Versatile Office Building Zoned
For Sale
Contact for pricing
1156 N Bonnie Brae St, Denton, TX 76201
Built in 2001, this 5,986 SF office building offers a versatile layout and is zoned R7.
Property Size5,896 SF
Price / SF$195.05
Days on Market480
Property Features for 1156 N Bonnie Brae St
General Information
Standard status
Active
Size
5,896 SF
Property subtype
OFFICE
Zoning
R7
Building Details
Year Built
2001
Listing Agency:
SVN | Verus Commercial
(940) 381-2220
Listed By:
Bryson Hudgens · License #827964
(940) 435-9994
Source:
Moodyscre
Added: Jul 7, 2025
Changed: Oct 25
Last Checked: Oct 28 at 12:36PM
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 SVN | Verus Commercial
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Investment Insights
Based on property information with market context.
This for-sale office building was built in 2001 and totals 5,986 square feet. The property is described as meticulously maintained and features a versatile layout intended to accommodate a range of business needs, along with “modern amenities” as noted in the listing.
The building is located at 1156 N Bonnie Brae St in Denton, Texas, and it is zoned R7. The listing highlights the potential for office-related development and expansion tied to the property’s zoning, with an emphasis on its ability to serve evolving office tenant requirements.
Overall, this is a maintained, purpose-oriented office asset with a flexible internal layout and an R7 zoning designation, offered for sale as a 5,986-square-foot building.
The building is located at 1156 N Bonnie Brae St in Denton, Texas, and it is zoned R7. The listing highlights the potential for office-related development and expansion tied to the property’s zoning, with an emphasis on its ability to serve evolving office tenant requirements.
Overall, this is a maintained, purpose-oriented office asset with a flexible internal layout and an R7 zoning designation, offered for sale as a 5,986-square-foot building.
Key Highlights
- 5,986 SF office building in the Denton area
- Built in 2001
- Zoned R7
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$92,530
Cap Rate
8.05%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,850,600
$1.9M
Cap Rate 7%
$1,321,857
$1.3M
Cap Rate 9%
$1,028,111
$1.0M
Market Conditions
NOI Build-Up for 5,896 SF
Gross rent
$159.2K $27.00/SF
− Vacancy
−$35.8K −$6.08/SF
EGI
$123.4K $20.93/SF
− OpEx
−$30.8K −$5.23/SF
NOI
$92.5K $15.69/SF
Area
Denton, TX
Vacancy
22.50%
Lease Rate
$27.00 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,850,600
Cap Rate 7%
$1,321,857
Cap Rate 9%
$1,028,111
Alternative Uses
Best Use
Office B
$1.32M
$1.16M – $1.54M
NOI $92,530 @ 7.0% cap · market cap 8.05%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.84M
$1.61M – $2.15M
NOI $128,947 @ 7.0% cap · market cap 11.21%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Location Intelligence
Trade Area within ½ mile
854
Businesses Nearby
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Business Placement
Demographics for 76201, TX
27,610
Population
13,087
Households
2.1
Avg Household Size
26
Median Age
46%
College-Educated
95%
High-School Grad
5.5 sq mi
ZIP Area
5,020
Density / Sq Mi
$37,863
Median Household Income
$18,308
Median Earnings
$1,128
Median Rent
$250,200
Median Home Value
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Market
Vacancy Rate% for Office in South region
Frequently Asked Questions
What type of property is this?
Office building - Built in 2001, this 5,986 SF office building offers a versatile layout and is zoned R7.
Where is this office building located?
The property is located at 1156 N Bonnie Brae St Denton, TX.
What is the asking price?
The asking price for this property is $1,150,000.
What are key features of this property?
This property features: 5,986 SF office building in the Denton area; Built in 2001; Zoned R7
