Marcus & Millichap is pleased to present the opportunity to acquire the property located at 707 North Chestnut Street in McKinney, Texas. The subject property consists of approximately 5,040 square feet of shallow-bay industrial space and is situated on 0.34 acres of land. The multi-tenant asset features six individual suites with one grade-level door each, metal construction, a clear height of 10’, and 16 parking spaces. Located just off North McDonald Street, the property has proximity to U.S. Route 75 via East University Drive (U.S. Route 380). Fully occupied at an average of $16.80 per square foot on double-net leases, this sale offers investors an opportunity to acquire a cash-flow asset with minimum landlord responsibilities. The subject property is located within the midsized Allen/McKinney submarket, containing 22.5 million square feet of industrial space. In 2024, industrial demand remained strong with 1.8 million square feet absorbed on net. However, new supply exceeded demand with 2.1 million square feet of net deliveries. As a result, the vacancy rate increased 110 basis points to 6.8 percent. Among comparable properties under 10,000 square feet, vacancies remained low at 4.1 percent. The increase in availability across Allen/McKinney contributed to rent growth decelerating by 240 basis points but at 5.8 percent, rents continued to outpace the Consumer Price Index. The average market rent per square foot stood at $14.00, up about 83 percent over the last decade (CoStar). The Dallas-Fort Worth metroplex is the fourth-most populous metro in the nation, with a total of 8.1 million residents. It is composed of 13 counties stretching nearly 10,000 square miles. The city of Dallas houses 1.3 million people, followed by Fort Worth with nearly 980,000 residents. Strong job growth continually draws new residents to the region. To accommodate the additional traffic, the region’s transportation network is evolving. Traffic flow is improved as freeways are expanded and miles are being added to tollways and turnpikes. The growth of the transportation network is vital to supporting commuters to the metro’s numerous corporations and growing industries. Dallas/Fort Worth’s population growth in recent years ranks among the highest in the U.S. for a major metro. The Metroplex is home to 24 Fortune 500 companies and many regional headquarters, drawing workers and residents. The area’s extensive network of rail and highways, along with the International Inland Port of Dallas, ensure its status as a distribution hub (Marcus & Millichap).