SouthState Bank NNN Dallas (d/b/a Independent Bank)

For Sale

1002 Texan Trail, Grapevine, TX 76051

This Grapevine property for sale is located at 1002 Texan Trail. The current listed sale price for SouthState Bank NNN Dallas (d/b/a Independent Bank) is $3,050,000. SouthState Bank NNN Dallas (d/b/a Independent Bank) is situated on a lot that is 1.35 acre in size.

Contacts

broker
Ronald Max

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 11, 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.

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Getting around

  • 51/100

    Walk Score ®

  • 41/100

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Location

  • City Grapevine, TX
  • Zip Code 76051
  • Market Dallas Fort Worth

Points of Interest

  • DFW Airport North

    0.74 miles

  • Grapevine-Main Street

    0.82 miles

  • Grapevine Vintage Railroad

    0.86 miles

  • B20-B49

    2.58 miles

  • DFW Airport Terminal B

    2.69 miles

  • DFW Airport Terminal A

    2.70 miles

  • B1-B19

    2.82 miles

  • A8-A21

    2.82 miles

  • A22-A39

    3.06 miles

  • D23-D40

    3.07 miles

  • Texaco

    0.14 miles

  • Tesla Supercharger

    0.16 miles

  • Chevron

    0.48 miles

  • Shell

    0.48 miles

  • QuikTrip

    1.29 miles

  • Freeman Buick GMC

    1.67 miles

  • Texas Nissan of Grapevine

    1.89 miles

  • Exxon

    1.91 miles

  • Sam's Club

    2.01 miles

  • EVgo

    2.21 miles

  • DFW Airport North Station - Park and Ride

    0.71 miles

  • Grapevine Main Street Parking Garage

    0.79 miles

  • Remote North

    1.59 miles

  • DFW North Cell Phone Lot

    1.81 miles

  • UPS Employee Parking

    1.91 miles

  • Employee Lot

    2.00 miles

  • Employee Lot - A, B, and D Gates

    2.15 miles

  • Express North - Covered

    2.16 miles

  • Express North - Uncovered

    2.18 miles

  • Mesa

    0.07 miles

  • Jr's Stone Oven Pizza

    0.16 miles

  • Chicken Express

    0.19 miles

  • Shipley Do-Nuts

    0.38 miles

  • Pizza Hut

    0.40 miles

  • Popeyes

    0.42 miles

  • Taco Casa

    0.45 miles

  • Subway

    0.55 miles

  • Bartley's BBQ

    0.55 miles

  • Whataburger

    0.57 miles

  • Farmers Market Grapevine

    0.83 miles

  • Target

    1.52 miles

  • Big Lots

    1.54 miles

  • Ross

    1.56 miles

  • Bealls

    1.59 miles

  • Tom Thumb

    1.87 miles

  • American Freight

    2.06 miles

  • Macy's

    2.10 miles

  • Saks Off 5th

    2.17 miles

  • Saks Fifth Avenue

    2.17 miles

In-Depth Research Available for this Property

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.

Contact Listing Broker
broker
Ronald Max

Keller Williams ONEChicago

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