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    Retail/Office/Industrial Building For Sale Title is generated by Realmo AI

    1131 Fort Worth Dr, Denton, TX

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    Retail/Office/Industrial building on Fort Worth Dr. with high traffic.

    Type:RETAIL
    Property size:
    9,812 SF
    Lot size:
    0.68 Acres
    Price / SF:
    $224/SF
    Added:
    Sep 10, 2025
    Days on Market:
    275
    Last Refresh:
    May 20 at 8:41 pm

    Property Features for 1131 Fort Worth Dr

    General Information

    Standard status
    Active
    Size
    9,812 SF
    Lot size
    0.68 Acres
    Property subtype
    RETAIL

    Properties For Sale

    at 1131 Fort Worth Dr Contact us

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    Listing Contact
    Jim Hanking
    Jim Hanking

    Listing agent Jim Hanking License #0543503

    Listing office Stag Commercial

    Listing date Sep 10, 2025

    Source Moodyscre

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    All listing content including descriptions, pricing, images are the copyrighted material of Stag Commercial

    HighLights

    • High traffic location on Forth Worth Dr. (Hwy 377) with over 21,000 vehicles per day.
    • Versatile building suitable for retail, office, or industrial use.
    • Seller to lease +/- 5,000 SF with a 5‑year lease and two 5‑year options.
    • Potential for negotiable rent with the seller as a tenant.
    • Investment opportunity with existing tenant.
    • Located on a busy section of Forth Worth Dr.

    Overview

    This retail, office, and industrial building is located on a busy section of Fort Worth Drive (Highway 377), which experiences over 21,000 vehicles per day. The property offers a wide variety of retail and office uses. The building has a property size of 9,812 square feet. The sale is contingent on the seller leasing the currently occupied +/- 5,000 square feet. The seller will sign a 5-year lease with 2 five-year options to remain at a negotiable rent.

    Local Financial Insights For Office B

    Simulate Cap Rate and NOI

    NOI Build-Up
    Vacancy
    income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
    EGI (Effective Gross Income)
    gross rent minus vacancy losses — the realistic income before paying operating costs.
    OpEx (Operating Expenses)
    recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
    NOI (Net Operating Income)
    income a property generates after operating costs but before financing and taxes.

    Component $ $/SF
    Gross rent $264.9k $27.00
    − Vacancy −$59.6k −$6.08
    EGI $205.3k $20.93
    − OpEx −$51.3k −$5.23
    NOI $154.0k $15.69
    9,812 SF · lease $27.00/SF/yr · vacancy 22.50% · expense 25.00%

    Alternative Uses

    Best Use
    Office B
    $2.20M
    $1.92M – $2.57M (±1% cap)
    NOI $153,987 @ 7.0% cap · market cap 7.00%
    Second Best
    Retail
    $2.05M
    $1.80M – $2.40M (±1% cap)
    NOI $143,741 @ 7.0% cap · market cap 6.53%
    Theoretical Best
    Office A
    $3.07M
    $2.68M – $3.58M (±1% cap)
    NOI $214,591 @ 7.0% cap · market cap 9.75%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    ATM Atm SMOKE N VAPE (Bike/Boat/Book/etc) Store Condom Sensation Denton (Bike/Boat/Book/etc) Store

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Spa & Massage Center Dental Office Big Box & Wholesale Store Hair Salon Auto Repair Shop Nail Salon

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Denton
    County
    Denton
    State
    Texas
    Longitude
    -97.1396
    Latitude
    33.1925

    FAQs

    What type of property is this?
    Retail space - Retail/Office/Industrial building on Fort Worth Dr. with high traffic.
    Where is this retail space located?
    The property is located at 1131 Fort Worth Dr Denton, TX.
    What is the asking price?
    The asking price for this property is $2,200,000.
    What are key features of this property?
    This property features: High traffic location on Forth Worth Dr. (Hwy 377) with over 21,000 vehicles per day.; Versatile building suitable for retail, office, or industrial use.; Seller to lease +/- 5,000 SF with a 5‑year lease and two 5‑year options.
    (972) 345-0609 Call to check price and availability
    More about this property
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