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    415 W State 114 Hwy Grapevine, TX

    For Sale
    $3,295,000

    NNN leased restaurant property in high-traffic Grapevine location.

    Property size:
    5,625 SF
    Lot size:
    1.53 Acres

    Property Features for 415 W State 114 Hwy

    General Information

    Size
    5,625 SF
    Lot size
    1.53 Acres

    Source: STRIVE Agent Jason Vitorino

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

    Overview

    Grapevine Restaurant Investment Opportunity

    This property features a new 15-year absolute net lease with zero landlord responsibility. The lease includes a 10% rental increase every 5 years. The property is operated by seasoned operators with multiple concepts in the Dallas-Fort Worth area. Situated at the intersection of Highways 114 and 121, the location offers visibility to approximately 190,000 vehicles per day. The property is less than 5 miles from Dallas-Fort Worth International Airport, The Gaylord Texan Resort & Convention Center, and Great Wolf Lodge. The surrounding area caters to visitors of nearby hotels and the airport. The average household income in the area is $140,000, exceeding the national average by more than 1.5 times. The area has experienced a 41% population increase in the last 10 years. The location is frequented by travelers and residents of the surrounding suburbs of Southlake, Coppell, and Flower Mound. It is part of a development of 4 restaurants and is located near historic downtown Grapevine, close to a $105 million mixed-use development. The property size is 5,625 square feet.
    Location Intelligence

    Current Use by Public Records

    Restaurants

    Similar Places Nearby

    Yayayum Boards, Chill Catering Grapevine, Flying Food Group

    Map

    City
    Grapevine
    County
    Tarrant
    State
    Texas
    Longitude
    -97.0780654
    Latitude
    32.9342919

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    FAQs

    What type of property is this?
    Restaurant - NNN leased restaurant property in high-traffic Grapevine location.
    Where is this restaurant located?
    The property is located at 415 W State 114 Hwy Grapevine, TX.
    What is the asking price?
    The asking price for this property is $3,295,000.
    What are key features of this property?
    This property features: - New 15 year absolute net lease - zero landlord responsibility; - Located at the intersection of Highways 114 & 121 in a popular suburb of Dallas - visible to nearly 190,000 vehicles per day; - 10% rental increase every 5 years
    (469) 844-8887
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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.

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    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
    415 W State 114 Hwy Grapevine, TX
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