12469 Southwest Fwy
Stafford, TX 77477
Retail Property For Sale

The Property is guaranteed by MDS Wings, LP, a Texas Limited Partnership, the corporate entity. Pluckers has 24 locations across the Texas and Louisiana. Pluckers was named one of the “Top 5 Sports Bars in North America” by ESPN and one of the “Top 10 Wing Restaurants in America” by USA Today. The base term of the ground lease is 15 years and includes 10% rent increases every 5 years during in the initial 15 year base lease term and the 3, 5-year option periods. Pluckers Wing Bar is located along I-69/US-59 between South Kirkwood Road and West Airport Boulevard and enjoys excellent visibility. The Property is surrounded by several major retailers including Walmart Supercenter, Sam’s Club, Bed Bath and Beyond, Ross Dress for Less, Stein Mart, and Old Navy, providing ample cross traffic. Additionally, the Property is adjacent to a Class-A multi-family complex that is currently in the process of leasing the first phase which includes 380 units and will ultimately feature ±2,500 units upon completion. Pluckers Wing Bar is included in Phase II of The Grid’s 192-acre mixed-use development plan that includes more than 350,000 square feet of retail, restaurants and entertainment; 500,000+ square feet of creative-focused office space; multiple hotels; pop-up shops; food hall; rooftop dining and 2,400+ urban residences.