Walmart Neighborhood Market
$3,000,000
3400 Virginia Pkwy, McKinney, TX 75071
3.67
Cap Rate
110,000
NOI
Details:
Highlights:
- Rare Absolute Net Ground Lease | Zero Landlord Responsibilities
- Ultra-Low Rent of Only $2.68/SF – Well Below Market, Providing Exceptional Security and Long-Term Upside Potential
- Income Tax-Free State | Dallas-Fort Worth MSA | Fastest Growing Metroplex in U.S.
- #1 Retailer in the WORLD with 2.2M +/- Registered Employees
- Corporate Guarantee | Name-Brand Recognition with Walmart (S&P: AA Investment Grade Credit Rating)
- Hard Corner Main on Main Intersection | Traffic Counts: 45,656+ VPD
- Upper-Income Suburban Demographics | $160,000 Average Household Income in 1-Mile
- Rapidly Growing Collin County Suburb | 5-Mile Population Exceeds 219,109 and Quickly Growing
- 2-Miles to RTX's (Raytheon) Space and Airborne Systems Headquarters
- 35-Miles to Dallas, TX | 58-Miles to Fort Worth, TX
Description:
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Dallas is the third-largest city in Texas and the ninth-largest in the United States. It is considered a global city and is home to many corporate headquarters and cultural attractions. It is home to a thriving arts and culture scene, world-class shopping, and outstanding restaurants. Dallas is also home to professional sports teams in all four major American sports leagues.
Dallas, Texas is a vibrant city with a multitude of attractions to explore. Dallas is home to the third-largest concentration of Fortune 500 companies in the nation. The city is home to the Dallas–Fort Worth metroplex, which is the fourth-largest metropolitan area in the U.S. Dallas is a major center for telecommunications, banking, commerce, energy, healthcare, medical research, transportation, and
logistics. Dallas has a diversified economy with major sectors including finance, information technology, life sciences, and logistics. The city is home to many major corporations, including American Airlines, AT&T, Bank of America, ExxonMobil, J.P. Morgan Chase, Southwest Airlines, and Texas Instruments. The city has a strong presence in the defense and aerospace industries, with the headquarters of Lockheed Martin and Raytheon located in the Dallas–Fort Worth metroplex. In the past decade, Dallas has become a major hub for technology and start-ups, with the city experiencing an influx of venture capital investors and entrepreneurs. Dallas is
also home to several major universities, such as the University of Texas at Dallas, Southern Methodist University, and Texas Christian University, which provide a highly educated workforce for the city.

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