Caribou Coffee Grapevine, TX

897 W Northwest Hwy
Grapevine, TX

Price: $2,250,000
Cap Rate: 6.00%
NOI: $135,000
Building Size: Approx. 664 Sq. Ft.
Lot Size: Approx. 0.69 Acres
Type: Single-Tenant / Retail
Sub Category: Casual Dining
Year Built: 2025

Investment Overview

  • 2025 Construction. 664+/- SF Building on 0.69+/- Acre Site
  • 15-Year Corporate Net Lease with JAB Holding Company; 10% Rent Increases Every 5-Yrs. in Primary & Option Periods
  • 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+

 

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