www.crexi.com - The Commercial Real Estate Exchange
Subscribe to Intelligence for full access
Analyze more property details including ownership and financial history. Share advanced property insights with your clients and teams.
Subscribe to Intelligence for full access
Analyze more property details including ownership and financial history. Share advanced property insights with your clients and teams.
29585383
29585384

1295 S Main St, Grapevine, TX 76051 For Sale

JV
TX TX 512565
Summit Real Estate
Summit Real Estate
Listed by Summit Real Estate
$5,230,000
163 days on market
Updated 37 days ago

Mi Dia From Scratch

Details
Property Type Retail
Sub Type Restaurant
Square Footage 7,330
Cap Rate 6.5%
NOI $339,951
Occupancy 100%
Tenancy Single
Brand/Tenant Mi Dia
Lease Type NNN
Lease Term 21.6
Lease Expiration 04/30/2033
Remaining Term 6.8
Price per SqFt $714
Year Built 2011
Buildings 1
Stories 1
Acreage 0.170
Lease Commencement 10/03/2011

Absolute Net Lease | Strong Store Sales | Long Term Tenant | A+ Location

Investment highlights

Absolute NNN – Zero Landlord Responsibility

Long-Term Tenant Recently Extended Early for an Additional 10 Years

Strong Store Sales – Paid % Rent Each Year Even During Global Pandemic and World Shut Down

Percentage Rent at 5% of Net Sales Income with Monthly Based Rent – Giving Landlord Tremendous Stability and Future Upside

Beautiful Class “A” Restaurant with Substantial Capital Invested by a Seasoned Restaurant Entrepreneur

Complimentary to 3 Other Restaurants in the Development - Bob’s Steak & Chop House, Winewood Grill, & Mio Nonno – Each of Which have Strong Store Sales

Less than 5 miles from Huge Traffic Draws Such as Dallas-Fort Worth International Airport, The Gaylord Texan Resort & Convention Center, and Great Wolf Lodge Caters to Visitors of the Nearby Hotels, Airport

Average Household Income is over $140K - More Than 1.5x the National Average

41% Population Boom in Last 10 Years

Travelers & Residents of the Surrounding Top Suburbs of Southlake, Coppell and Flower Mound Frequent this Oasis/Development of 4 Top Restaurants

Located Near Historic Downtown Grapevine – Near $105 Million Mixed- Use Development

Located at the Intersection of Highways 114 & 121 in a Popular Suburb of Dallas – Visible to Nearly 126,470 Vehicles Per Day

Listing Contacts

JV
TX TX 512565
Summit Real Estate
Summit Real Estate
Listed by Summit Real Estate

Valuation Calculator

Login or Sign up to see Valuation Metrics
Sign up for Crexi to see valuation metrics for this property
$
$
%
Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$339,951.00
$28,329.25/mo

Valuation Metrics

0
DSCR
6.5%
Cap Rate
6.5%
ROI

Broker Selected Comps View More Comps

Property History

Intelligence Badge

Tax History

Intelligence Badge

Similar Properties

View All

Additional Information

Name
Jason Vitorino
License
TX 512565
Brokerage Phone
972-860-1966
Name
Cannon Thornhill
License
835913
Brokerage
Summit Real Estate
Brokerage Phone
972-860-9978
Title
Commercial Real Estate Broker
Brokerage Address
14755 Preston Road
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
Is there information that looks off?
For assistance, reach out to our support team at [email protected] or call 888.273.0423 . For press inquiries, contact [email protected]
Equal Housing Opportunity
5510 Lincoln Blvd #400, Los Angeles, CA 90094Commercial Real Estate Exchange, Inc.Crexi Technologies, LLCCXTechnology, LLC
© 2026 Commercial Real Estate Exchange, Inc. All Rights Reserved. DRE #02086591