For Auction

REO QSR Sale: Former Chick-fil-A | Vacant Drive-Thru, Owner-User Ready

460 Grapevine Highway,
Hurst, TX 76054

Asset Snapshot

Real Estate
Asset Type
Retail
Property Type
Freestanding Retail
Retail Subtype
1995
Year Built
1
Building Count
56,000
Vehicles Per Day
0.74 Acres
Land Area
2,964 SF
Property Size

Investment Highlights

Former Chick-fil-A With Existing Drive-Thru
Vacant white-box restaurant delivered with a drive-thru, outdoor patio, and recent renovations.
Dual Frontage With 56,000+ Combined VPD
Fronts Grapevine Highway (23,655 VPD) and Mid Cities Boulevard with two double-sided pylon signs
Behind 1.6M-Visit Tom Thumb-Anchored Center
Mayfair Village ranks in the top 25% of most visited shopping centers in Texas
2.7M+ SF of Retail Within 1.5 Miles
Corridor includes Walmart, McDonald's, Starbucks, and other national retailers drawing daily trips.
$144K Average Household Income Within 1 Mile
Roughly 98,500 residents and 40,900 households within three miles, with steady growth since 2010.
Restaurant Basis Below Replacement Cost
Positioned for an owner-user or value-add investor seeking a drive-thru box without ground-up build.

Offering Summary

Brokered by Marcus & Millichap and powered by RealINSIGHT Marketplace, 460 Grapevine Highway is a vacant, freestanding 2,964 SF former Chick-fil-A on 0.74 acres in Hurst, Texas. Built in 1995 and recently renovated, the white-box restaurant retains its drive-thru, an outdoor patio, and two double-sided pylon signs, allowing a restaurant or quick-service user to occupy without ground-up construction. The site has dual frontage along Grapevine Highway and Mid Cities Boulevard, with more than 56,000 combined vehicles per day. Offered below replacement cost, the property suits an owner-user seeking a ready drive-thru box or an investor looking to re-tenant and create income. It sits directly behind Mayfair Village Shopping Center, a Tom Thumb-anchored center that draws approximately 1.6 million annual visits and ranks within the top 25% of most visited shopping centers in Texas, according to Placer.ai. More than 2.7 million square feet of retail is located within 1.5 miles, including Walmart, while neighboring users include McDonald’s and AT&T. Approximately 98,500 residents live within three miles, and the property is about 15 minutes from DFW International Airport in the Mid-Cities area of Dallas-Fort Worth.

Due Diligence

Location

Located at 460 Grapevine Highway in Hurst, Texas, the property fronts Grapevine Highway and Mid Cities Boulevard in the Mid-Cities area of Dallas-Fort Worth. It backs to Tom Thumb-anchored Mayfair Village, giving a restaurant user built-in grocery traffic. Downtown Fort Worth is about 15 miles away, and DFW International Airport is roughly a 15-minute drive.

98,459
Residents within 3 miles (2025 est.)
$120,561
Median household income within 1 mile
~15 Min
Drive to DFW International Airport

Transaction Managers

Platform Fee

Buyer pays a minimum platform fee of 5% or $25,000 at closing.

How it Works

Learn about bidding, reserve prices, and closing.

Read the auction guide

Auctioneer

Lamar P. Fisher
Fisher Auction Company Inc.
License: 10344

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Auction Opens In
34d 17h 15m 47s
$250,000
Starting Bid
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Bidding Opens
Bidding Closes

Investment Sales Brokers

John Paine
Marcus & Millichap
TX License: 764689
Sam Noe
Marcus & Millichap - Paine Restaurant Group
Derek Schuster
Marcus & Millichap
TX License: 685656
Paul Casella
Marcus & Millichap
TX License: #750071-SA
TS
Tim Speck
Marcus & Millichap
TX License: 9002994

Disclaimers

The information being provided herein is for informational purposes only. No representation or warranty is made as to the accuracy or completeness of any information contained herein, including, without limitation, any information regarding the condition of the Property, the condition of title or Property descriptions. Any documents and/or pictures posted herein or elsewhere on the RealINSIGHT Marketplace (the "Website") are for informational purposes only, and may not represent the current condition of the Property or the condition of the Property at the time of sale. The posting of pictures herein or elsewhere on the Website does not constitute a guarantee that any items represented in the pictures will be present when the buyer takes possession of the Property. You are encouraged to conduct your own due diligence and investigate all matters relating to the Property. It is recommended that you seek independent advice, including legal advice, to perform your due diligence and that you use good faith efforts in determining that the content of all information provided to or obtained by you is accurate.