Paine Restaurant Group at Marcus & Millichap is pleased to present the exceptional investment opportunity located at 2980 TX-114 Frontage Road in Trophy Club, Texas. The asset features a premier, net-leased restaurant occupied by HG Sply Co., one of the Dallas-Fort Worth Metroplex's most recognizable and successful restaurant brands. The property generates $800,783 in annual rental income through July 2034 and benefits from a scheduled 10 percent rent increase during the remaining primary lease term, providing investors with stable cash flow and built-in contractual income growth. Since opening its original location on Lower Greenville in 2013, HG Sply Co. has expanded to five locations throughout the DFW area, demonstrating strong brand recognition, consumer loyalty, and sustained regional demand. Strategically positioned along State Highway 114, the property enjoys exceptional visibility on one of North Texas' most important transportation corridors, connecting Trophy Club with Westlake, Southlake, DFW International Airport, and numerous major employment centers.
Constructed in 2019, the 25,680-square-foot building serves as HG Sply Co.'s largest location and has established itself as a landmark experiential dining destination within the market. The asset further benefits from irrevocable rights to an additional 190 adjacent parking spaces that are maintained and managed by the city, significantly enhancing accessibility and overall site capacity. Beyond its attractive in-place income, the offering represents a compelling covered land investment on approximately 1.83 acres of strategically located real estate in one of North Texas' most affluent communities. Average household income exceeds $351,000 within a three-mile radius, and the surrounding trade area is supported by established residential neighborhoods and major employers including Charles Schwab, Fidelity, and Deloitte. Combining contractual rent growth, a proven restaurant operator, exceptional demographics, and long-term redevelopment optionality, this asset presents a rare opportunity to acquire a high-profile investment in a premier DFW location.