Retail Business for Sale in Grapevine, TX

  • Price: Contact for price
  • Listing type: For sale
  • Asset type: Retail Business
  • Location: Grapevine, TX 76051

Description

Marcus & Millichap is pleased to present the opportunity to acquire an Absolute Net lease Prosperity Bank in Grapevine, TX. The property consists of a 3,708-square-foot, freestanding building that sits on approximately 0.94 acres of land. There are 4 years remaining on the lease with 10% rental increases every five years. Investment Highlights: • Absolute Net Lease with Three Years Remaining • Excellent Visibility and Frontage on East Northwest Parkway (132,551 VPD) • Affluent Dallas Submarket - Average Household Income is $183,817 Within a 5-Mile Radius (146 Percent Higher Than National Average) • Located Minutes from DFW International Airport, the 2nd Busiest Airport in the World by Passenger Traffic

Market Context

This retail in Grapevine, TX is listed for sale. It is offered at an approximate 7.5% capitalization rate, a key benchmark for income-producing retail assets. It has been on the market for 53 days. Compare it against other retail listings for sale in Grapevine, TX — <a href="/search/sale/retail/texas/grapevine">view the full market</a>.

Contact

Explore this market

Similar Retail Business for Sale in Grapevine, TX