2980 TX-114 Frontage Rd
Trophy Club, TX
Price:
$11,439,000
Cap Rate:
7.00%
NOI:
$800,783
Building Size:
Approx. 25,680 Sq. Ft.
Lot Size:
Approx. 1.83 Acres
Type:
Single-Tenant / Retail
Sub Category:
Casual Dining
Year Built:
2019
Investment Overview
- 2019 Construction. 25,680+/- SF Building. 1.83+/- Acre Site
- 10-Year NN Lease with 10% Rental Increases Every 5 Years, and (1) 5-Year Options to Renew
- Located Along the High-Growth TX-114 Corridor – Positioned in One of DFW’s Fastest-Growing Suburban Corridors (100k+ VPD)
- Affluent Trade Area with Strong Demographics – Trophy Club, Westlake, & Surrounding Communities have ~$240K+ Avg. HH Incomes
- Concept Aligned with Lifestyle-Driven Consumer Base – Health-Conscious, Experiential Dining Concept is Well-Suited for Demographic
- Balanced Daytime and Evening Traffic Patterns – Proximity to Offices, Dense Residential Communities, & Regional Retail Creates Consistent Traffic
- Trophy Club | Affluent, Master-Planned Community in Rapidly Growing North DFW Metroplex | Population: 13,709+