Current Use by Public Records
- Retail properties & Spaces
Property Details for 421 Us-377
- Year built
- 2004
- Property type
- Retail properties & Spaces
- Property subtype
- Restaurants
Description
This exceptional 4,983-square-foot freestanding restaurant building, constructed in 2004, presents a unique investment opportunity in the thriving town of Argyle, Texas. Located at 421 US-377, the property enjoys approximately 115 feet of frontage on US-377, providing excellent visibility and accessibility. The single-tenant building benefits from a cross-parking agreement with an adjacent office building, ensuring ample parking for patrons. Convenient access is also available from US 377 and via a multiple-parcel cross-access agreement providing access from FM 407, near a CVS Pharmacy. Argyle's demographics are strong, with currently limited restaurant options, creating high demand for this type of establishment. The property's strategic location is further enhanced by its proximity to major residential developments such as Waterbrook and Canyon Falls, situated along US 377. Less than two miles away lies I-35W, along with the Harvest and Pecan Square developments. The upcoming Furst Ranch project, encompassing over 1,000 acres, is located less than two miles south, promising significant future growth in the area. This prime location and the limited restaurant competition make this a compelling investment opportunity for discerning buyers. The property's single-story design and ample parking contribute to its operational efficiency and appeal.
Value Estimations
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AI approach
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Argyle
- County
- Denton
- State
- Texas
- Longitude
- -97.1898
- Latitude
- 33.1031
