Contacts

Keller Williams ONEChicago
Property Details
- Property Type Retail
- Lot Size 1.35 Acre
- # of Floors 1
- Property Tenancy Single Tenant
- Building Class A
- Year Built 2008
- Date Updated Jun 8, 2025
This is an opportunity to invest in a long term, single tenant bank property offering a solid return that is both recession resistant and an inflation hedge The building was constructed in 2008 on a 1.35-acre site located in highly desirable area of Grapevine, a suburb of income tax free Dallas, TX. The property is 100% leased to SouthState Bank (NYSE: SSB), d/b/a Independent Bank on an absolute NNN ground lease with approximately 13 years remaining and 10% rent increases every 5 years. SouthState and Independent bank recently merged with SouthState assuming all liabilities and obgligations of Independent Bank. The combined bank have approximatley $65 billion in assets. SouthState Corporation reports a Moody's investment grade credit rating of Baa3 and a Kroll Bond Rating of BBB+. The property has been well maintained with no deferred maintenance.
Reach out to the broker for more info on lease terms and amenities
Getting around
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Walk Score ®
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Bike Score ®
Location
- City Grapevine, TX
- Zip Code 76051
- Market Dallas Fort Worth
Points of Interest
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DFW Airport North
0.74 miles
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Grapevine-Main Street
0.82 miles
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Grapevine Vintage Railroad
0.86 miles
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B20-B49
2.58 miles
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DFW Airport Terminal B
2.69 miles
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DFW Airport Terminal A
2.70 miles
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B1-B19
2.82 miles
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A8-A21
2.82 miles
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A22-A39
3.06 miles
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D23-D40
3.07 miles
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Texaco
0.14 miles
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Tesla Supercharger
0.16 miles
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Chevron
0.48 miles
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Shell
0.48 miles
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QuikTrip
1.29 miles
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Freeman Buick GMC
1.67 miles
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Texas Nissan of Grapevine
1.89 miles
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Exxon
1.91 miles
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Sam's Club
2.01 miles
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EVgo
2.21 miles
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DFW Airport North Station - Park and Ride
0.71 miles
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Grapevine Main Street Parking Garage
0.79 miles
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Remote North
1.59 miles
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DFW North Cell Phone Lot
1.81 miles
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UPS Employee Parking
1.91 miles
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Employee Lot
2.00 miles
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Employee Lot - A, B, and D Gates
2.15 miles
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Express North - Covered
2.16 miles
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Express North - Uncovered
2.18 miles
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Mesa
0.07 miles
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Jr's Stone Oven Pizza
0.16 miles
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Chicken Express
0.19 miles
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Shipley Do-Nuts
0.38 miles
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Pizza Hut
0.40 miles
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Popeyes
0.42 miles
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Taco Casa
0.45 miles
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Subway
0.55 miles
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Bartley's BBQ
0.55 miles
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Whataburger
0.57 miles
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Farmers Market Grapevine
0.83 miles
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Target
1.52 miles
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Big Lots
1.54 miles
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Ross
1.56 miles
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Bealls
1.59 miles
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Tom Thumb
1.87 miles
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American Freight
2.06 miles
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Macy's
2.10 miles
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Saks Off 5th
2.17 miles
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Saks Fifth Avenue
2.17 miles
Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.

Keller Williams ONEChicago