Register to Bid and Access Due Diligence Documents on RealINSIGHT Marketplace AUCTION SITE: https://rimarketplace.com/auction/2319/reit-sale-former-boston-market-43k-vpd-dallas-msa-drive-thru?utm_source=costar Marcus & Millichap and RI Marketplace are pleased to present a vacant, free-standing retail building located at 494 Grapevine Highway in Hurst, TX 76054 (the “Property”). Formerly occupied by Boston Market, the Property is being offered significantly below replacement cost, presenting an exceptional opportunity for investors to acquire a highly visible and strategically positioned asset with substantial value-add potential. Built in 1994, the Property consists of a one-story, free-standing building containing ±2,988 square feet, featuring a drive-thru and positioned on a ±0.719-acre parcel. The site includes 54 surface parking spaces and boasts dual frontage/visibility along Grapevine Highway/Texas State Highway 26 and Mid Cities Boulevard, with multiple ingress/egress points enhancing accessibility. Zoned GB, General Business, the Property offers favorable zoning flexibility for a variety of uses. This former Boston Market site provides an outstanding opportunity for investors to capitalize on strong market fundamentals, with potential for value-add through long-term lease-up at market rates (CoStar estimates retail rents at ±$20–$25/SF). Strategically located in Hurst, TX, a thriving city within Tarrant County, the Property lies at the center of the Dallas-Fort Worth MSA, supported by robust economic and demographic drivers. The Property benefits from high visibility and accessibility along Grapevine Highway (±29,595 VPD in 2022) and Mid Cities Boulevard (±13,450 VPD in 2022). Regional connectivity is further enhanced by its proximity to Highway 121 (±163,045 VPD), a critical commuter route into the heart of Downtown Dallas. The immediate trade area features premium big-box retailers, including Walmart Supercenter, Lowe’s Home Improvement, and Target, which significantly increase consumer traffic and promote crossover exposure for the Property. Other nearby national tenants in the market include Sprouts, Kroger, Harbor Freight Tools, Dollar Tree, Planet Fitness, Ollie’s Bargain Outlet, ALDI, and McDonald’s further amplifying the draw of the area. Within a 2-mile radius of the Property, schools such as Bell High School, Hurst Junior High, Hurst Hills Elementary, and Grapevine-Colleyville Collegiate Academy collectively serve over 4,175 students; and Tarrant County College’s Northeast Campus contributing to increased traffic and activity in the immediate area. The Property also benefits from a strong residential base, with several nearby apartment communities and a 5-mile trade area that is home to over 280k residents with an affluent average household income of $138,107, further enhancing the area’s retail potential. With its central location, strong demand drivers, and excellent connectivity, the Property is well-positioned to capitalize on the continued economic growth of Hurst and the Dallas-Fort Worth Metroplex. Lamar P. Fisher Fisher Auction Company Inc. License: 10344