Shops of Granbury

Price: $4,200,000
Sq. Ft.: 9,050
Cap Rate: 6.03%
Built: 2015
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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.

  • 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
  • Strong Tenant Base Featuring 100% National and Regional Retailers
  • Tea N’ergy End Cap Suite Features a Drive-Thru Window
  • Signalized, Hard Corner Location on U.S. Highway 377 | Traffic Counts Along U.S. Highway 377 Exceed 35,882 Vehicles per Day
  • TxDOT has Plans to Widen Portions of U.S. Highway 377 from a Four-Lane to Six-Lane Divided Highway and Improving Intersections to Accommodate Growth
  • Positioned in a Dense Retail Trade Area | Nearby Traffic Drivers Include Walmart, Planet Fitness, PetSmart, Boot Barn, Spring Creek Barbeque, Starbucks, Brookshire’s, Dollar Tree, and More
  • Average Household Income Within Five Miles is $91,315 | Population Exceeds 43,230 Residents Within Five Miles
  • Granbury is the County Seat of Hood County | Located 35 Miles Southwest of Downtown Fort Worth
  • Minutes from Lake Granbury | A Popular Recreational Destination to Dallas-Fort Worth Residents