|
|
Grapevine Restaurant 1701 William D Tate Ave 7,885 SF of Retail Space Available in Grapevine, TX 76051
HIGHLIGHTS
- Second Generation Restaurant with Equipment
- Premier Location in Grapevine Restaurant Row.
- Hard Corner Location with New Turn in Lane
SPACE AVAILABILITY (1)
Display Rental Rate as
- SPACE
- SIZE
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor | 7,885 SF | 5-10 Years | $30.00 /SF/YR $2.50 /SF/MO $322.92 /m²/YR $26.91 /m²/MO $19,713 /MO $236,550 /YR | Triple Net (NNN) |
1st Floor
Size: Spanning an impressive 7,885 square feet, this restaurant space provides ample room to accommodate a variety of dining concepts, seating arrangements, and interior designs. Second-Generation Restaurant: The property is a second-generation restaurant, which means it comes equipped with existing kitchen infrastructure, dining areas, and utility connections, streamlining the setup process for your new establishment. Versatile Space: The interior layout is a blank canvas, allowing you to bring your unique vision to life. Whether you're planning a casual eatery, upscale dining experience, or a themed restaurant, this space can be tailored to suit your concept.
- Lease rate does not include utilities, property expenses or building services
- Fully Built-Out as a Restaurant or Café Space
- Kitchen
- Freezer Space
- Security System
- Professional Lease
- Ventilation - Venting
- Highly Visible Location in Grapevine, Texas
- Second Generation Restaurant Equipment in place.
- High Traffic Location and Exposure
- Hard Corner Location with New Turn In
Rent Types
The rent amount and type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The rent type will vary depending upon the services provided. For example, triple net rents are typically lower than full service rents due to additional expenses the tenant is required to pay in addition to the base rent. Contact the listing broker for a full understanding of any associated costs or additional expenses for each rent type.
1. Full Service: A rental rate that includes normal building standard services as provided by the landlord within a base year rental.
2. Double Net (NN): Tenant pays for only two of the building expenses; the landlord and tenant determine the specific expenses prior to signing the lease agreement.
3. Triple Net (NNN): A lease in which the tenant is responsible for all expenses associated with their proportional share of occupancy of the building.
4. Modified Gross: Modified Gross is a general type of lease rate where typically the tenant will be responsible for their proportional share of one or more of the expenses. The landlord will pay the remaining expenses. See the below list of common Modified Gross rental rate structures: 4. Plus All Utilities: A type of Modified Gross Lease where the tenant is responsible for their proportional share of utilities in addition to the rent. 4. Plus Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of cleaning in addition to the rent. 4. Plus Electric: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical cost in addition to the rent. 4. Plus Electric & Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical and cleaning cost in addition to the rent. 4. Plus Utilities and Char: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the utilities and cleaning cost in addition to the rent. 4. Industrial Gross: A type of Modified Gross lease where the tenant pays one or more of the expenses in addition to the rent. The landlord and tenant determine these prior to signing the lease agreement.
5. Tenant Electric: The landlord pays for all services and the tenant is responsible for their usage of lights and electrical outlets in the space they occupy.
6. Negotiable or Upon Request: Used when the leasing contact does not provide the rent or service type.
7. TBD: To be determined; used for buildings for which no rent or service type is known, commonly utilized when the buildings are not yet built.
PROPERTY FACTS
| Total Space Available | 7,885 SF | Gross Leasable Area | 7,885 SF |
| Property Type | Retail | Year Built | 1995 |
| Property Subtype | Restaurant | Parking Ratio | 15.22/1,000 SF |
| Total Space Available | 7,885 SF |
| Property Type | Retail |
| Property Subtype | Restaurant |
| Gross Leasable Area | 7,885 SF |
| Year Built | 1995 |
| Parking Ratio | 15.22/1,000 SF |
ABOUT THE PROPERTY
2ND GENERATION RESTAURANT. This is more than just real estate; it's an opportunity to bring your culinary vision to life. Whether you're looking to continue the legacy of a beloved brand or create something entirely new, this location is ideal for a wide range of restaurant concepts. The spacious interior provides endless possibilities for layout, design, and decor. With a history of restaurant success, this turnkey space with equipment in place is ready to accommodate your unique concept and make it thrive. We are thrilled to present this exceptional restaurant leasing opportunity at 1701 William D. Tate Ave, Grapevine, Texas. This spacious 7,885 square foot free-standing building is your canvas to create the restaurant of your dreams. Location: Highly sought-after location on William D. Tate Ave. Close proximity to Grapevine Mills Mall and major highways. Excellent visibility with high traffic flow. Building: 7,885 square feet of prime restaurant space. Second-generation restaurant Free-standing building with ample parking. Access: Easy accessibility for both local patrons and visitors. Convenient ingress and egress for delivery and staff access as well as customers. The restaurant benefits from a strategic location on William D. Tate Ave, ensuring high visibility and a steady flow of both local patrons and tourists. This prime spot is also in close proximity to Grapevine Mills Mall and major highways, further increasing its appeal.
TRAFFIC
| COLLECTION STREET | CROSS STREET | TRAFFIC VOLUME | YEAR | Distance |
|---|---|---|---|---|
| William D Tate Ave | Cross Roads Dr, SW | 55,213 | 2022 | 0.09 mi |
| Frontage Rd | Mustang Dr, SW | 1,212 | 2022 | 0.20 mi |
| W Hwy 114 | Cross Roads Dr, SE | 13,234 | 2022 | 0.20 mi |
| SH 114 TEXpress | Cross Roads Dr, S | 98,431 | 2020 | 0.25 mi |
| 114 TEXpress | Cross Roads Dr, S | 108,478 | 2022 | 0.25 mi |
| State Hwy 26 | State Hwy 114, NW | 113,069 | 2020 | 0.26 mi |
| State Hwy 121 | W Hwy 114, E | 5,425 | 2022 | 0.26 mi |
| State Hwy 26 | Hwy 114, NW | 104,688 | 2022 | 0.26 mi |
| State Hwy 26 | Hwy 121, SE | 4,516 | 2022 | 0.26 mi |
| Mustang Dr | William D Tate Ave, E | 13,053 | 2022 | 0.26 mi |
NEARBY MAJOR RETAILERS
MAP
ADDITIONAL PHOTOS
Red Robin Berkowitz -20
Red Robin Berkowitz -13
Red Robin Berkowitz -11
Red Robin Berkowitz -5
Red Robin Berkowitz -1
Plat Map
Plat Map