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12575 Southwest Fwy
Stafford, TX 77477
Whiskey Cake · Retail Property For Sale

Property Facts
About 12575 SOUTHWEST FWY , STAFFORD, TX 77477
The Property is guaranteed by Whiskey Cake Holdings, LLC, the corporate entity. Whiskey Cake Kitchen & Bar has 8 locations across Texas, Oklahoma and Florida. The restaurant concept is part of the Front Burner Group Dining family with a total of 102 restaurants, food halls and bar locations including: Twin Peaks, Sixty Vines, The Ranch, Haywire, Mexican Sugar, Ida Claire, Legacy Hall, Unlawful Assembly and The Keeper. The base term of the ground lease is 15 years and includes 5% rent increases every 3 years during in the initial 15 year base lease term and the 3, 5-year option periods. 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. Whiskey Cake Kitchen & 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.
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Property Taxes
| Parcel Number | 8072-92-004-0170-910 | Improvements Assessment | $2,794,862 |
| Land Assessment | $1,290,138 | Total Assessment | $4,085,000 |
Property Taxes
Listing ID: 16326465
Date on Market: 6/12/2019
Last Updated:
Address: 12575 Southwest Fwy, Stafford, TX 77477
The Kirkwood Retail Property at 12575 Southwest Fwy, Stafford, TX 77477 is no longer being advertised on LoopNet.com. Contact the broker for information on availability.
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