CVS Drug
For Sale
Contact for pricing
Pending
116 W University Dr, Denton, TX 76201
Absolute NNN lease with a long remaining primary term and four renewal options.
Property SizeContact for details
Days on Market144
Property Features for 116 W University Dr
General Information
Standard status
Pending
Property subtype
Retail
Building Details
Tenancy
Single
Listing Agency:
Mathias Partners
(512) 637-6953
Listed By:
Jerry Smith · License #TX 458413
Source:
Crexi
Added: Apr 12
Changed: Aug 30
Last Checked: Sep 1 at 7:50AM
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 Mathias Partners
Investment Insights
Based on property information with market context.
This Denton property is associated with a CVS drug store and is offered with an absolute NNN lease structure. The primary lease term has 14+ years remaining, followed by four five-year renewal options.
The property is located at 116 W University Dr in Denton, Texas, across from Texas Woman’s University, which has an enrollment of over 16,000 students. The University of North Texas is less than 2 miles away and reports enrollment of over 38,000 students. The site is described as a high-traffic location near these two higher-education institutions.
The property is located at 116 W University Dr in Denton, Texas, across from Texas Woman’s University, which has an enrollment of over 16,000 students. The University of North Texas is less than 2 miles away and reports enrollment of over 38,000 students. The site is described as a high-traffic location near these two higher-education institutions.
Key Highlights
- Absolute NNN lease structure
- 14+ years remaining on the primary term
- Four five‑year renewal options
Property Analytics
Property Profile
Current Use
Lease Details
Single-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
1,016
Businesses Nearby
207k
Monthly Visits Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Dining 43%
Groceries 35%
Shops & Services 19%
Electronics 2%
Kroger
Groceries
62,592 visits/mo
0.3 miles
McDonald's
Dining
29,226 visits/mo
0.1 miles
Jack in the Box
Dining
13,281 visits/mo
0.2 miles
Little Caesars Pizza
Dining
12,235 visits/mo
0.5 miles
Wells Fargo
Shops & Services
11,068 visits/mo
0.4 miles
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
Market
Vacancy Rate% for Retail in South region
Questions? Ask Rey
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Similar Off Market Nearby
- The Filling Station, LLC — 725 n elm st ste. 24, denton, tx 76201
- Richard Rayl — 824 W University Dr, Denton, TX 762011846
- Kroger Pharmacy — 500 W University Dr, Denton, TX 76201
- Artisan Vapor & CBD Denton | Vape Shop | Smoke Shop | Delta 8 THC | THCA | Geek Bar | Hometown Hero | 3Chi | Kratom — 413 W University Dr, Denton, TX 76201
- Timothy Lamb — 500 W University Dr, Denton, TX 762011844
Frequently Asked Questions
What type of property is this?
Drug store - Absolute NNN lease with a long remaining primary term and four renewal options.
Where is this drug store located?
The property is located at 116 W University Dr Denton, TX.
What are key features of this property?
This property features: Absolute NNN lease structure; 14+ years remaining on the primary term; Four five‑year renewal options
