2980 SH TX-114 Frontage Rd - Restaurant FOR SALE
Trophy Club, TX 76262 |
$11,439,000 USD
737-205-2056
2980 SH TX-114 Frontage Rd
Trophy Club, TX 76262
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.
- 10% rent increases every 5 years drive meaningful NOI growth, providing a strong hedge against inflation.
- Average household income exceeds $240,000 within 3 miles, placing the property in one of DFW’s most affluent submarkets.
- Priced well below the estimated $15M replacement cost, with an irrevocable, city-maintained parking agreement providing over 230 additional spaces.
- Operated by HG Sply Co. / UNCO Concepts, a toptier DFW hospitality group, invested over $500K in self-funded improvements in 2021.
- Direct frontage on TX-114 with exposure to more than 100,000 vehicles per day, offering unmatched visibility.
OVERVIEW
Sands Investment Group is pleased to exclusively offer for sale a 25,680 SF HG Sply Co. located at 2980 TX-114 Frontage Rd in Trophy Club, TX. This opportunity features a stable, long-term cash flow supported by a low-risk net lease structure, with 10% rent increases every five years that drive meaningful NOI growth and provide a strong hedge against inflation.
In Cooperation With Sands Investment Group Austin, LLC - Lic. #9004706 BoR: Max Freedman - Lic. TX #644481
FOR SALE DETAILS
PRICE
$11,439,000 USD
PRICE/SF
$445 USD /SF
CAP RATE
7%
% LEASED
-
TENANCY
Multiple
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
HG Sply Co. - Trophy Club, TX
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Restaurant
ADD'L SUBTYPES
Fast Food, Storefront
TOTAL BUILDING SIZE
-
STORIES
1
YEAR BUILT
2019
SPRINKLERS
-
PARKING SPACES
59
LAND DETAILS
LAND ACRES
1.83 AC
LAND SF
79,715 SF
ZONING
PD-25
APN/PARCEL ID
42330686,42330694
ASK ABOUT THIS PROPERTY
Please correct the highlighted field(s).
737-205-2056
By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.
Please correct the highlighted field(s).
737-205-2056
By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.
