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Former IHOP 3317 E Highway 114

5,147 SF Retail Building Southlake, TX 76092 For Sale

Executive Summary

OVERVIEW
• 5,147 SF Freestanding 2nd Gen Restaurant on 1.55 AC Lot - Available: July 1, 2024
• Located in Southlake near Southlake Town Square and Grapevine border
• Across from Baylor Regional Medical Center of Grapevine and only 4 miles from Dallas/Fort Worth International Airport
• Surrounding national retailers include Walmart, Sam’s Club, Target, Kohl’s, Tom Thumb, Lowe’s, CVS Pharmacy and many more
• Low negotiated electricity rate $0.04012 cents/kwh to be assigned to tenant, saving over 50%/mo. vs. current market $0.084 rate for electricity
• Call for Info & Price

Property Facts

Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Restaurant
Building Size
5,147 SF
Building Class
B
Year Built
2000
Tenancy
Single
Number of Floors
1
Building FAR
0.08
Land Acres
1.55 AC
Zoning
C-Southlake
Parking
59 Spaces (11.46 Spaces per 1,000 SF Leased)

Nearby Major Retailers

IHOP
WW
Tom Thumb
Starbucks
Prosperity Bank
Bank Of Texas
Southside Bank
Bank of America
The Halal Guys
Tapout Fitness

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
07217382
Land Assessment
£635,230
Improvements Assessment
£687,110
Total Assessment
£1,322,341
  • Listing ID: 31966859

  • Date on Market: 30/05/2024

  • Last Updated:

  • Address: 3317 E Highway 114, Southlake, TX 76092

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