The 3.75% cap rate, $150,000 annual net operating income (NOI), and $4,000,000 asking price make this a compelling investment in a high-growth area. Prosper is consistently ranked among the top places to raise a family in Texas, boasting a population exceeding 44,678. This McDonald's, part of the world's largest fast-food chain, offers a secure and lucrative investment opportunity with substantial long-term returns. The lease commenced December 1, 2024, and expires December 1, 2044.

Highlights

  • 2024 Construction, 4,285 SF building on 1.46-acre site.
  • New 20-year Absolute NNN ground lease with 10% rent increases every 5 years.
  • Excellent visibility off the new Dallas North Tollway extension.
  • Strategically located within three miles of PGA Headquarters, Universal Studios, and Baylor Scott & White.
  • Pad site to a new H-E-B, adjacent to Prosper High School (3,875+ students).
  • McDonald's is the tenant.

Property Details for 2105 Frontier Pkwy

Property type
Retail properties
Square Feet
4,285 SF
Year Built
2024
Buildings
1
Lot Size (sq. ft)
63,598 SF

Location Insight

City
Prosper
County
Collin
State
Texas
Latitude
33.2620906
Longitude
-96.8300817

FAQs

What type of property is this?
Retail property - Prosper, TX McDonald's - High-Growth Area
Where is the retail property located?
The property is located at 2105 Frontier Pkwy Prosper, TX.
What is the asking price?
The asking price for this property is $4,000,000.
What are key features of this property?
This property features: 2024 Construction, 4,285 SF building on 1.46-acre site.; New 20-year Absolute NNN ground lease with 10% rent increases every 5 years.; Excellent visibility off the new Dallas North Tollway extension.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
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2105 Frontier Pkwy
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