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460 State 114 hwy
Grapevine, TX 76051

$6,770,000 USD

Fast Food For Sale  •  6,250 SF

Property Details

• Property Type Fast Food
• Total Building Size 6,250 SF
• Lot Size 1.8 AC
• Building Class B
• Year Built 2024
• Cap Rate 4.80 %
• Tenancy Single

0 Transit Score

40 Walk Score

Highlights

Brand-New Construction Single-Tenant Portillo’s (NASDAQ: PTLO): New 10.5-year absolute NNN ground lease; zero landlord responsibilities

Strategically Located in the Heart of Grapevine’s Primary Retail Corridor

Situated at the Intersection of Highways 114 and 121 in a Popular Dallas Suburb

The Property is Less than 5 Miles from Huge Traffic Draws and Caters to the Visitors of the Nearby Hotels and Airport

Dense, Affluent Demographics: 125,744 people with average household incomes over $162,000 within a 5-mile radius

Dallas-Fort Worth MSA: Largest metropolitan area in Texas and fourth largest in the United States, with over 7.8 million residents

Cap Rate:

4.80 %

Public Transportation

Commuter Rail	Drive	Walk	Distance
Centre Port/Dfw (Trinity Railway Express - Dallas Area Rapid Transit (DART))	14 min	-	9.5 mi
Transit/Subway	Drive	Walk	Distance
Grapevine Main Street Station (TEXRail - Trinity Metro)	3 min	16 min	0.8 mi
Airport	Drive	Walk	Distance
Dallas-Fort Worth International	9 min	-	6.1 mi
Dallas Love Field	28 min	-	19.8 mi