For Auction
Asset Snapshot
Investment Highlights
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.
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 guideAuctioneer
Need Help?
Your transaction managers are your first point of contact for any auction or process questions. For additional support:
Investment Sales Brokers
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.