Shake Shack | Ground Lease Grand Prairie, TX 75052

1550 Mayfield Rd
Grand Prairie, TX 75052

Price: $5,292,000
Cap Rate: 4.75%
NOI: $251,371
Building Size: Approx. 3,380 Sq. Ft.
Lot Size: Approx. 1.33 Acres
Type: Single-Tenant / Retail
Sub Category: Casual Dining
Year Built: 2023

Investment Overview

  • 2023 Construction. 3,380+/- SF Building on 1.33+/- Acre Site
  • Brand New 15 Year Ground Lease w/ 10% Rental Increases Every 5 Years, Including Option Periods
  • Subject Property is Located on the Corner of Mayfield Dr and State Hwy 161 (23,900+ Combined VPD)
  • Subject Property is a New Construction Building with a Double Lane Drive-Thru
  • Located Near the Grand Prairie Premium Outlets & 11 Miles from DFW International Airport
  • Shake Shack is one of the Fastest Growing Food Chains in the US – 440 Locations w/ $900M Revenue in 2022
  • Grand Prairie  |  12 Miles from Downtown Dallas |  Population: 73,352

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