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1285 S Main St
Grapevine, TX 76051
Retail Property For Sale
PROPERTY FACTS
ABOUT 1285 S MAIN ST , GRAPEVINE, TX 76051
• Absolute Net Ground Lease – Zero Landlord Responsibility • Long Term Lease with 12+ Years Remaining • Tenant Recently Extended Their Term and Plans to Remodel the Patio • Fireside Pies has a 15 Year Operating History & Has Been at this Location for 10+ Years • Solid Restauranteur with 6 Different Concepts • Located at the Intersection of Highways 114 and 121 in a Popular Suburb of Dallas – Visible to Nearly 190,000 Vehicles Per Day • Complimentary to 3 Other Restaurants in the Development - Winewood Grill, Bob’s Steak & Chop House, Mi Dia – Each of Which Have Strong Store Sales • Located Near Historic Downtown Grapevine - $105 Million Mixed-Use Development Set to be Complete in June 2019 • Less Than 5 miles from Huge Traffic Draws Such as Dallas-Fort Worth International Airport, The Gaylord Texan Resort & Convention Center, and Great Wolf Lodge • Caters to Visitors of the Nearby Hotels, Airport Travelers and Residents of the Surrounding Suburbs of Southlake, Coppell and Flower Mound • Population in a One-Mile Radius Has Grown 32.9% in the Past Few Years with Another 10% Projected by 2023 • Average Household Income in Five-Mile Radius is More Than 1.5x the National Average
PROPERTY TAXES
| Parcel Number | 41245148 | Improvements Assessment | $1,765,067 |
| Land Assessment | $543,933 | Total Assessment | $2,309,000 |
PROPERTY TAXES
