NNN Ground-Leased Entertainment
For Sale
Contact for pricing
407 W State Hwy 114, Grapevine, TX 76051
NNN ground lease with zero landlord responsibilities and 1.5% annual rent bumps in Grapevine, Texas.
Property SizeContact for details
Days on Market124
Property Features for 407 W State Hwy 114
General Information
Standard status
Active
Property subtype
Retail
Additional Details
Business Included
Yes
Listing Agency:
Brisky Net Lease
(612) 413-4200
Listed By:
Brian Brisky · License #MN 40546562
Source:
Crexi
Added: Apr 11
Changed: Aug 8
Last Checked: Jul 20 at 4:40PM
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 Brisky Net Lease
Investment Insights
Based on property information with market context.
Brisky Net Lease is pleased to offer a Main Event NNN ground lease opportunity in Grapevine, Texas. The lease is presented as having zero landlord responsibilities for passive ownership, along with 1.5% rent bumps every year. The Main Event brand is described as a family entertainment concept, and the property is part of that chain.
The offering is positioned off a major highway with visibility, and it is described as being in close proximity to other retailers and restaurants. The remarks also note the site is less than 4 miles from two of the biggest hotels in Grapevine.
The property is marketed within the Dallas/Fort Worth market context, including an average household income of $137K within a 5-mile radius as provided in the remarks. The seller notes that Main Event Entertainment Inc. was founded in 1998 and that, in June 2022, Main Event was purchased by Dave & Buster’s, which combined Main Event’s 50 centers in 17 states with Dave & Buster’s 148 North American locations.
The offering is positioned off a major highway with visibility, and it is described as being in close proximity to other retailers and restaurants. The remarks also note the site is less than 4 miles from two of the biggest hotels in Grapevine.
The property is marketed within the Dallas/Fort Worth market context, including an average household income of $137K within a 5-mile radius as provided in the remarks. The seller notes that Main Event Entertainment Inc. was founded in 1998 and that, in June 2022, Main Event was purchased by Dave & Buster’s, which combined Main Event’s 50 centers in 17 states with Dave & Buster’s 148 North American locations.
Key Highlights
- NNN ground lease in Grapevine, TX with zero landlord responsibilities
- 1.5% annual rent bumps built into the net lease structure
- Main Event Entertainment Inc. founded in 1998; operated as family entertainment centers
Property Analytics
Property Profile
Current Use
Lease Details
Turnkey business
Opportunity
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
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
NNN property - NNN ground lease with zero landlord responsibilities and 1.5% annual rent bumps in Grapevine, Texas.
Where is this nnn property located?
The property is located at 407 W State Hwy 114 Grapevine, TX.
What are key features of this property?
This property features: NNN ground lease in Grapevine, TX with zero landlord responsibilities; 1.5% annual rent bumps built into the net lease structure; Main Event Entertainment Inc. founded in 1998; operated as family entertainment centers
