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.
32297729
32212650

315 E US 377, Granbury, TX 76048 For Sale

EP
TX TX 682080
Weitzman Dallas
KB
TX 678298
Weitzman Dallas
Listed by Weitzman Dallas
$3,202,441
77 days on market
Updated 37 days ago

Hoffbrau Granbury

Details
Property Type Retail
Sub Type Restaurant, Bar (+1)
Square Footage 4,092
Cap Rate 7.25%
NOI $232,177
Occupancy 100%
Tenancy Single
Lease Type NN
Lease Expiration 12/30/2039
Remaining Term 13
Rent Bumps Yes
Lease Options Two (2) Five (5) Year Options
Class A
Year Built 2007
Year Renovated 2022
Acreage 1.170
Tenant Credit Corporate Guarantee
Rent Commencement 01/07/2010
Ground Lease No

Retail | 7.25% CAP | 4,087 SqFt

Marketing description

Weitzman is pleased to exclusively offer the opportunity to acquire the fee simple ownership at 315 E US Hwy 377, a Hoffbrau Steak & Grill House. Hoffbrau is a well-established, family-operated steakhouse located along the primary commercial corridor in Granbury, TX.

The offering presents an opportunity to acquire a single-tenant net lease investment that benefits from excellent visibility and accessibility along the primary retail corridor in Granbury. The corridor serves as the primary north-south connection between Granbury and Fort Worth, approximately 33 miles to the north, positioning the asset to benefit from both local and commuter traffic. The site is also located near Lake Granbury, a major recreational draw that supports consistent tourism and weekend visitation.

Granbury is a well-known destination for tourism, anchored by its historic square, lakefront amenities, and year-round events. The subject property’s proximity to these attractions enhances customer traffic from both residents and visitors, supporting strong lunch, dinner, and weekend volumes. The combination of tourism and population growth provides multiple demand drivers that diversify revenue streams and reduce reliance on any single customer segment.

Investment highlights

  • Hoffbrau has been operating for 15+ years at this location
  • Double net asset with Landlord only responsible for roof, structure and parking lot allowing for consistent passive income
  • Annual rent increases throughout the remaining 13 years of the lease
  • Prime frontage along US Hwy 377, the dominant retail thoroughfare in Granbury
  • Positioned amongst major anchors: Walmart, Home Depot, Starbucks, Lowe's and Chick-fil-A
  • Population growth projected at 13.28% within the next 5 years
  • No state income tax

Listing Contacts

EP
TX TX 682080
Weitzman Dallas
KB
TX 678298
Weitzman Dallas
Listed by Weitzman Dallas

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
$232,177.00
$19,348.08/mo

Valuation Metrics

0
DSCR
7.25%
Cap Rate
7.25%
ROI

Broker Selected Comps View More Comps

Property History

Intelligence Badge

Similar Properties

View All

Additional Information

Name
Emilie Paulson
License
TX 682080
Brokerage
Weitzman
Brokerage Phone
2147203616
Title
SVP
*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