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