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Caribou Coffee 897 W. Northwest hwy 664 SF Retail Building Grapevine, TX 76051 $3,075,863 CAD ($4,632.32 CAD/SF) 6% Cap Rate

Retail Spaces Texas Grapevine 897 W. Northwest hwy, Grapevine, TX 76051

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Investment Highlights

  • 2025 Construction. 664+/- SF Building on 0.69+/- Acre Site
  • 1.5 Miles from Dallas-Fort Worth International Airport (87.8 Million Passengers/Year) – 2nd-Busiest Airport in U.S. and 3rd in the World
  • Caribou Coffee is the Second-Largest Premium Coffeehouse in the U.S. with 800 Locations Worldwide in 11 Countries
  • Located on the Corner of Northwest Highway & Ball St (34,800+ Combined VPD), just Northeast of TX 114 (104,700+ VPD)
  • Densely Populated Area with High Spending Power – 113,000 Residents w/ Avg. HH Income of nearly $220,000 w/in 5 Miles
  • Grapevine | Located in the Heart of the DFW Metroplex | Population: 51,300+; MSA: 8.7M+

Executive Summary

15-Year Corporate Net Lease with JAB Holding Company; 10% Rent Increases Every 5-Yrs. in Primary & Option Periods

Attachments

SECURE NET LEASE OM

Property Facts

Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Fast Food
Building Size
664 SF
Building Class
B
Year Built
2025
Price
$3,075,863 CAD
Price Per SF
$4,632.32 CAD
Cap Rate
6%
NOI
$184,565 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.02
Lot Size
0.69 AC
Zoning
F1 - Commercial

Links

1 1
Walk Score®
Very Walkable (81)
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measures access to public transit. Bike Score®
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Nearby Major Retailers

Caribou Coffee
Southside Bank
Starbucks
Frost Bank
Prosperity Bank
Grapevine Cross Fit
Tom Thumb
Bank Of Texas
Bank of America
IHOP

Property Taxes

Parcel Number 06473962 Improvements Assessment $291,620 CAD
Land Assessment $491,891 CAD Total Assessment $783,511 CAD

Property Taxes

Parcel Number
06473962
Land Assessment
$491,891 CAD
Improvements Assessment
$291,620 CAD
Total Assessment
$783,511 CAD
(214) 915-8890

Still interested?

Contact the brokers for more information about this property

Contacts

  • Listing ID: 37959657

  • Date on Market: 2025-10-06

  • Last Updated:

  • Address: 897 W. Northwest hwy, Grapevine, TX 76051

The Downtown Grapevine Retail Property at 897 W. Northwest hwy, Grapevine, TX 76051 is currently available. Contact Secure Net Lease for more information.

RETAIL PROPERTIES IN NEARBY NEIGHBORHOODS

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897 W. Northwest hwy, Grapevine, TX for sale Building Photo- Image 7 of 8
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Caribou Coffee | 897 W. Northwest hwy
(214) 915-8890 x

Caribou Coffee | 897 W. Northwest hwy

Bob Moorhead
(214) 915-8890

Thomas House
(214) 295-7848

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