408 Westchase Dr - Restaurant FOR SALE


Grand Prairie, TX 75052
$2,684,423 USD
214-675-3665
408 Westchase Dr, Grand Prairie, TX for Sale
$2,684,423 USD
Restaurant - FOR SALE
1/8
null | 6.15% Cap Rate

408 Westchase Dr
Grand Prairie, TX 75052


HIGHLIGHTS

  • Has occupied the propertysince 2005 and just executed a new 10-year renewal
  • Absolute NNN with built-in 8% rental increases every 5 years
  • Operated by an experienced 18-unit franchisee

OVERVIEW

DUWEST Investment Sales is pleased to present the opportunity to acquire Denny's, located at 408 Westchase Drive in Grand Prairie, Texas ("the Property"), featuring a recently exercised extension carrying the lease through July 31, 2036. The tenant has continuously occupied thesite since 2005 — over two decades of operational commitment — with the new termcommencing August 1, 2026. The operator, EYM Diner of DFW, LLC, maintains a strongregional footprint of 18 locations. The Property offers an attractive going-in basis with meaningful long-term upside through contractual 8% rent increases every five years, further supported by four remaining five-year renewal options that extend potential occupancy well into the future. The absolute NNN structure leaves ownership with no landlord responsibility for taxes, insurance, maintenance,or management. The site benefits from a strong infill Dallas–Fort Worth position near Carrier Parkway (19,202VPD) and Interstate 20 (188,713 VPD), one of the region's primary east–west thoroughfares. It sits within a dense, well-established retail node surrounded by Target, Tom Thumb, Chipotle, Starbucks, Home Depot, Chick-fil-A, and Cinemark — a concentration of complementary usesthat drives consistent cross-shopping traffic. The immediate trade area is notably affluent for the corridor, with average household income of $147,035 and average home value of $410,114 within one mile. The offering presents a durable, passive investment: approximately ten years of term, contractual income growth independent of market conditions, and a highly trafficked site within a thriving national retail corridor.

FOR SALE DETAILS

PRICE

$2,684,423 USD

PRICE/SF

$512 USD /SF

CAP RATE

6.15%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Restaurant

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1995

SPRINKLERS

-

PARKING SPACES

64

LAND DETAILS

LAND ACRES

1.33 AC

LAND SF

57,935 SF

ZONING

-

APN/PARCEL ID

280216600A0040000

ASK ABOUT THIS PROPERTY

Will WaltersDUWESTMore Info
214-675-3665

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Will WaltersDUWESTMore Info
214-675-3665

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.