4689 Shiloh rd | Garland, TX 75044
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- LoopNet Team
4689 Shiloh rd
Garland, TX 75044
McDonald's Ground Lease · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- New 20-year absolute NNN ground lease with scheduled rental increases every five years in initial term and option periods
- New high-quality 2024 construction in a tax-free state, built to McDonalds’ latest prototype and featuring a dedicated drive-thru
- Absolute NNN lease requires no landlord management, ideal for a passive investor
- McDonald’s is an investment grade tenant, with a “BBB+” credit rating from Standard & Poor’s and a “Baa1” credit rating from Moody’s
- 10% Rental Increases every 5-years
- Strategically positioned just off the signalized intersection of Arapaho Road & North Shiloh Road, with access to a combined 41,000 vehicles per day
PROPERTY FACTS
Property Type
Retail
Property Subtype
Building Size
4,073 SF
Building Class
A
LoopNet Rating
4 Star
Year Built
2024
Tenancy
Single
Building Height
1 Story
Building FAR
0.03
Lot Size
3.37 AC
Zoning
Z239
Frontage
337’ on North Shiloh Road
AMENITIES
- Air Conditioning
PROPERTY TAXES
| Parcel Number | 26211570010020000 | Improvements Assessment | $0 |
| Land Assessment | $681,460 | Total Assessment | $681,460 |
PROPERTY TAXES
Parcel Number
26211570010020000
Land Assessment
$681,460
Improvements Assessment
$0
Total Assessment
$681,460
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