Your email has been sent.
HG Sply Co. - Trophy Club, TX 2980 SH TX-114 Frontage Rd 25,680 SF 87% Leased Retail Building Trophy Club, TX 76262 $11,439,000 ($445.44/SF) 7% Cap Rate
INVESTMENT HIGHLIGHTS
- Offered at $11,439,000 with a 7.00% CAP Rate, providing stable long-term cash flow in a low-risk net lease structure.
- Average household income exceeds $240,000 within 3 miles, placing the property in one of DFW’s most affluent submarkets.
- Operated by HG Sply Co. / UNCO Concepts, a toptier DFW hospitality group, invested over $500K in self-funded improvements in 2021.
- 10% rent increases every 5 years drive meaningful NOI growth, providing a strong hedge against inflation.
- Priced well below the estimated $15M replacement cost, with an irrevocable, city-maintained parking agreement providing over 230 additional spaces.
- Direct frontage on TX-114 with exposure to more than 100,000 vehicles per day, offering unmatched visibility.
EXECUTIVE SUMMARY
In Cooperation With Sands Investment Group Austin, LLC - Lic. #9004706 BoR: Max Freedman - Lic. TX #644481
PROPERTY FACTS
MAJOR TENANTS
- TENANT
- INDUSTRY
- SF OCCUPIED
- RENT/SF
- LEASE TYPE
- LEASE END
- HG Sply Trophy Club, LLC
- Retailer
- 25,680 SF
- $31.18
- Double Net
- Jul 2034
| TENANT | INDUSTRY | SF OCCUPIED | RENT/SF | LEASE TYPE | LEASE END | |
| HG Sply Trophy Club, LLC | Retailer | 25,680 SF | $31.18 | Double Net | Jul 2034 |
SPACE AVAILABILITY
- SPACE
- SIZE
- SPACE USE
- POSITION
- AVAILABLE
An exciting opportunity awaits in Trophy Club, Texas! A prime restaurant space is now available for lease at SH 2980 & TX-114 Frontage Rd, offering ±3,406 SF of interior space plus an additional 1,450 SF patio. This operating private bar and dining venue is situated next to renowned establishments like HG SPLY Co and Leela’s Wine Bar, ensuring a vibrant and high-traffic location. The property boasts excellent accessibility, ample parking, and proximity to a range of hotels including Hampton Inn & Suites, Holiday Inn, Homewood Suites, and WoodSpring Suites. With TX-114 seeing an impressive 104,555 vehicles per day and Davis Blvd handling 24,329 VPD, this space benefits from exceptional exposure. Surrounded by a strong customer base, the area features a 2024 population of 5,170 within a 1-mile radius, 33,475 within 3 miles, and 96,772 within 5 miles. The daytime population expands further, reaching 112,818 within 5 miles. Additionally, the average household income in the area is exceptionally high, averaging around $237,146 to $244,817. This prime location is perfect for restaurateurs looking to establish or expand their presence in a thriving community.
| Space | Size | Space Use | Position | Available |
| 1st Floor | 3,406 SF | Restaurant | - | Now |
1st Floor
| Size |
| 3,406 SF |
| Space Use |
| Restaurant |
| Position |
| - |
| Available |
| Now |
1st Floor
| Size | 3,406 SF |
| Space Use | Restaurant |
| Position | - |
| Available | Now |
An exciting opportunity awaits in Trophy Club, Texas! A prime restaurant space is now available for lease at SH 2980 & TX-114 Frontage Rd, offering ±3,406 SF of interior space plus an additional 1,450 SF patio. This operating private bar and dining venue is situated next to renowned establishments like HG SPLY Co and Leela’s Wine Bar, ensuring a vibrant and high-traffic location. The property boasts excellent accessibility, ample parking, and proximity to a range of hotels including Hampton Inn & Suites, Holiday Inn, Homewood Suites, and WoodSpring Suites. With TX-114 seeing an impressive 104,555 vehicles per day and Davis Blvd handling 24,329 VPD, this space benefits from exceptional exposure. Surrounded by a strong customer base, the area features a 2024 population of 5,170 within a 1-mile radius, 33,475 within 3 miles, and 96,772 within 5 miles. The daytime population expands further, reaching 112,818 within 5 miles. Additionally, the average household income in the area is exceptionally high, averaging around $237,146 to $244,817. This prime location is perfect for restaurateurs looking to establish or expand their presence in a thriving community.
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $4,390,627 | |
| Land Assessment | $623,590 | Total Assessment | $5,014,217 |
PROPERTY TAXES
CONTACTS
-
Ethan Offenbecher -
Baker Baine -
Zuhare Rizvon -
Sands Investment Group Austin, LLC
Presented by
HG Sply Co. - Trophy Club, TX | 2980 SH TX-114 Frontage Rd
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.