HG SPLY Co. Trophy Club, TX

2980 State Hwy 114
Trophy Club, TX

Price: $12,320,000
Cap Rate: 6.50%
NOI: $800,783
Building Size: Approx. 23,470 Sq. Ft.
Lot Size: Approx. 1.83 Acres
Type: Single-Tenant / Retail
Sub Category: Casual Dining
Year Built: 2019

Investment Overview

  • 2019 Construction. 23,470+/- SF Building on 1.83+/- Acre Site
  • Full NNN Lease w/ 11-Years Remaining on the Initial Term
  • Rare Offering on an Extremely High-Trafficked Concept (Around 250,000 Visits Last Year)
  • Strategic Location w/ Strong Visibility on SH-114, Which Sees 102,626 Vehicles Per Day
  • The Property is Located Within a Submarket w/ Massive Spending Power – Avg. HH Income w/in 3-Mile Radius is $306,266
  • City of Trophy Club has an Irrevocable Parking Agreement w/ Property Owner that adds an Additional 190 Parking Spaces
  • Trophy Club | One of the Fastest Growing Submarkets in DFW Metroplex | Population: 14,483+