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2980 SH TX-114 Frontage Rd
Trophy Club, TX 76262 North Fort Worth

$11,439,000 USD

Restaurant For Sale  •  25,680 SF

Property Details

  • Property Type Restaurant
  • Total Building Size 25,680 SF
  • Lot Size 1.83 AC
  • Building Class B
  • Year Built 2019
  • Cap Rate 7.00 %
  • Tenancy Multiple
  • Zoning PD-25
0 Transit Score
17 Walk Score

Highlights

Offered at $11,439,000 with a 7.00% CAP Rate, providing stable long-term cash flow in a low-risk net lease structure.
10% rent increases every 5 years drive meaningful NOI growth, providing a strong hedge against inflation.
Average household income exceeds $240,000 within 3 miles, placing the property in one of DFW’s most affluent submarkets.
Priced well below the estimated $15M replacement cost, with an irrevocable, city-maintained parking agreement providing over 230 additional spaces.
Operated by HG Sply Co. / UNCO Concepts, a toptier DFW hospitality group, invested over $500K in self-funded improvements in 2021.
Direct frontage on TX-114 with exposure to more than 100,000 vehicles per day, offering unmatched visibility.
Cap Rate: 7.00 %

Major Tenants

Tenant SF Occupied Lease End Date
HG Sply Trophy Club, LLC 25,680 SF 7/31/2034

Public Transportation

AirportDriveWalkDistance
Dallas-Fort Worth International 18 min - 12.8 mi
Dallas Love Field 36 min - 26.5 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 59
Type: Surface
Included in Rent: Yes
Ethan Offenbecher 737-205-2056 Sands Investment Group Austin, LLC
Ethan Offenbecher 737-205-2056 Sands Investment Group Austin, LLC