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902 North Mcdonald Street

Rockbrook Equity Acquires Dollar General Retail Property In McKinney For Long-Term Investment Strategy
SOLDRetail

Rockbrook Equity Acquires Dollar General Retail Property In McKinney For Long-Term Investment Strategy

902 North Mcdonald Street

Building Size

9,259 SF

Asset Type

Retail

Closing

Mar 12, 2026

AI

The property involved in the transaction is located at 902 North Mcdonald Street in McKinney, Texas. This retail asset spans 9,259 square feet and sits on a 3.94-acre lot. It is situated along the North McDonald corridor in a rapidly growing market in North Texas. The site is currently occupied by Dollar General, providing in-place tenancy with significant long-term repositioning potential. The property is zoned ML – Light Manufacturing, allowing for various industrial uses.

Summary of transaction details:

  • Property Type: Retail
  • Transaction Amount: Not disclosed
  • Buyer: Cole Horowitz & Jon Birnbrey - Rockbrook Equity
  • Seller: Dollar General
  • Buyer's Representative: Liam Wagner - Younger Partners
  • Asset Size: 9,259 SF
  • Acres: 3.94
  • Market: McKinney

The transaction involves key individuals in the real estate sector. Cole Horowitz and Jon Birnbrey represent Rockbrook Equity as the buyers. Liam Wagner represents the buying side in this deal as part of Younger Partners. The acquisition reflects Rockbrook's strategic focus on value-add opportunities and aims to enhance the property's functionality and long-term value.

Players

Liam Wagner

Younger Partners

Broker

1 deal

Broker

Cole Horowitz

Rockbrook Equity

Buyer

7 deals

Buyer
RE
Rockbrook EquityBuyer
DG
Dollar GeneralSeller

McKinney Retail Market Snapshot

Boundary boundary · Retail · Sale transactions

Loading comparables…

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

5.80%

Cash-on-Cash

-1.66%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93