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1200 William D. Tate Ave, Grapevine, TX

OFFERED FOR SALE AT $4.45M

Restaurant Realty Group is pleased to offer this rare opportunity to purchase a premier second-generation two-tenant restaurant property in Grapevine, Texas. Currently home to Ferrari’s Italian Villa & Chop House and 3 Barrels Beer Garden, the property will be delivered vacant—making it ideal for an owner-operator or investor seeking a high-profile location in one of the most desirable markets in the Dallas/Fort Worth Metroplex.

Located on William D. Tate Avenue, just minutes from DFW International Airport and Historic Downtown Grapevine, the property benefits from exceptional visibility, strong traffic counts, and proximity to national retailers, hotels, and corporate offices.

🤵 LISTING AGENT: Avery Rinn, avery@rrgcre.com, 210.204.2471

🤵 LISTING AGENT: Joshua Bell, joshua@rrgcre.com, 214.869.1997

PHOTO GALLERY

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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

  • ​ENTRY FOYER

  • MULTIPLE DINING ROOMS

  • PRIVATE/BANQUET ROOMS

  • FULL BAR AND LOUNGE

  • WINE ROOM

  • LARGE CHEF'S KITCHEN

  • PIZZA KITCHEN

  • UPSCALE ACCENTS

  • CURRENTLY OPERATING AS FERRARI'S CHOPHOUSE & ITALIAN VILLA

RESTAURANT 2

  • ​OPEN FLOOR PLAN

  • MULTIPLE DINING ROOMS

  • LARGE CENTRAL BAR

  • LARGE YARD

  • PATIO & FIREPLACE

  • PIZZA KITCHEN

  • UPSCALE ACCENTS

  • CURRENTLY OPERATING 3 BARRELS BEER GARDEN

GREAT USES

  • ​UPSCALE DINING

  • BANQUET CENTER

  • EVENT CENTER

  • REDEVELOPMENT

NOTE: BOTH THE FERRARI'S AND THE 3 BARRELS CONCEPTS ARE AVAILABLE FOR PURCHASE AT A SEPARATE PRICE

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The information in this listing has been provided by the business seller or their representatives. Restaurant Realty Group has not independently verified the accuracy or completeness of this information, including details about the business, its lease, or its location, and assumes no responsibility for any errors or omissions. Buyers are strongly encouraged to conduct their own due diligence and consult with an attorney and a CPA when evaluating any business or business assets for purchase

IMPORTANT NOTICE

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