1226-1230 S Highway 377 | Pilot Point, TX 76258
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1226-1230 S Highway 377
Pilot Point, TX 76258
McDonald's Drive-Thru +2 Bonus Tenants · Retail Property For Sale
Investment Highlights
- McDonald’s recently completed an extensive interior renovation at their own cost, further displaying their commitment to the site
- Rapidly expanding North Dallas MSA location
- Highly desired location within the income tax-free state of Texas
- CAM and Property Tax contributed monthly by tenants to annual budget with end of year reconciliation
- McDonald’s represents ±66% of the rental income, while the two ancillary units are leading support tenancies on soft rents
- McDonald’s end cap has a drive-thru component which was operating during the recent renovation
Property Facts
Property Type
Retail
Property Subtype
Storefront Retail/Office
Building Size
5,756 SF
Building Class
B
Year Built
2012
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.14
Lot Size
0.92 AC
Zoning
C-2
Parking
52 Spaces (9.03 Spaces per 1,000 SF Leased)
Frontage
Property Taxes
| Parcel Number | R471211 | Improvements Assessment | $1,813,731 |
| Land Assessment | $236,269 | Total Assessment | $2,050,000 |
Property Taxes
Parcel Number
R471211
Land Assessment
$236,269
Improvements Assessment
$1,813,731
Total Assessment
$2,050,000
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