SWQ US-380 & Hardin Blvd

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SWQ US-380 & Hardin Blvd

McKinney, TX 75071
Asking Price
Contact for price
Asset Type
Commercial Land
Class
Class B

What's Special

Land | 2.83 acres <ul><li>​±2.83 Total Acres Available for Sale or Ground Lease (Lot 2: .98 AC, Lot 3: .86 AC, Lot 4: .98 AC)</li><li>​Frontage on US-380 with exposure to approximately 65k vehicles per day</li><li>​Access to JPI’s future 37-acre multifamily development with 700+ units runs through site</li><li>​Rapidly growing area with 14.07% annual growth projected over the next 5 years within one mile of the site</li><li>​Surrounded by affluent neighborhoods and national retailers</li><li>​Call for Info & Pric

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NOI
$80,000
Cap Rate
8.00%
DSCR
1.35
Strong
Cash-on-Cash
6.88%
Monthly Payment
$4,947.454
Annual Cash Flow
$20,630.547

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