- Cracker Barrel Old Country Store located at 2700 Grapevine Mills Parkway in Grapevine, Texas, is a 10,100 sq.ft. restaurant building on 1.68 acres located just north of the Dallas-Fort Worth Airport.
- The building is currently 100% leased to Cracker Barrel Old Country Store, Inc. (NYSE: CBRL), an American chain of combined restaurant and gift stores with a Southern country theme. Founded in 1969, the chain operates 645 stores in 44 states and employs 73,000 people. The company is publicly traded with revenue of nearly $3 billion in 2017.
- The property is strategically located near the intersection of Grapevine Mills Parkway and TX-121 which sees combined traffic counts in excess of 150,000 vehicles per day. There is direct access from both Grapevine Mills Parkway and TX-121.
- The building is a seasoned location with Cracker Barrel operating at the site for 13 years.
- The retail trade area in which the property is located is tremendous. The property is located across from the Grapevine Mills Mall which is comprised of over 1.5 million sq.ft. of retail and is near a 200,000 sq.ft. Bass Pro Shops Outdoor World. Adjacent national brand name tenants include Chuck E. Cheese’s, Applebee’s, Chick-fil-A, Steak ‘n Shake, Chipotle, Fuddruckers, LA Fitness, Ashley Furniture, Subway and Residence Inn. Amazon also recently opened a third fulfillment center nearby with all three centers located within 1 mile from the property and one of the centers being 1 million sq.ft. and employing over 1,000 people.
- The property also benefits from a 2018 estimated population demographic of 176,232 within a 5-mile radius.
- The building was built in 2006.
- The property is served by 86 asphalt parking spaces and 6 ADA spaces.
- Grapevine is located predominantly in Tarrant County and has areas that extend into Dallas and Denton counties. With its central location in the metroplex, being approximately 22 miles from downtown Dallas and Fort Worth, Grapevine is a suburb of the Dallas/Fort Worth metroplex. Dallas has become a hub for real estate and business, establishing itself as one of the largest concentrations of corporate headquarters for publicly traded companies such as American Airlines, Neiman Marcus, Kimberly-Clark, JC Penny, ExxonMobil and many others. The Dallas-Fort Worth Metroplex is the largest metropolitan area in the South and the fourth largest in the U.S.
- For more information, please contact
Mark Kilkenny
Tower Investments, LLC
250 W. Main St., Suite 101
Woodland, CA 95695
(530) 668-1000 – telephone
(530) 666-5574 – facsimile
markkilkenny@towerinv.com
www.towerinv.com
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