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

Property Facts
Amenities
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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.
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Property Taxes
| Parcel Number | 65011178610400000 | Improvements Assessment | $242,620 |
| Land Assessment | $158,630 | Total Assessment | $401,250 |
Property Taxes
Listing ID: 7301622
Date on Market: 5/19/2017
Last Updated:
Address: 1404 N State Highway 161, Grand Prairie, TX 75050
The Grand Prairie Retail Property at 1404 N State Highway 161, Grand Prairie, TX 75050 is no longer being advertised on LoopNet.com. Contact the broker for information on availability.
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