Prosperity Bank (Affluent North DFW Suburb)

Offered for sale is an Absolute Net lease Prosperity Bank in Grapevine, TX. The property consists of a 3,708-square-foot, freestanding building that sits on approximately 0.94 acres of land. There are 1.6 years remaining on the lease. The tenant is responsible for roof and structure, and the lease runs through June 25, 2028 at $212,960 in annual rent. The branch opened as LegacyTexas Bank and converted to Prosperity Bank after the 2019 merger. The site sits at the State Highway 114 frontage road and Park Boulevard (15,295 VPD), with East Southlake Boulevard (29,253 VPD) to the north. Highway 114 provides direct access to DFW International Airport and Southlake.