1501 William D Tate Ave
Grapevine, TX 76051
Freebirds World Burrito | 11 Yrs Corp NNN · Retail Property For Sale

Freebirds World Burrito is strategically positioned along William D Tate avenue (28,400 VPD) at a heavily-trafficked crossroads of major thoroughfares traveling throughout the Dallas-Fort Worth MSA: State Highway 114 (100,200 VPD) and State Highway 121 (111,000 VPD). The junction serves as an extremely dense retail corridor with numerous national/credit tenants surrounding the subject property including Target, Ross Dress for Less, In-N-Out Burger, Chase Bank, and more, promoting crossover store exposure. Other nearby national/credit tenants include Walmart Supercenter, Sam’s Club, Costco, Lowe’s, and more, further increasing consumer draw. Moreover, the asset is located under 3.5 miles from the Dallas/Fort Worth International Airport, one of the busiest airports in the country with more than 69 million passengers reported in 2018, providing a steady, direct consumer base to draw from. The city of Grapevine is known as one of the more affluent suburbs within the Dallas-Fort Worth MSA, and has recently experienced rapid growth due to it’s centralized location between Dallas and Fort Worth. Specifically, the subject 5-mile trade area has seen more than 16% growth in population since 2010. Today, the 5-mile trade area is supported by a dense population of nearly 132,000 residents and 105,000 employees with an extremely affluent average household income of $142,000.