7669 Grapevine Hwy - Restaurant FOR SALE


North Richland Hills, TX 76180- Outer N Richland Hill/Haltom City
$2,895,000 USD
516-567-1175
7669 Grapevine Hwy, North Richland Hills, TX for Sale
$2,895,000 USD
Restaurant - FOR SALE
1/7
null | 6.42% Cap Rate

7669 Grapevine Hwy
North Richland Hills, TX 76180
Outer N Richland Hill/Haltom City


HIGHLIGHTS

  • SUPER High traffic | 6.4% CAP | 48k VPD

OVERVIEW

Rent can be renegotiated based on unique stipulation for option period Been there 20+ years Extremely high traffic corridor 45k weekly sales and 100+ unit operator VERY STRONG VPD This Hooters restaurant property offers a rare NNN investment opportunity in North Richland Hills, Texas. The property features a franchisee operator with over 100 units, demonstrating strong operational expertise and financial stability. Located on an extremely high-traffic corridor along Grapevine Hwy with 33,868 vehicles per day, and on NE Loop there are 15,000+ VPD, the restaurant generates approximately $45,000 in weekly sales. The tenant has been operating at this location for more than 20 years, showcasing long-term stability and commitment to the site.

FOR SALE DETAILS

PRICE

$2,895,000 USD

PRICE/SF

$588 USD /SF

CAP RATE

6.42%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Corner Hooters with AMAZING visibility

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Restaurant

ADD'L SUBTYPES

Storefront, Storefront Retail/Residential, undefined

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1988

SPRINKLERS

-

PARKING SPACES

74

LAND DETAILS

LAND ACRES

0.78 AC

LAND SF

33,977 SF

ZONING

C-1

APN/PARCEL ID

06200125

ASK ABOUT THIS PROPERTY

Josh PhillipsSilber Investment Properties, LTDMore Info
516-567-1175

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Josh PhillipsSilber Investment Properties, LTDMore Info
516-567-1175

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