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Drive Thru Value Add Opportunity 460 Grapevine Hwy 2,964 SF Retail Building Hurst, TX 76054 For Sale



INVESTMENT HIGHLIGHTS
- Freestanding 2,964 SF Value Add Retail Asset with an Existing Drive-Thru in Affluent Pocket of Hurst, TX (DFW)
- Regional Trade Area with Over 2,700,000 SF of Retail GLA in a 1.5 Mile Radius (CoStar)
- Average Household Income Exceeds $150,100, $139,100 & $142,400 in a 1, 3 & 5 Mile Radii, Respectively
- Minutes from Highway 183, a Major East West Thoroughfare Allowing Convenient Connectivity to the Dallas Fort Worth Metroplex
EXECUTIVE SUMMARY
Drive Thru Value Add Opportunity is a freestanding, 2,964 SF retail asset with an existing drive-thru located along the primary retail corridor of Grapevine Highway in Hurst, Texas. The Property is just 15 minutes west of DFW International Airport, 15 minutes east of Downtown Fort Worth and 30 minutes west of Downtown Dallas. Situated on +/- 0.74 acres, Drive Thru Value Add Opportunity benefits from excellent visibility with 2 two-sided pylon signs fronting two roadways, an existing drive-thru, partial masonry construction and a large outdoor patio. The Property is situated in a uniquely relevant location sandwiched between two primary Tarrant County thoroughfares, Grapevine Highway and Mid Cities Boulevard, which experience combined traffic counts of 56,000 VPD. Drive Thru Value Add Opportunity benefits from exceptional demographics with the average household income exceeding $150,100, $139,100 and $142,400 in a one-, three- and five-mile radius, respectively. Notable national retailers in the area include Walmart Supercenter, Tom Thumb, Sprouts, Lowes, The Home Depot, Kroger, Walmart Supercenter, Natural Grocers, Chick Fil A, McDonalds and Planet Fitness, amongst numerous others.
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Property Subtype
Building Size
2,964 SF
Building Class
B
Year Built/Renovated
1995/2024
Tenancy
Single
Building Height
1 Story
Building FAR
0.09
Lot Size
0.74 AC
Zoning
Commercial
Walk Score®
Very Walkable (75)
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 41503856 | Improvements Assessment | $613,793 |
| Land Assessment | $387,384 | Total Assessment | $1,001,177 |
PROPERTY TAXES
Parcel Number
41503856
Land Assessment
$387,384
Improvements Assessment
$613,793
Total Assessment
$1,001,177
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Drive Thru Value Add Opportunity | 460 Grapevine Hwy
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