Class A Restaurant NNN
For Sale
Contact for pricing
1295 S Main St, Grapevine, TX 76051
Absolute NNN restaurant with a long-term tenant extension and percentage rent tied to net sales.
Property Size7,330 SF
Price / SF$702.59
Days on Market1313
Property Features for 1295 S Main St
General Information
Standard status
Active
Size
7,330 SF
Property subtype
RETAIL
Listing Agency:
STRIVE
(469) 844-8036
Listed By:
Michael Crovetti
(469) 844-8036
Source:
Moodyscre
Added: Dec 27, 2022
Changed: Jul 26
Last Checked: Aug 1 at 6:05AM
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
Investment Insights
Based on property information with market context.
This Class “A” restaurant offering is presented on an absolute NNN basis with zero landlord responsibility, supported by long-term tenant strength. The tenant recently extended early for an additional 10 years and has continued paying percentage rent even during the global pandemic period. Rent includes a 5% percentage rent component based on net sales income, with monthly based rent structure.
The restaurant is located at 1295 S Main St in Grapevine, TX. It is less than 5 miles from major traffic draws including Dallas-Fort Worth International Airport, The Gaylord Texan Resort & Convention Center, and Great Wolf Lodge, which serve visitors from nearby hotels and the airport. Within the same development, the subject is complimentary to Bob’s Steak & Chop House, Winewood Grill, and Fireside Pies, each noted as having strong store sales.
The provided demographic indicators include average household income over $140K (more than 1.5x the national average) and a 41% population boom over the past 10 years.
The restaurant is located at 1295 S Main St in Grapevine, TX. It is less than 5 miles from major traffic draws including Dallas-Fort Worth International Airport, The Gaylord Texan Resort & Convention Center, and Great Wolf Lodge, which serve visitors from nearby hotels and the airport. Within the same development, the subject is complimentary to Bob’s Steak & Chop House, Winewood Grill, and Fireside Pies, each noted as having strong store sales.
The provided demographic indicators include average household income over $140K (more than 1.5x the national average) and a 41% population boom over the past 10 years.
Key Highlights
- Absolute NNN with zero landlord responsibility
- Long‑term tenant extended early for an additional 10 years
- Rent structure includes 5% of net sales income, based on monthly rent
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
1,243
Businesses Nearby
Explore this area
Business Placement
Demographics for 76051, TX
49,969
Population
22,529
Households
2.2
Avg Household Size
39
Median Age
57%
College-Educated
95%
High-School Grad
22.3 sq mi
ZIP Area
2,241
Density / Sq Mi
$111,193
Median Household Income
$61,522
Median Earnings
$1,806
Median Rent
$467,800
Median Home Value
Market
Vacancy Rate% for Retail in South region
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Frequently Asked Questions
What type of property is this?
NNN property - Absolute NNN restaurant with a long-term tenant extension and percentage rent tied to net sales.
Where is this nnn property 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 with zero landlord responsibility; Long‑term tenant extended early for an additional 10 years; Rent structure includes 5% of net sales income, based on monthly rent
