Restaurant
HG Sply Co. | Trophy Club / Westlake, TX (Dallas-Fort Worth MSA) | Irreplaceable SH-114 Real Estate
2980 TX-114 Frontage Rd, Trophy Club, TX 76262
Listing Price: $10,670,000
Investment Overview
Marcus & Millichap is pleased to present the exceptional investment opportunity located at 2980 TX-114 Frontage Road in Trophy Club, Texas. The asset features a premier, net-leased restaurant occupied by HG Sply Co., one of the Dallas-Fort Worth Metroplex's most recognizable and successful restaurant brands. The property generates $800,783 in annual rental income through July 2034 and benefits from a scheduled 10 percent rent increase during the remaining primary lease term, providing investors with stable cash flow and built-in contractual income growth. Since opening its original location on Lower Greenville in 2013, HG Sply Co. has expanded to five locations throughout the DFW area, demonstrating strong brand recognition, consumer loyalty, and sustained regional demand. Strategically positioned along State Highway 114, the property enjoys exceptional visibility on one of North Texas' most important transportation corridors, connecting Trophy Club with Westlake, Southlake, DFW International Airport, and numerous major employment centers.
Constructed in 2019, the 25,680-square-foot building serves as HG Sply Co.'s largest location and has established itself as a landmark experiential dining destination within the market. The asset further benefits from irrevocable rights to an additional 190 adjacent parking spaces that are maintained and managed by the city, significantly enhancing accessibility and overall site capacity. Beyond its attractive in-place income, the offering represents a compelling covered land investment on approximately 1.83 acres of strategically located real estate in one of North Texas' most affluent communities. Average household income exceeds $351,000 within a three-mile radius, and the surrounding trade area is supported by established residential neighborhoods and major employers including Charles Schwab, Fidelity, and Deloitte. Combining contractual rent growth, a proven restaurant operator, exceptional demographics, and long-term redevelopment optionality, this asset presents a rare opportunity to acquire a high-profile investment in a premier DFW location.
HG Sply Co. | Trophy Club / Westlake, TX (Dallas-Fort Worth MSA) | Irreplaceable SH-114 Real Estate
Investment Highlights
- Premier Trophy Club Location - Located in One of North Texas' Most Affluent Communities, with Reported Average Household Income Exceeding $306,000 within Three Miles
- Strong Income with Contractual Growth - Generates $800,783 in Annual Rent through July 2034, with a Scheduled 10% Increase in Remaining Primary Term (July 2029)
- Brand with Proven Dallas-Fort Worth Growth Story - Since Debuting on Lower Greenville in 2013, HG Sply Co. Has Expanded across DFW to Five Locations, Demonstrating Lasting Appeal and Regional Demand
- High-Visibility SH-114 Frontage - Prominent Positioning along a Key DFW Corridor Connecting Trophy Club with Westlake, Southlake, DFW Airport and Major Employment Centers
- Strategic Covered Land Play with Long-Term Optionality - Current Cash Flow Backed by 1.83 Acres of Strategically Located Real Estate with Compelling Redevelopment Potential
- 190 Additional City-Managed Parking Spaces Directly Adjacent - Benefits from Irrevocable Rights to 190 Adjacent Parking Spaces Maintained and Managed by the City, Materially Expanding Site Capacity Potential
- Major Employment Corridor - Surrounded by Established High-Income Neighborhoods and Major Employer Campuses, Including Charles Schwab, Fidelity, Deloitte and Many Others | Driving Consistent Daytime Population and Supporting Long-Term Underlying Value
- Significant Year-One Tax Benefits – Estimated $887,711–$1,126,710 in First-Year Tax Savings Through Accelerated Depreciation and 100% Bonus Depreciation | Inquire with Broker for Preapred Cost Segregation Analysis
Exclusively Listed By
Restaurant
HG Sply Co. | Trophy Club / Westlake, TX (Dallas-Fort Worth MSA) | Irreplaceable SH-114 Real Estate
Listing Price: $10,670,000
Investment Highlights
- Premier Trophy Club Location - Located in One of North Texas' Most Affluent Communities, with Reported Average Household Income Exceeding $306,000 within Three Miles
- Strong Income with Contractual Growth - Generates $800,783 in Annual Rent through July 2034, with a Scheduled 10% Increase in Remaining Primary Term (July 2029)
- Brand with Proven Dallas-Fort Worth Growth Story - Since Debuting on Lower Greenville in 2013, HG Sply Co. Has Expanded across DFW to Five Locations, Demonstrating Lasting Appeal and Regional Demand
- High-Visibility SH-114 Frontage - Prominent Positioning along a Key DFW Corridor Connecting Trophy Club with Westlake, Southlake, DFW Airport and Major Employment Centers
- Strategic Covered Land Play with Long-Term Optionality - Current Cash Flow Backed by 1.83 Acres of Strategically Located Real Estate with Compelling Redevelopment Potential
- 190 Additional City-Managed Parking Spaces Directly Adjacent - Benefits from Irrevocable Rights to 190 Adjacent Parking Spaces Maintained and Managed by the City, Materially Expanding Site Capacity Potential
- Major Employment Corridor - Surrounded by Established High-Income Neighborhoods and Major Employer Campuses, Including Charles Schwab, Fidelity, Deloitte and Many Others | Driving Consistent Daytime Population and Supporting Long-Term Underlying Value
- Significant Year-One Tax Benefits – Estimated $887,711–$1,126,710 in First-Year Tax Savings Through Accelerated Depreciation and 100% Bonus Depreciation | Inquire with Broker for Preapred Cost Segregation Analysis
Investment Overview
Marcus & Millichap is pleased to present the exceptional investment opportunity located at 2980 TX-114 Frontage Road in Trophy Club, Texas. The asset features a premier, net-leased restaurant occupied by HG Sply Co., one of the Dallas-Fort Worth Metroplex's most recognizable and successful restaurant brands. The property generates $800,783 in annual rental income through July 2034 and benefits from a scheduled 10 percent rent increase during the remaining primary lease term, providing investors with stable cash flow and built-in contractual income growth. Since opening its original location on Lower Greenville in 2013, HG Sply Co. has expanded to five locations throughout the DFW area, demonstrating strong brand recognition, consumer loyalty, and sustained regional demand. Strategically positioned along State Highway 114, the property enjoys exceptional visibility on one of North Texas' most important transportation corridors, connecting Trophy Club with Westlake, Southlake, DFW International Airport, and numerous major employment centers. Constructed in 2019, the 25,680-square-foot building serves as HG Sply Co.'s largest location and has established itself as a landmark experiential dining destination within the market. The asset further benefits from irrevocable rights to an additional 190 adjacent parking spaces that are maintained and managed by the city, significantly enhancing accessibility and overall site capacity. Beyond its attractive in-place income, the offering represents a compelling covered land investment on approximately 1.83 acres of strategically located real estate in one of North Texas' most affluent communities. Average household income exceeds $351,000 within a three-mile radius, and the surrounding trade area is supported by established residential neighborhoods and major employers including Charles Schwab, Fidelity, and Deloitte. Combining contractual rent growth, a proven restaurant operator, exceptional demographics, and long-term redevelopment optionality, this asset presents a rare opportunity to acquire a high-profile investment in a premier DFW location.
Exclusively Listed By
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