Tradecor Sells Retail Properties In Grapevine With Brokers Bill Asher Jeff Lefko Garrett Wood

The property asset involved in this transaction includes two new single-tenant drive-thru properties, located at 480 West State Highway 114 and 460 West State Highway 114, Grapevine. The total square footage of the retail properties is 8,639, consisting of a smaller space of 2,389 square feet leased to Son of a Butcher under a 15-year NNN agreement and a larger space of 6,250 square feet leased to Portillo’s for 10.5 years under a NNN agreement.

Summary of transaction details:

• Property Type: Retail
• Transaction Amount: Not specified
• Asset Address: 480 West State Highway 114 & 460 West State Highway 114
• Market: Grapevine
• Seller: Tradecor
• Brokers: Bill Asher, Jeff Lefko & Garrett Wood - Hanley Investment Group

Bill Asher and Jeff Lefko represented the seller, Tradecor, while Garrett Wood was responsible for representing the buyer in this transaction. The deal was arranged off-market by Hanley Investment Group.