Prime Investment Opportunity: Saltgrass Steak House in Grapevine, TX

Colonial Commercial Real Estate LLC is thrilled to present an incredible investment opportunity in one of the most vibrant and growing suburbs of Fort Worth: Grapevine, Texas! This offering features a well-established Saltgrass Steak House located at 102 E State Hwy 114, Grapevine, TX 76051, a prime spot with exceptional growth potential and a 6.51% Cap Rate.

?? Property Overview:

• Size: 7,545 SF Retail Building
• Price: $6,300,000 USD ($835 USD/SF)
• Lease Type: Absolute Triple-Net (NNN)
• Current Lease Term: ±8.5 years remaining on a 15-year extension (lease originated in 1996)
• Options: Two 5-year renewal options with minimum 15% rent increases
• Location: Just 5 minutes from the Dallas-Fort Worth International Airport (DFW)
• Traffic: Situated at the intersection of South Main Street and East State Highway 114, benefiting from 219,809 VPD

?? Investment Highlights:

1. Well-Established Tenant: Saltgrass Steak House is a household name known for its quality steaks, chicken, and seafood. The restaurant is corporate-backed by Landry’s Inc., a privately held conglomerate with over 600 restaurants, hotels, casinos, and entertainment venues worldwide.
2. Proven Location with Consistent High Sales: This Saltgrass location has been serving the community since 1996, demonstrating a solid operating history with strong and consistent sales.
3. Absolute Triple-Net (NNN) Lease: The property comes with an absolute NNN lease, meaning the tenant is responsible for all property expenses, making this a hassle-free investment opportunity for owners. The lease also includes favorable rent escalations and renewal options, ensuring stable and predictable cash flow for years to come.
4. Dense Retail & Hospitality Corridor: Positioned in a bustling retail corridor, the property is surrounded by over 3.4 million square feet of retail space within a 1.5-mile radius. Additionally, there is 15.3 MSF of retail, 60.6 MSF of industrial, 15.4 MSF of office/healthcare, 20,226 multi-family units, and 11,763 hotel rooms within a 5-mile radius. The location's high foot traffic and dense population make it an excellent investment for any savvy investor looking to tap into a thriving market.
5. Global Accessibility: Just minutes away from the DFW International Airport, the second-largest airport in the world by passenger volume, the property offers unparalleled global connectivity. This makes it an attractive investment for both local and international investors.
6. No State Income Tax: Texas’ favorable tax climate adds another layer of appeal to this investment. With no state income tax, investors can maximize their returns in a high-growth market like Grapevine.

?? The Growth Potential of Grapevine, TX: Grapevine, a rapidly growing suburb of Fort Worth, is gaining recognition as a desirable location for businesses and residents alike. As more people seek to escape the hustle and bustle of city life, suburbs like Grapevine are experiencing a boom. The demand for high-quality dining options is increasing as families, professionals, and tourists flock to these areas. This trend is fueling local economies and creating new opportunities for growth in the restaurant and retail sectors. #GrapevineGrowth #SuburbanShift #EconomicDevelopment

??? Why Invest in Restaurant Properties? Restaurants are a staple of every community—providing not just food but also social and cultural value. As more people move to the suburbs, there is a consistent demand for dining options that cater to families, professionals, and tourists. Investing in a well-established restaurant like Saltgrass Steak House ensures that you are part of a resilient and essential sector. The property’s high traffic counts and proven success make it an ideal investment for those looking to capitalize on the growth of the DFW Metroplex and beyond.

?? Final Thoughts: This Saltgrass Steak House property in Grapevine, TX, represents a rare opportunity to acquire a high-quality asset in a booming market. With its strategic location, solid tenant, strong lease structure, and proximity to a globally connected airport, this investment checks all the boxes for potential growth and strong returns. Don’t miss out on this chance to add a prime asset to your portfolio! #InvestmentOpportunity #CREInvesting #HighYieldReturns #RealEstateInvestments #TexasRealEstate #InvestorAlert #PropertyForSale #RestaurantInvestments

For more information and to access the full Offering Memorandum, click here: Saltgrass Steakhouse_OM #InvestSmart #OpportunityKnocks

What are you waiting for? Seize this prime investment opportunity today!

#CommercialRealEstate #RetailInvestment #RestaurantProperty #GrapevineTX #DFWRealEstate #InvestmentOpportunity #NNNLease #SaltgrassSteakhouse #HighTrafficArea #NoStateIncomeTax #RealEstateGrowth #DFWMetroplex #TexasInvestments #CRE