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1265 S Main St
Grapevine, TX 76051
Winewood Grill · Retail Property For Sale
Executive Summary
Absolute Net Lease – Zero Landlord Responsibility
Strong Restaurant Sales and Low Occupancy Cost
Beautiful Class ‘A’ Restaurant with Substantial Capital Invested by a Seasoned Restaurant Entrepreneur
Tenant Extended Their Primary Term Early – Showing Strong Commitment to the Site
15+ Year Operating History at This Location
3 x 5 Year Options with Rent Escalations
Complimentary to 3 Other Restaurants in the Development - Bob’s Steak & Chop House, Mi Dia, & Mio Nonna – Each of Which have Strong Store Sales
Less than 5 miles from Huge Traffic Draws Such as Dallas-Fort Worth International Airport, The Gaylord Texan Resort & Convention Center, and Great Wolf Lodge Caters to Visitors of the Nearby Hotels, Airport
Average Household Income is More Than $140K - More Than 1.5x the National Average
41% Population Boom in last 10 Years
Travelers and Residents of the Surrounding Top Suburbs of Southlake, Coppell and Flower Mound Frequent this Oasis/Development of 4 Top Restaurants
Located Near Historic Downtown Grapevine – Near $105 Million Mixed Use Development
Located at the Intersection of Highways 114 & 121 in a Popular Suburb of Dallas – Visible to Nearly 126,470 Vehicles Per Day
Strong Restaurant Sales and Low Occupancy Cost
Beautiful Class ‘A’ Restaurant with Substantial Capital Invested by a Seasoned Restaurant Entrepreneur
Tenant Extended Their Primary Term Early – Showing Strong Commitment to the Site
15+ Year Operating History at This Location
3 x 5 Year Options with Rent Escalations
Complimentary to 3 Other Restaurants in the Development - Bob’s Steak & Chop House, Mi Dia, & Mio Nonna – Each of Which have Strong Store Sales
Less than 5 miles from Huge Traffic Draws Such as Dallas-Fort Worth International Airport, The Gaylord Texan Resort & Convention Center, and Great Wolf Lodge Caters to Visitors of the Nearby Hotels, Airport
Average Household Income is More Than $140K - More Than 1.5x the National Average
41% Population Boom in last 10 Years
Travelers and Residents of the Surrounding Top Suburbs of Southlake, Coppell and Flower Mound Frequent this Oasis/Development of 4 Top Restaurants
Located Near Historic Downtown Grapevine – Near $105 Million Mixed Use Development
Located at the Intersection of Highways 114 & 121 in a Popular Suburb of Dallas – Visible to Nearly 126,470 Vehicles Per Day
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Restaurant
Building Size
9,551 SF
Building Class
C
Year Built
2011
Price
$6,169,695 CAD
Price Per SF
$645.97 CAD
Cap Rate
6.50%
NOI
$400,995 CAD
Tenancy
Single
Building Height
1 Story
Zoning
F1 - Real Commercial
Parking
71 Spaces (7.43 Spaces per 1,000 SF Leased)
Property Taxes
| Parcel Number | 41245113 | Improvements Assessment | $3,967,888 CAD |
| Land Assessment | $1,212,750 CAD | Total Assessment | $5,180,638 CAD |
Property Taxes
Parcel Number
41245113
Land Assessment
$1,212,750 CAD
Improvements Assessment
$3,967,888 CAD
Total Assessment
$5,180,638 CAD
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