897 W Northwest Hwy - Fast Food FOR SALE


Grapevine, TX 76051- Downtown Grapevine
$2,250,000 USD
214-915-8890
897 W Northwest Hwy, Grapevine, TX for Sale
$2,250,000 USD
Fast Food - FOR SALE
1/7
null | 6% Cap Rate

897 W Northwest Hwy
Grapevine, TX 76051
Downtown Grapevine


HIGHLIGHTS

  • 2025 Construction. 664+/- SF Building on 0.69+/- Acre Site
  • Located on the Corner of Northwest Highway & Ball St (34,800+ Combined VPD), just Northeast of TX 114 (104,700+ VPD)
  • 1.5 Miles from Dallas-Fort Worth International Airport (87.8 Million Passengers/Year) – 2nd-Busiest Airport in U.S. and 3rd in the World
  • Densely Populated Area with High Spending Power – 113,000 Residents w/ Avg. HH Income of nearly $220,000 w/in 5 Miles
  • Caribou Coffee is the Second-Largest Premium Coffeehouse in the U.S. with 800 Locations Worldwide in 11 Countries
  • Grapevine | Located in the Heart of the DFW Metroplex | Population: 51,300+; MSA: 8.7M+

OVERVIEW

15-Year Corporate Net Lease with JAB Holding Company; 10% Rent Increases Every 5-Yrs. in Primary & Option Periods

FOR SALE DETAILS

PRICE

$2,250,000 USD

PRICE/SF

$3,389 USD /SF

CAP RATE

6%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Caribou Coffee

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Fast Food

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2023

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.47 AC

LAND SF

20,637 SF

ZONING

-

APN/PARCEL ID

06473962

ASK ABOUT THIS PROPERTY

Bob MoorheadSecure Net LeaseMore Info
214-915-8890

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Bob MoorheadSecure Net LeaseMore Info
214-915-8890

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