3317 E State Highway 114, Southlake, TX 76092
- Turn key restaurants
- 5,147 SF
- 1.55 lot acres
Current Use by Public Records
- Turn key restaurants
Property Details for 3317 E State Highway 114
- Year built
- 2000
- Lot size
- 1.55 lot acres
- Property type
- Turn key restaurants
- APN
- 39608H-A-6R1
- APU
- 39608HA6R1
Sales History
| Date | Price | Buyer | Seller | Deed Type | Mortgage |
|---|---|---|---|---|---|
| Nov 20, 2018 | — | Southlake 114 LLC | Hien Qc LLC | Grant Deed | — |
| Aug 15, 2018 | — | Acg 1498 LP | — | Deed · related | $105M · Bank Of America |
| Jun 5, 2018 | — | Hien Qc LLC | Cao-do Capital INC | Grant Deed · related | — |
| Jul 21, 2014 | — | Acg 1498 LP | — | Loan Modification · related | $55M · Bank Of America |
| Apr 24, 2013 | — | Acg 1498 LP | — | Deed Of Trust · related | $45.5M · Bank Of America |
| Mar 8, 2013 | — | Cao Do Family Trust | Do,thuy-trang T | Quit Claim Deed · related | — |
| Aug 26, 2008 | — | Acg 1333 | — | Deed Of Trust · related | $14M · Bank Of America |
| Mar 11, 2005 | — | Thuy Trang T Do | Cnl Net Lease Funding 2003 LLC | Special Warranty Deed | $1.4M · Pacific Capital Bank NA |
| Aug 2, 2004 | — | Cnl Net Lease Funding 2003 LLC | Southfork Properties | Grant Deed · related | $19M · Wells Fargo Bank |
| — | — | Southfork Properties LP | — | Deed Of Trust · related | $1.5M · Wells Fargo Bank Texas NA |
| — | — | Acg 1498 LP | — | Loan Modification · related | $105M · Bank Of America |
Description
This exceptional 5,147-square-foot freestanding restaurant building is situated on a 1.55-acre lot in desirable Southlake, Texas, and is available for lease starting July 1, 2024. The property boasts 59 parking spaces, with the possibility of a cross-parking agreement. Its convenient location near Southlake Town Square and the Grapevine border offers excellent visibility and accessibility. The building benefits from its proximity to major medical facilities, including Baylor Regional Medical Center of Grapevine, and its close distance to Dallas/Fort Worth International Airport (only 4 miles away). The surrounding area is anchored by a strong concentration of national retailers, such as Walmart, Sam's Club, Target, Kohl's, Tom Thumb, Lowe's, and CVS Pharmacy, ensuring high foot traffic and a robust customer base. A significant advantage is the exceptionally low negotiated electricity rate of $0.04012 cents/kWh, which will be assigned to the tenant, representing a savings of over 50% per month compared to the current market rate of $0.084. This presents a unique opportunity for cost-effective operation. The address is 3317 E State Hwy 114, Southlake, TX 76092. Please note: Do not disturb the current tenant. Contact for pricing and further information.
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Location Insight
- Map
- Local Demand
- City
- Southlake
- County
- Tarrant
- State
- Texas
- Longitude
- -97.0998
- Latitude
- 32.9364
- CBSA code
- 19100
- CBSA name
- DALLAS-FORT WORTH-ARLINGTON, TX METROPOLITAN STATISTICAL AREA
