HG Sply Co. – Trophy Club, TX

HG Sply Trophy Club, LLC
2980 TX-114 Frontage Rd, Trophy Club, TX 76262, USA

Sands Investment Group is pleased to exclusively offer for sale a 25,680 SF HG Sply Co. NNN Asset located at 2980 TX-114 Frontage Rd in Trophy Club, TX. This opportunity features a stable, long-term cash flow supported by a low-risk net lease structure, with 10% rent increases every five years that drive meaningful NOI growth and provide a strong hedge against inflation.

  • Strong Yield: Offered at $11,439,000 with a 7.00% CAP Rate, providing stable long-term cash flow in a low-risk net lease structure.
  • ~9 Years Remaining Term With Escalations & NOI Upside: 10% rent increases every 5 years drive meaningful NOI growth, providing a strong hedge against inflation.
  • Robust Demographics: Average household income exceeds $240,000 within 3 miles, placing the property in one of DFW’s most affluent submarkets.
  • Below Replacement Cost: Priced well below the estimated $15M replacement cost, with an irrevocable, city-maintained parking agreement providing over 230 additional spaces and long-term expansion potential.
  • Strong Brand Concept: Operated by HG Sply Co. / UNCO Concepts, a toptier DFW hospitality group, invested over $500K in self-funded improvements in 2021, reinforcing long-term commitment.
  • Dominant Visibility & Traffic Exposure: Direct frontage on TX 114 with exposure to more than 100,000 vehicles per day, offering unmatched visibility.
  • Strategic Location Near Major Employers & Growth: Surrounded by highincome neighborhoods and corporate anchors, including Charles Schwab, Fidelity, TD Ameritrade, Verizon, and UPS, ensuring consistent day and evening demand.

 

In Cooperation With Sands Investment Group Austin, LLC – Lic. #9004706 BoR: Max Freedman – Lic. TX #644481

HG Sply Trophy Club, LLC
2980 TX-114 Frontage Rd, Trophy Club, TX 76262, USA

HG SPLY CO.

HG Sply Co. is an innovative restaurant and lifestyle brand that has gained recognition for its commitment to offering wholesome, nourishing food without sacrificing flavor. With a focus on providing sustainable, locally sourced ingredients, HG Sply Co. has created a unique dining experience that caters to health-conscious individuals who appreciate quality, transparency, and conscious living. Founded by a group of passionate food enthusiasts, HG Sply Co. set out to revolutionize the restaurant industry by combining clean eating with exceptional taste. The menu at HG Sply Co. reflects a commitment to vibrant, nutrient-rich ingredients that are sourced locally and responsibly. It offers a range of options to suit various dietary preferences, including vegetarian, vegan, and gluten-free choices. One of the signature features of HG Sply Co. is its commitment to utilizing natural, unprocessed ingredients. The restaurant collaborates closely with local farmers, ranchers, and artisans to source the freshest produce, grass-fed meats, and sustainably caught seafood.

Price

$11,439,000

Cap Rate

7.00%

PREMISES

25,680 SF

RENEWAL OPTIONS

One (1) Five (5) Year Option to Renew

Lease Expiration

07/31/2034

Lease Type

NN

RENTAL INCREASES

Current: 8/1/24 - 7/31/29 $800,783 8/1/29 - 7/31/34 $880,812 Option 1: 8/1/34 - 7/31/39 FMV

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