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520 Grapevine Hwy
Hurst, TX 76054
Grapevine Highway Retail · Retail Property For Sale
Investment Highlights
- 100% Leased Retail Asset Across from Tom Thumb Grocery in the Affluent Submarket of Hurst, TX (DFW)
- Average Household Income Over $130,000, $107,400 & $114,600 in 1, 3 & 5 Mile Radii, Respectively
- Weighted Average Base Lease Term Expiration of November 2027 with All 4 Tenants Experiencing Rent Bumps During Primary Terms
- Strong Fundamentals: Parallel Position to the Road, Average Suite Size of 2,274 SF & Drive-Thru End Cap
Property Facts
Property Type
Retail
Property Subtype
Restaurant
Building Size
9,097 SF
Building Class
A
LoopNet Rating
4 Star
Year Built
2017
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.21
Lot Size
1.00 AC
Zoning
F1 - Commercial
Parking
20 Spaces (2.2 Spaces per 1,000 SF Leased)
Frontage
243’ on Grapevine Highway
About 520 GRAPEVINE HWY , HURST, TX 76054
Grapevine Highway Retail is a 9,097 square foot retail asset located across from Tom Thumb Grocery in Hurst, Texas. Positioned moments north of Highway 183 at the signalized intersection of Grapevine Highway and Hurstview Drive, the Property is just 15 minutes west of DFW International Airport, 20 minutes east of Downtown Fort Worth and 30 minutes west of Downtown Dallas. Grapevine Highway Retail boasts a restaurant and service tenant mix including Chicken Salad Chick (drive-thru end cap), Burning Rice, Thrive Affordable Vet Care and Knockouts Haircuts with a weighted average base lease term expiration of November 2027.
Property Taxes
| Parcel Number | 42220147 | Improvements Assessment | $3,528,386 |
| Land Assessment | $524,448 | Total Assessment | $4,052,834 |
Property Taxes
Parcel Number
42220147
Land Assessment
$524,448
Improvements Assessment
$3,528,386
Total Assessment
$4,052,834
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