Greenville Retail Property For
3110 Interstate Highway 30 Greenville, TX
3110 Interstate Highway 30, Greenville, TX, 00000
Contact for pricing
For Sale
Contact for pricing
Retail property with long-term lease and zero landlord responsibility.
Property Size5,796 SF
Lot Size3.58 Acres
Price / SF$466.70
Days on Market374
Property Features for 3110 Interstate Highway 30
General Information
- Standard status
- Active
- Size
- 5,796 SF
- Lot size
- 3.58 Acres
- Property subtype
- RETAIL
Listing agency
STRIVE
(469) 844-8890
Listed by
Adam Gottschalk · License #TX 636961
(469) 844-8890
Source
Moodyscre
Added: Jul 14, 2025 Updated: Jul 6 at 9:27AM Checked: Jul 21 at 6:11AM
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 retail property, located off I-30 in Greenville, Texas, benefits from high visibility with over 40,000 vehicles per day. The property is surrounded by retailers such as Lowe’s, Hobby Lobby, Academy Sports + Outdoors, Firehouse Subs, Snuffer’s, Chipotle, Cotton Patch Cafe, Chick-fil-A, Starbucks, IHOP, and Staples. The property is subject to a long-term 15-year triple net lease at the close of escrow, offering zero landlord responsibility as the tenant self-maintains all aspects of the property. The lease includes 1.5% annual rental increases. The parent company, Local Favorite Restaurants, operates 10 different restaurant experiences across 53 locations in North Texas. The property is located within the Dallas Fort Worth Metroplex in a strong retail corridor. The property contains 5,796 square feet.
Key Highlights
- Long‑term 15‑year Triple Net Lease at Close of Escrow.
- Zero landlord responsibility; tenant self‑maintains all aspects of the property.
- Enjoy 1.5% Annual Rental Increases.
Local Financial Insights For Specialty Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $139.8k | $24.12 |
| − Vacancy | −$6.7k | −$1.16 |
| EGI | $133.1k | $22.96 |
| − OpEx | −$33.3k | −$5.74 |
| NOI | $99.8k | $17.22 |
5,796 SF · lease $24.12/SF/yr · vacancy 4.80% · expense 25.00%
Alternative Uses
Best Use
Specialty Retail
$1.43M
$1.25M – $1.66M
NOI $99,817 @ 7.0% cap · market cap 3.69%
Second Best
Retail
$1.33M
$1.17M – $1.55M
NOI $93,260 @ 7.0% cap · market cap 3.45%
Theoretical Best
Industrial
$5.76M
$5.04M – $6.72M
NOI $403,148 @ 7.0% cap · market cap 14.90%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Restaurants
Similar For Sale Nearby
Similar Off Market Nearby
- Firehouse Subs I-30 & Wesley — 3110 I-30 Frontage Rd #103, Greenville, TX 75402
FAQs
What type of property is this?
Restaurant - Retail property with long-term lease and zero landlord responsibility.
Where is this restaurant located?
The property is located at 3110 Interstate Highway 30 Greenville, TX.
What is the asking price?
The asking price for this property is $2,705,000.
What are key features of this property?
This property features: Long‑term 15‑year Triple Net Lease at Close of Escrow.; Zero landlord responsibility; tenant self‑maintains all aspects of the property.; Enjoy 1.5% Annual Rental Increases.
