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1503 S McDonald St 912 SF Retail Building McKinney, TX 75069 $1,652,390 CAD ($1,811.83 CAD/SF) 6.50% Cap Rate



Executive Summary
Excellent opportunity to own a turnkey operating business including the property and business, located on one of the busiest roads in McKinney. This investment is ideal for both investors and owner-operators seeking a high-visibility location with strong traffic exposure.
The property is situated in a prime location and features a fully operational business with the owner willing to provide training to ensure a smooth transition for the new buyer. Opportunities like this are rare, especially since the business holds two Certificates of Occupancy (COs), and obtaining new car sales COs from the city of McKinney has become increasingly difficult.
Adding even more value, this rare opportunity is located within a Historically Underutilized Business Zone (HUBZone), making it especially attractive to government contractors, federal agencies, and major tech and finance companies seeking certified HUBZone partners and suppliers.
The property includes office space, a bathroom, storage area, and utility room. The entire site is professionally fenced and fully concrete throughout, offering functionality, durability, and ease of operation for a variety of automotive or commercial uses.
The property is situated in a prime location and features a fully operational business with the owner willing to provide training to ensure a smooth transition for the new buyer. Opportunities like this are rare, especially since the business holds two Certificates of Occupancy (COs), and obtaining new car sales COs from the city of McKinney has become increasingly difficult.
Adding even more value, this rare opportunity is located within a Historically Underutilized Business Zone (HUBZone), making it especially attractive to government contractors, federal agencies, and major tech and finance companies seeking certified HUBZone partners and suppliers.
The property includes office space, a bathroom, storage area, and utility room. The entire site is professionally fenced and fully concrete throughout, offering functionality, durability, and ease of operation for a variety of automotive or commercial uses.
Property Facts
Sale Type
Investment or Owner User
Sale Condition
REO Sale
Property Type
Retail
Property Subtype
Convenience Store
Building Size
912 SF
Building Class
C
Year Built/Renovated
1932/2022
Price
$1,652,390 CAD
Price Per SF
$1,811.83 CAD
Cap Rate
6.50%
NOI
$107,405 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.06
Lot Size
0.35 AC
Zoning
BG - Commercial, Retail. Car dealership
Parking
90 Spaces (98.68 Spaces per 1,000 SF Leased)
Major Tenants
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease End
- N N S Market
- Retailer
- -
- -
- -
| Tenant | Industry | SF Occupied | Rent/SF | Lease End | ||
| N N S Market | Retailer | - | - | - |
Fairly walkable
40/100
Exceptionally drivable
100/100
Fairly bikeable
40/100
Nearby Major Retailers
Property Taxes
| Parcel Number | R-10918-00A-0010-1 | Improvements Assessment | $78,568 CAD |
| Land Assessment | $241,827 CAD | Total Assessment | $320,395 CAD |
Property Taxes
Parcel Number
R-10918-00A-0010-1
Land Assessment
$241,827 CAD
Improvements Assessment
$78,568 CAD
Total Assessment
$320,395 CAD
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1503 S McDonald St
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