Property summary
This exceptional investment opportunity presents a brand-new, single-tenant Portillo's (NASDAQ: PTLO) restaurant in Grapevine, Texas. Boasting a 10.5-year absolute NNN ground lease with zero landlord responsibilities, this property offers a management-free investment in a state with no state income tax. The 6,250 square foot building, constructed in 2024, sits on a 1.8-acre lot and is one of Portillo's innovative "Restaurant of the Future" designs. Portillo's, renowned for its Chicago-style… menu, achieved a remarkable $9.1 million AUV in 2023, ranking highest among quick-service and fast-casual chains. The property enjoys a prime location on Hwy 114, a major thoroughfare with over 205,000 vehicles daily, benefiting from strong tenant synergy with nearby national retailers like Target, Walmart, and Sam's Club. Its proximity to DFW Airport, Gaylord Texan, and numerous hotels ensures high traffic and visibility. The affluent demographic within a 5-mile radius, boasting over 125,744 residents with average household incomes exceeding $162,000, further enhances the investment's potential. The lease includes four 5-year options with 10% rent bumps every five years, starting January 6th, 2025, and expiring July 31st, 2035. The current NOI is $325,000, representing a 4.80% cap rate on the $6,770,000 asking price. This is a truly exceptional opportunity to acquire a high-performing asset in a thriving market.
Ownership intelligence
Resolved identity, portfolio, hold profile and investor signals. Included in the full report.
Owner contacts
Skip-traced phones and e-mails of the owner. Included with the full report.
Mortgages
Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.
Property tax
No data for this sectionNo tax or assessment record is on file for this parcel in the county feed.
Value estimate
· Sep 2026No data for this sectionNo value estimate could be modeled: the record carries too little market input for this parcel.
Recently sold
No data for this sectionNo cleaned sale $/SF benchmark exists for this use type in this ZIP, submarket or county yet.
Cap rate analysis
No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.
Zoning insight
No data for this sectionNo zoning code is on file for this parcel. Coverage grows with every catalog release.
Location intelligence
Demand index: how under-served this business type is around this point — modeled from the LocInt grid (area demand vs. what already operates, adjusted by real visit traffic). Higher means stronger unmet demand.
Location
Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
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The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
Phones and e-mails of the people behind this property's owner, traced from licensed contact data.
Owner phones and e-mails come with the full report for this property - traced from licensed contact data, with verification and Do-Not-Call flags on every number.
Unlock the evidence behind ownership: portfolio, transactions, debt and signals that help you decide who to contact next.
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The mortgage data is behind the paid report: recorded loans of the owner - lender, amount, rate and the estimated maturity - as part of the Ownership Intelligence workspace.
Registration is required before any owner information is shown.
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