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2980 SH TX-114 Frontage Rd
Trophy Club, TX 76262
HG Sply Co. - Trophy Club, TX · Retail Property For Sale
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.
Property Facts
Property Type
Retail
Property Subtype
Building Size
25,680 SF
Building Class
B
Year Built
2019
Percent Leased
87%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.32
Lot Size
1.83 AC
Zoning
PD-25
Frontage
289’ on Trophy Wood Drive
Property Taxes
| Parcel Numbers | Improvements Assessment | $4,390,627 | |
| Land Assessment | $623,590 | Total Assessment | $4,371,860 |
Property Taxes
Parcel Numbers
Land Assessment
$623,590
Improvements Assessment
$4,390,627
Total Assessment
$4,371,860
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