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1404 N State Highway 161
Grand Prairie, TX 75050
Whataburger · Retail Property For Sale

Property Facts

Property Type
Retail
Property Subtype
Fast Food
Building Size
2,546 SF
Building Class
C
Year Built
1979
Tenancy
Single
Building Height
1 Story
Building FAR
0.08
Lot Size
0.73 AC
Zoning
Z97
Parking
52 Spaces
Frontage
149’ on Hwy 161

Amenities

  • Drive Thru

About 1404 N STATE HIGHWAY 161 , GRAND PRAIRIE, TX 75050

Offered for sale is the opportunity to acquire an absolute triple-net leased Whataburger in Grand Prairie, Texas. The property consists of a 2,546-square foot, freestanding building that sits on approximately 0.73 acres of land. There are approximately three years remaining on the current lease term, with 4 percent rental escalations in each option period. The property is located on State Highway 161, with proximity to President George Bush Turnpike and Interstate 30, a major interchange in the Dallas/Fort Worth metroplex; combined traffic counts exceed 218,494 vehicles per day. The tenant has operated at this location since 1982. The area is extremely dense with more than 253,556 residents within a five-mile radius. Surrounding retailers in the immediate area include Family Dollar, Subway, Little Caesars, Church' s Chicken, and many more. The Dallas/Fort Worth metroplex is the largest metro area in Texas and the fourth largest in the United States. The Metroplex is home to more than 6.3 million residents and has one of the nation' s strongest job markets. The Metroplex led the nation in population growth over the last decade, adding approximately 1.3 million residents. The Dallas/Fort Worth metroplex added approximately 126,037 residents from July 2010 to July 2011 and continues to be one of the fastest-growing metropolitan locations in the United States.

Property Taxes

Property Taxes

Parcel Number
65011178610400000
Land Assessment
$158,630
Improvements Assessment
$242,620
Total Assessment
$401,250
  • Listing ID: 7301622

  • Date on Market: 5/19/2017

  • Last Updated:

  • Address: 1404 N State Highway 161, Grand Prairie, TX 75050

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