101, 200, and 300 n. Rogers Rd Irving TX

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🏗 The Retreat at the 19th Hole — Irving, TX

A Hospitality-Driven Wellness Destination with Built-In Equity and Immediate Revenue

Gordon Cooper Real Estate Partners (GCREP) is acquiring and repositioning an 8-acre (346,382 SF) hospitality and wellness campus in Irving, TX. The site spans three contiguous parcels and over 70,390 SF of enclosed buildings, with ~28,000 SF of improved outdoor space primed for future enclosure and conversion to income-generating uses.

🔎 Campus Overview

  • Main Venue (101 N Rogers Rd): 66,350 SF on 4.815 acres

  • Executive Office (300 N Rogers Rd): 4,040 SF on 0.41 acres

  • Commercial Land (200 N Rogers Rd): 2.73 acres (vacant)

  • Outdoor Amenity Zones: ~28K SF of improved hardscape (to be enclosed)

  • Fully Operational 30,000+ SF Event Center

  • 4,000+ SF Restaurant + Commercial Kitchen with $1.2M+ in FF&E

  • Heavy equipment assets: RV, skid steer, scissor lift, trailers, mini-excavator

The previous operator underutilized over 60% of the site. GCREP will unlock new income streams by branding, optimizing, and eventually enclosing outdoor areas into usable indoor square footage.

🔑 Our Edge

Execution Team:

  • GCREP – master planning, capital strategy, and sponsor

  • Apex Genesis – licensed GC, internal construction delivery

  • Eloquent Hospitality – experienced operator of high-volume F&B venues

Rollout & Activation Plan:

  • Restaurant (event center) generates revenue on Day One

  • Sub-brands will be delivered in phased build-out:

    • Cart Girl Social (golf-themed F&B)

    • The Next Hole (golf sim facility)

    • Par & Ash (speakeasy cigar lounge)

    • Fore Wellness (spa & wellness)

    • The Courts at the Retreat (Pickleball and wellness)

  • Partnerships secured with:

    • Invited Clubs (ClubCorp)

    • NFL alumni + influencer activations

    • Local institutions for programming, memberships, and public health events

  • Enclosure of the 28,000 SF rear outdoor area to create climate-controlled, income-generating space — expanding the usable footprint and long-term asset value.

🧮 Financial Highlights

Ultra-Low LTV

At 44% LTV on a $27.7M stabilized valuation,

the project positions the lender with

exceptional collateral coverage

and minimal downside risk.

Massive Built-In Equity

$15.5M of equity is locked in at stabilization, demonstrating strong arbitrage and value-creation.

Strong Cash Flow

The 5-year lease profit delivers $4.6M in predictable, contract-backed income.

Total 5-Year Return

Combining equity capture and operating return, the project produces $28.5M+ in total upside over 5 years.

🏁 Exit Strategy

GCREP will execute a 6–18 month refinance via SBA or conventional debt backed by strong collateral, existing cash flow, and stabilized NOI.

  • Immediate income from event center and F&B

  • No permitting or TI delays for core operations

  • Construction already scoped and priced — led by in-house GC

  • Future upside from planned enclosure of outdoor space

Metric Value
Total Project Cost $12.2M
As-Is Valuation $17M
Stabilized Value $27.7M (7% Cap)
As-Complete LTV 44.0%
Built-In Equity $15.5M+
5-Year Lease Profit $4.6M
Total 5-Year Return $28.5M+
Lender summary
Pro Forma

Pictures of the interior of the property