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Shopping Strip

Shops of Granbury

325 East US Hwy 377, Granbury, TX 76048

Listing Price: $4,200,000

Cap Rate
6.03%
Gross SF
9,050
Rentable SF
9,050
Price/Gross SF
$464.09
Lot Size
1.38 acres
Year Built
2015

Investment Overview

Shops of Granbury is a 9,050-square-foot, multi-tenant retail center located in Granbury, Texas. The center is currently 100 percent occupied, and all leases are triple-net. The tenant base is a complementary mix of national and regional retailers including Chipotle, Firehouse Subs, Sports Clips, Wingstop, and Tea N'ergy. The building was constructed in 2015 and features a drive-through window in the Tea N'ergy suite. A double-sided monument sign faces U.S. Highway 377, offering additional exposure to the center.

Shops of Granbury is located on U.S. Highway 377 with multiple ingress and egress points. Traffic counts along U.S. Highway 377 exceed 35,882 vehicles per day. Shadow-anchored by Home Depot, the subject property is near numerous national and regional retailers including Walmart, Planet Fitness, PetSmart, Boot Barn, Spring Creek Barbeque, GameStop, Jimmy John's, Starbucks, Verizon, Wendy's, Brookshire's, Goodwill, AT&T, Jersey Mike's Subs, Sherwin-Williams Paint Store, Dollar Tree, CATO, Schlotzsky's, Lowe's Home Improvement, Cinergy Cinemas, Chick-fil-A, Chili's Grill & Bar, Cotton Patch Café, Sonic Drive-In, Spec's Wines, Spirts & Finer Foods, and many more.

Investment Highlights

  • 9,050-Square-Foot, Multi-Tenant Retail Center | Highly Visible Position along Major U.S. Highway 377 Corridor
  • Shadow-Anchored by The Home Depot | The Home Depot Drives Approximately 704,000 Visits Annually (Source: Placer.ai)
  • Fully Stabilized Asset | 100% Occupied | 100% Triple-Net Leases
  • Signalized, Hard Corner Location on U.S. Highway 377 | Traffic Counts Along U.S. Highway 377 Exceed 35,882 Vehicles per Day

Exclusively Listed By

Financing By

Shopping Strip

Shops of Granbury

Listing Price: $4,200,000

Cap Rate
6.03%
Gross SF
9,050
Rentable SF
9,050
Price/Gross SF
$464.09
Lot Size
1.38 acres
Year Built
2015

Investment Highlights

  • 9,050-Square-Foot, Multi-Tenant Retail Center | Highly Visible Position along Major U.S. Highway 377 Corridor
  • Shadow-Anchored by The Home Depot | The Home Depot Drives Approximately 704,000 Visits Annually (Source: Placer.ai)
  • Fully Stabilized Asset | 100% Occupied | 100% Triple-Net Leases
  • Signalized, Hard Corner Location on U.S. Highway 377 | Traffic Counts Along U.S. Highway 377 Exceed 35,882 Vehicles per Day

Investment Overview

Shops of Granbury is a 9,050-square-foot, multi-tenant retail center located in Granbury, Texas. The center is currently 100 percent occupied, and all leases are triple-net. The tenant base is a complementary mix of national and regional retailers including Chipotle, Firehouse Subs, Sports Clips, Wingstop, and Tea N'ergy. The building was constructed in 2015 and features a drive-through window in the Tea N'ergy suite. A double-sided monument sign faces U.S. Highway 377, offering additional exposure to the center. Shops of Granbury is located on U.S. Highway 377 with multiple ingress and egress points. Traffic counts along U.S. Highway 377 exceed 35,882 vehicles per day. Shadow-anchored by Home Depot, the subject property is near numerous national and regional retailers including Walmart, Planet Fitness, PetSmart, Boot Barn, Spring Creek Barbeque, GameStop, Jimmy John's, Starbucks, Verizon, Wendy's, Brookshire's, Goodwill, AT&T, Jersey Mike's Subs, Sherwin-Williams Paint Store, Dollar Tree, CATO, Schlotzsky's, Lowe's Home Improvement, Cinergy Cinemas, Chick-fil-A, Chili's Grill & Bar, Cotton Patch Café, Sonic Drive-In, Spec's Wines, Spirts & Finer Foods, and many more.

Exclusively Listed By

Financing By

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