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Freestanding Restaurant Near Southlake Square
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3317 E State Hwy 114, Southlake, TX 76092

5,147 SF restaurant on 1.55 AC near retail.

Property Size5,147 SF
Lot Size1.55 Acres
Days on Market830

Property Features for 3317 E State Hwy 114

General Information

Standard status Active
Size 5,147 SF
Lot size 1.55 Acres
Property subtype Retail
Listing Agency: DUWEST
Listed By: Scott Rodgers · License #TX 615590
Source: Crexi
Added: May 30, 2024 Changed: Aug 28 Last Checked: Sep 5 at 9:49PM

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 DUWEST

Investment Insights

Based on property information with market context.

This is a 5,147 square-foot freestanding second-generation restaurant situated on a 1.55-acre lot. The property is located in Southlake, near Southlake Town Square and the Grapevine border. It is positioned across from Baylor Regional Medical Center of Grapevine and approximately 4 miles from Dallas/Fort Worth International Airport. The surrounding area includes national retailers such as Walmart, Sam’s Club, Target, Kohl’s, Tom Thumb, Lowe’s, and CVS Pharmacy. A cross-parking agreement is possible.

Key Highlights

  • 5,147 SF Freestanding 2nd Gen Restaurant on a spacious 1.55 AC Lot
  • Located in desirable Southlake, near Southlake Town Square and the Grapevine border
  • Cross‑parking agreement possible

Property Analytics

Current Use

Conventional restaurants

Suggested Use

Top Pick Parking Lot & Garage Grocery & Convenience Store Storage Facility Hotel & Motel (Bike/Boat/Book/etc) Store Food Market

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

2,376
Businesses Nearby
Under-served
Demand for This Use

Demographics for 76092, TX

31,924
Population
9,886
Households
3.2
Avg Household Size
42
Median Age
75%
College-Educated
99%
High-School Grad
22.7 sq mi
ZIP Area
1,406
Density / Sq Mi
$250,001
Median Household Income
$123,882
Median Earnings
$3,501
Median Rent
$956,200
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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Frequently Asked Questions

What type of property is this?
Conventional restaurant - 5,147 SF restaurant on 1.55 AC near retail.
Where is this conventional restaurant located?
The property is located at 3317 E State Hwy 114 Southlake, TX.
What are key features of this property?
This property features: 5,147 SF Freestanding 2nd Gen Restaurant on a spacious 1.55 AC Lot; Located in desirable Southlake, near Southlake Town Square and the Grapevine border; Cross‑parking agreement possible
(214) 699-6415 Call to check price and availability
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