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5225 W University Dr 634 SF Retail Building McKinney, TX 75071 $1,300,000 ($2,050.47/SF) 5% Cap Rate
Investment Highlights
- $145K Avg. HH Income
- Excellent Retail Location
- Corporate Lease - No Landlord Responsibilities
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Property Facts
Sale Type
Investment NNN
Sale Condition
Ground Lease (Leased Fee)
Property Type
Retail
Property Subtype
Fast Food
Building Size
634 SF
Building Class
B
Year Built
2022
Price
$1,300,000
Price Per SF
$2,050.47
Cap Rate
5%
NOI
$65,000
Tenancy
Single
Building Height
1 Story
Building FAR
0.03
Lot Size
0.51 AC
Zoning
Commercial
Parking
25 Spaces
Frontage
150’ on West University Drive
Fairly walkable
50/100
Exceptionally drivable
100/100
Somewhat bikeable
30/100
Nearby Major Retailers
Property Taxes
| Parcel Number | R-10253-00B-019R-1 | Improvements Assessment | $453,705 |
| Land Assessment | $435,667 | Total Assessment | $889,372 |
Property Taxes
Parcel Number
R-10253-00B-019R-1
Land Assessment
$435,667
Improvements Assessment
$453,705
Total Assessment
$889,372
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5225 W University Dr
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