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Lakeside Shopping Center with NNN Leases
For Sale
Contact for pricing
Pending

1406 E US Hwy 377, Granbury, TX 76048

Fully occupied center with long-term, corporately guaranteed triple-net leases.

Property SizeContact for details
Days on Market143

Property Features for 1406 E US Hwy 377

General Information

Standard status Pending
Property subtype Retail
Listing Agency: CBRE Dallas Park Lane
Listed By: Michael Austry · License #TX 609364
Source: Crexi
Added: Apr 11 Changed: Aug 30 Last Checked: Aug 30 at 3:28PM

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 CBRE Dallas Park Lane

Investment Insights

Based on property information with market context.

Lakeside Shopping Center is a fully occupied retail property at 1406 E US Hwy 377 in Granbury, Texas. The asset is leased under long-term triple-net agreements with corporate guarantees, providing a defined lease structure and limited landlord responsibilities.

The center sits along E US Hwy 377, identified as a major Granbury traffic corridor with 43,013 vehicles per day. E Pearl Street carries 8,793 vehicles per day. The property is across from Lowe’s Home Improvement, Walmart Supercenter, and The Home Depot, and is positioned near retailers including ALDI, CVS, Chick-fil-A, Starbucks, Walgreens, Chipotle, Raising Cane’s, Chase Bank, and Subway.

The surrounding area includes more than 50,277 residents within a 7-mile radius. Historic Granbury Square is located across the river, adding a nearby visitor destination to the surrounding retail environment.

Key Highlights

  • 100% occupancy with long‑term, corporately guaranteed NNN leases
  • Located at 1406 E US Hwy 377, Granbury, TX 76048
  • E US Hwy 377 traffic exceeds 43,013 vehicles per day

Property Analytics

Current Use

Spirit Halloween Party Supply Store

Suggested Use

Top Pick Building Supply HVAC Service Electrical Service Law Firm Garden Center Big Box & Wholesale Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

645
Businesses Nearby
Balanced
Demand for This Use

Demographics for 76048, TX

25,764
Population
12,737
Households
2
Avg Household Size
48
Median Age
26%
College-Educated
90%
High-School Grad
101.7 sq mi
ZIP Area
253
Density / Sq Mi
$66,856
Median Household Income
$37,190
Median Earnings
$1,288
Median Rent
$230,000
Median Home Value

Market

Vacancy Rate% for Retail in South region

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025
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Similar Off Market Nearby

  • Quick-Tag Walmart Supercenter, 735 East US Hwy 377, Granbury, TX 76048
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  • Coin Cloud Bitcoin ATM 1150 East US Hwy 377, Granbury, TX 76048

Frequently Asked Questions

What type of property is this?
Shopping center - Fully occupied center with long-term, corporately guaranteed triple-net leases.
Where is this shopping center located?
The property is located at 1406 E US Hwy 377 Granbury, TX.
What are key features of this property?
This property features: 100% occupancy with long‑term, corporately guaranteed NNN leases; Located at 1406 E US Hwy 377, Granbury, TX 76048; E US Hwy 377 traffic exceeds 43,013 vehicles per day
More about this property
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