520 Grapevine Hwy
Hurst, TX 76054
Grapevine Highway Retail Center · Retail Property For Sale

Grapevine Highway Retail Center is a four-tenant, 9,097 square foot retail center situated on 43,691 square feet of land. This high-design building was constructed in 2018 using upgraded building materials and sophisticated architectural elements. The site is located on the NEC of Grapevine Highway and Hurstview/Norwood Drive in Hurst, Texas. Strategically situated along the dominant Grapevine Highway retail corridor, the center serves the well-established suburban communities of Hurst, Bedford, North Richland Hills, and Colleyville. Within one mile of the site along this thriving retail corridor, there are four national grocery chains including Kroger, Sprouts, Natural Grocers and Tom Thumb Supermarket (ranked #1 in Tarrant County and located directly behind the site). Other national retailers within a one-mile radius include Home Depot, Kohl’s, Lowe’s Home Improvement, Stein Mart, Planet Fitness, Office Depot, Starbucks and Chick-fil-A. The City of Hurst is located west of DFW International Airport in northeast Tarrant County. This site boasts the coveted gold standard for retail with over 100,000 people with average household incomes exceeding $100,000 per year within a three-mile radius. Average household incomes within a one-mile radius of the site exceed $136,000 per year. The Dallas-Fort Worth metroplex is the largest metropolitan area in Texas, the largest in the South, and fourth-largest in the U.S. with a population of 7,539,711, according to the 2019 U.S. Census population estimates. Overall, DFW is the 11th largest metro economy in the world and has a gross metro product exceeding $535 billion according to the Bureau of Economic Analysis. As a result, the metroplex benefits from the 24 Fortune 500 company headquarters and the 43 Fortune 1000 headquarters located throughout DFW. Northeast Tarrant County boasts some of the top school districts in the state including the Grapevine/Colleyville ISD, the H-E-B ISD, and the Birdville ISD. These school districts, along with their close proximity to the DFW International Airport, have helped this area become one of the densest high-income suburban areas in the DFW Metroplex. Grapevine Highway Retail Center has a quality mix of internet-resistant tenants comprised of two restaurants, a veterinarian, and a haircutter. Along with the dense high-income residential communities and a strong mix of national and local retailers, the site benefits from its close proximity to Tarrant County College (17,050 students) and Birdville High School (over 2,000 students) both of which are located less than one mile from the site. The property has outstanding curb appeal and excellent street exposure to over 46,000 vehicles per day as well as over 4,700 employees within a one-mile radius including the Tarrant County Court House and the Bank of Texas office building. Best in class construction and a strong mix of tenants combined with the daily needs draw of a neighboring grocery-anchored shopping center along a thriving retail corridor ensures the long-term success of this asset.