610 S Crawford Dr - Restaurant FOR SALE


Fate, TX 75087 | 
$6,317,000 USD
214-960-2835
610 S Crawford Dr, Fate, TX for Sale
$6,317,000 USD
Restaurant - FOR SALE
1/5
null | 6.1% Cap Rate

610 S Crawford Dr
Fate, TX 75087


HIGHLIGHTS

  • Adjacent to New 400k+ SF Kroger Marketplace & Target Anchored Development
  • Primary Retail Intersection in Booming DFW Submarket
  • Strong Fundaments on a +/- 1.26-Acre Parcel, Structural Steel & Partial Masonry Construction, 55 Parking Spaces, Monument Sign
  • Neighboring Fate Yards, a Newly Announced 50-Acre Mixed Use Center & Fate Village Grocery-Anchored Center
  • Average HH Incomes Exceed $134,100, $133,600 & $134,800 in a 1, 3 & 5-mile Radii, Respectively
  • 100% Leased, 3-Tenant Retail Center with Drive-Thru End Cap

OVERVIEW

- 100% Leased to a Complementary Tenant Mix with Livewell Animal Hospital (Mission Pet Health Corporate – 900+ Locations), Donato’s Pizza (460+ Locations Nationally, Drive-Thru End Cap), GLOWE Nail Bar & All Tenants Experiencing Rent Bumps During Primary Term - Nearby National Tenant Retailers Include, Target, Fresh (Brookshires), Starbucks, McDonald’s, Chipotle, Spec’s, Pet Supplies Plus, Jersey Mikes, and Several Other National Retailers - Fate City Council Approved a $6M Bond to Fund the Redevelopment of Fate Station Park in Downtown Fate; 50 Additional Parking Spaces, Two (2) Restaurants, Added Pavilions & Enhanced Pedestrian Pathways - Benefits from Parallel Positioning to FM 551 with Access to Interstate 30 (94,200+ Combined VPD), in a Primary Retail Corridor with 40K+ SF of Retail Under Construction Nearby National Tenant Retailers Include, Target, Fresh (Brookshires), Starbucks, McDonald’s, Chipotle, Spec’s, Pet Supplies Plus, Jersey Mikes, and Several Other National Retailers

FOR SALE DETAILS

PRICE

$6,317,000 USD

PRICE/SF

$695 USD /SF

CAP RATE

6.1%

% LEASED

-

TENANCY

Multiple

STATUS

Under Construction

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

The Shops at Fate

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Restaurant

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2026

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1.25 AC

LAND SF

54,450 SF

ZONING

F1

APN/PARCEL ID

332367

ASK ABOUT THIS PROPERTY

Tim AxilrodSHOP CompaniesMore Info
214-960-2835

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Tim AxilrodSHOP CompaniesMore Info
214-960-2835

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