214-291-6293
617 N Mcdonald St, McKinney, TX for Sale
Freestanding - FOR SALE
1/16
null | Request Cap Rate

617 N Mcdonald St
McKinney, TX 75069
Downtown McKinney


HIGHLIGHTS

  • Prime Setting
  • High Traffic
  • Growing Market
  • Explosive Population Growth
  • High-Income Consumer Base
  • Infrastructure Investment

OVERVIEW

About 4000 Sqft is occupied by Liquor store tenant. Demise of the space need to be done. Currently it is just one big open space. 3400 Sqft if available to lease. Property is available for sale with Business of liquor store which has revenue of 1.5M /year. or just the real estate investment property. Call Agent for further details. Location Advantages Prime Setting: Located in the J C Lewis Add subdivision, this property benefits from its proximity to major retailers and the vibrant historic downtown area. High Traffic: The building's position on a major local artery ensures a steady flow of potential customers and high brand visibility. Growing Market: McKinney remains one of the fastest-growing real estate markets in the country, recently ranked as a top place to live with strong local economic fundamentals. The property at 617 N McDonald Street sits in the heart of one of the nation’s most affluent and rapidly expanding markets. Explosive Population Growth: McKinney’s population is forecasted to reach 242,534 by the end of 2026. The city is currently growing at an annual rate of 3.19%, nearly triple the national average. High-Income Consumer Base: The median household income in McKinney is approximately $124,215. Within the immediate 75069 zip code, the median income remains robust at $85,327, ensuring strong local purchasing power for retail services. Affluent "Power Users": Households led by residents aged 45–64—the peak spending years—boast a median income of $147,315. Highly Educated Workforce: Over 52.6% of residents hold a Bachelor’s degree or higher, significantly outpacing state averages and attracting high-value corporate employers to the area. Prime Spending Patterns: Dallas-McKinney area households allocate approximately 11.8% of their budget to food (with 45% of that spent on dining out) and 18.6% to transportation, signaling high demand for local retail and automotive Economic Indicators & Future Outlook Safety and Stability: McKinney is consistently rated as one of the safest places to live in America, which continues to drive high-end residential migration from across the U.S.. Infrastructure Investment: The nearby McKinney National Airport is currently undergoing a $72 million expansion to support commercial service starting in 2026, which is expected to bring an additional 200,000 annual visitors to the immediate vicinity. Real Estate Appreciation: Property values in McKinney are on a sustained increasing trend, with the average home price now exceeding $481,000, reinforcing the area's status as a premium investment destination

FOR SALE DETAILS

PRICE

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CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2003

SPRINKLERS

-

PARKING SPACES

56

LAND DETAILS

LAND ACRES

0.91 AC

LAND SF

39,640 SF

ZONING

BG

APN/PARCEL ID

R-8066-00A-001R-1

ASK ABOUT THIS PROPERTY

Dipika PatelFull Circle Real EstateMore Info
214-291-6293

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Dipika PatelFull Circle Real EstateMore Info
214-291-6293

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.