415 W STATE 114 HWY Grapevine, TX
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NNN leased restaurant property in high-traffic Grapevine location.
Type:RETAIL
Property size:
5,625 SFLot size:
1.53 AcresPrice / SF:
$566/SF- Added:
- May 2, 2025
- Days on Market:
- 359
- Last Refresh:
- Apr 5 at 10:31 pm
Property Features for 415 W STATE 114 HWY
General Information
- Standard status
- Active
- Size
- 5,625 SF
- Lot size
- 1.53 Acres
- Property subtype
- RETAIL
Listing agent Jason Vitorino (469) 844-8887
Listing office STRIVE (469) 844-8887
Listing date May 2, 2025
Source Moodyscre
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
All listing content including descriptions, pricing, images are the copyrighted material of STRIVE
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 — 112 E Texas St, Grapevine, TX 76051
- Chill Catering Grapevine — 814 S Main St, Grapevine, TX 76051
- Flying Food Group — 1257 Minters Chapel Rd, Grapevine, TX 76051
Map
- City
- Grapevine
- County
- Tarrant
- State
- Texas
- Longitude
- -97.0781
- Latitude
- 32.9343
Nearby Similar for Sale
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 $3,185,000.
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
