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    1295 S Main St Grapevine, TX 76092

    For Sale
    $5,150,000

    NNN leased restaurant with percentage rent and strong sales.

    Property size:
    7,330 SF
    Lot size:
    0.24 Acres

    Property Features for 1295 S Main St

    General Information

    Size
    7,330 SF
    Lot size
    0.24 Acres

    Source: STRIVE Agent Michael Crovetti

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Grapevine Restaurant Investment Opportunity

    This property features a restaurant with a long-term tenant who recently extended their lease early for an additional 10 years. The tenant pays percentage rent at 5% of net sales income with monthly based rent. The restaurant is a Class A establishment with substantial capital invested by a seasoned restaurant entrepreneur. It is located less than 5 miles from Dallas-Fort Worth International Airport, The Gaylord Texan Resort & Convention Center, and Great Wolf Lodge. The surrounding area has an average household income exceeding $140,000, which is more than 1.5 times the national average, and has experienced a 41% population increase in the last 10 years. The property is located at 1295 S Main St, Grapevine, TX and has a property size of 7,330 square feet. The restaurant is complimentary to three other restaurants in the development: Bob’s Steak & Chop House, Winewood Grill, and Fireside Pies.
    Insight Report Location Intelligence

    Current Use by Public Records

    Mi Dia From ... Mexican Restaurant

    Suggested Use

    Restaurant Realty agency Law Firm Dental Office Building Supply Spa & Massage Wholesale Shop Hair Salon Auto Repair Shop Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    Chill Catering Grapevine, Flying Food Group

    Location Insight

    • Map
    • Local Demand
    City
    Grapevine
    County
    Tarrant
    State
    Texas
    Longitude
    -97.0776646
    Latitude
    32.9255366

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    FAQs

    What type of property is this?
    Restaurant - NNN leased restaurant with percentage rent and strong sales.
    Where is this restaurant located?
    The property is located at 1295 S Main St Grapevine, TX.
    What is the asking price?
    The asking price for this property is $5,150,000.
    What are key features of this property?
    This property features: - Absolute NNN Lease: Enjoy zero landlord responsibility.; - Long-Term Tenant: Tenant recently extended early for an additional 10 years, showcasing commitment.; - Percentage Rent: Benefit from 5% of net sales income, offering stability and upside potential.
    (469) 844-8036
    Request Owner's contact information
    1295 S Main St Grapevine, TX 76092
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1295 S Main St Grapevine, TX 76092
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