1200 William D. Tate Ave, Grapevine, TX
FREESTANDING RESTAURANT REAL ESTATE
Restaurant Realty Group is pleased to offer a rare opportunity to acquire a large-format, freestanding restaurant real estate asset in Grapevine, Texas. The ±10,603 SF property is currently operating as two restaurant concepts but will be delivered vacant at closing, allowing a buyer immediate control of the real estate without assuming an ongoing business.
Situated on ±2.3 acres, the property features extensive hospitality infrastructure including multiple kitchens, bars, private dining areas, covered patios, and outdoor yard space. The scale, layout, and site coverage create a difficult-to-replicate footprint suitable for destination dining, entertainment, events, or hospitality-driven redevelopment.
The property is located along William D. Tate Avenue, just minutes from DFW International Airport and Historic Downtown Grapevine, and benefits from strong traffic counts, excellent visibility, and proximity to major hotels, tourism anchors, and corporate demand generators.
🤵 LISTING AGENT: Avery Rinn, avery@rrgcre.com, 210.204.2471
🤵 LISTING AGENT: Joshua Bell, joshua@rrgcre.com, 214.869.1997
PHOTO GALLERY
1200 William D. Tate Ave, Grapevine, TX 76051
SALE OR LEASE
SALES PRICE: $4.45M
CONDITION: Delivered Vacant
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AREA
COUNTY: Tarrant
METRO: Dallas–Fort Worth
REGION: North Texas
AREA: Grapevine
NEARBY ATTRACTIONS: Historic Downtown Grapevine, Grapevine Mills, Gaylord Texan Resort & Convention Center, Great Wolf Lodge Waterpark Resort, DFW International Airport, Lake Grapevine
LOCATION
PLAZA: None
ADDRESS: 1200 William D Tate
CITY: Grapevine
ZIP: 76051
CLASS: B
TENANTS: Ferrari’s Italian Villa, Three Barrels Beer Garden
PROPERTY
TYPE: Multi-Tenant Restaurant
SIZE: 10,603 SF
PATIO: Covered
YARD: Yes
BUILT: 2010
LAND: 2.3 Acres
ZONED: CC
TENANTS: 2
RESTAURANT 1
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ENTRY FOYER
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MULTIPLE DINING ROOMS
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PRIVATE/BANQUET ROOMS
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FULL BAR AND LOUNGE
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WINE ROOM
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LARGE CHEF'S KITCHEN
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PIZZA KITCHEN
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UPSCALE ACCENTS
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CURRENTLY OPERATING AS FERRARI'S CHOPHOUSE & ITALIAN VILLA
RESTAURANT 2
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OPEN FLOOR PLAN
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MULTIPLE DINING ROOMS
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LARGE CENTRAL BAR
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LARGE YARD
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PATIO & FIREPLACE
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PIZZA KITCHEN
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UPSCALE ACCENTS
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CURRENTLY OPERATING 3 BARRELS BEER GARDEN
GREAT USES
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UPSCALE DINING
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BANQUET CENTER
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EVENT CENTER
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REDEVELOPMENT
NOTE: BOTH THE FERRARI'S AND THE 3 BARRELS CONCEPTS ARE AVAILABLE FOR PURCHASE AT A SEPARATE PRICE
Information has been provided by the seller and is believed to be reliable but has not been independently verified. Restaurant Realty Group makes no representations or warranties as to its accuracy or completeness. Buyers should conduct their own independent due diligence.