Sign Up Successful!
You now have access to more from Realmo!
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    The Largest CRE Database in the US with Over 1 Million Listings

    217 E Hickory St Denton, TX 76201

    Loading data...
    Loading data...
    Loading data...
    For Lease
    $27 SF/Yr ($12,168 /Mo)

    Second-generation restaurant space in a high-traffic Denton location.

    Property size:
    5,408 SF
    Lot size:
    5,408 SF

    Property Features for 217 E Hickory St

    General Information

    Size
    5,408 SF

    Building Details

    Year built
    2013

    We can help!

    Listing Contact
    Kris Smith
    Source: Svn

    Listing Agent: Kris Smith

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

    Learn more

    Property Insight Report

    Overview

    Denton Restaurant Opportunity

    This second-generation restaurant space is located in the heart of Denton, Texas, offering an excellent opportunity for restaurant owners. The property benefits from a high-visibility, high-traffic location, surrounded by a vibrant mix of dining, retail, and cultural attractions. The subject property is a unique historic building featuring a spacious open concept. The property includes an outdoor patio and custom bar. The space features expansive windows for natural light and open floor plans for customization. High ceilings, modern finishes, and ample parking are available. Customizable signage options are also available. The property size is 5408 square feet.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Mellow Mushroom Denton Pizza Restaurant

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Pharmacy

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

    Similar Places Nearby

    Nana's Lunch Box, Munchies Food Truck DFW, Blind Fox Denton, Euphoric Catering Denton

    Location Insight

    • Map
    • Local Demand
    City
    Denton
    County
    Denton
    State
    Texas
    Longitude
    -97.130183
    Latitude
    33.2146201

    Nearby Similar for Lease

    • $6,300 /Mo
      9,409 SF

      Denton Retail/Daycare Opportunity

      Rare MN Zoned property near downtown Denton, TX.
      516 N Locust St, Denton, TX 76201
      View Details
    • $12,900 /Mo
      110,207 SF

      Denton Warehouse with Ample Space

      Versatile commercial property with warehouse, office, and fenced yard.
      2929 Metro St, Denton, TX 76207
      View Details
    • $2,500 /Mo
      4,356 SF

      Denton Automotive Shop For Rent

      Automotive shop with grandfathered zoning in high-visibility location.
      621 S Elm St, Denton, TX 76201
      View Details
    • $16 SF/Yr
      73,616 SF

      Denton Office Space For Lease

      Office space for lease near I-35 and Hwy 380.
      3311 N I35, Denton, TX 76207
      View Details
    • $2.00 SF/Yr
      227,383 SF

      Denton Office Space for Lease

      Class A office building with geothermal heating and excellent highway visibility.
      5101 E University Dr, Denton, TX 76208
      View Details
    • $1,695 /Mo
      1,300 SF

      Denton Warehouse with Office Space

      Commercial space with office, warehouse, parking, and restroom in Denton.
      122 Daugherty St, Denton, TX 76205
      View Details
    • $3,500 /Mo
      4,182 SF

      Denton Retail/Office Shell Space

      Shell space near Denton Square, ideal for retail or office.
      311 S Locust St, Denton, TX 76201
      View Details
    • $750 /Mo
      8,189 SF

      Move-in Ready Renovated Office Building

      Renovated office building with utilities and Wi-Fi included.
      700 Londonderry Ln, Denton, TX 76205
      View Details
    • $12 SF/Yr
      33,411 SF

      Office Space in Denton, TX

      Office space available for lease in Denton, Texas.
      1716 Scripture St, Denton, TX 76201
      View Details
    • $27 SF/Yr
      29,708 SF

      New Retail Space in Denton

      Class A retail space available late 2026 in Denton.
      1402 Teasley Ln, Denton, TX 76205
      View Details
    • $18 SF/Yr
      9,963 SF

      Denton Office Space for Lease

      Modern office space with customizable floor plans and convenient amenities.
      2735 Wind River Ln, Denton, TX 76210
      View Details
    • Contact for pricing
      28,330 SF

      Denton Restaurant Space Available

      Second-generation restaurant space in downtown Denton near universities.
      608 E Hickory St, Denton, TX 76201
      View Details

    FAQs

    What type of property is this?
    Restaurant - Second-generation restaurant space in a high-traffic Denton location.
    Where is this restaurant located?
    The property is located at 217 E Hickory St Denton, TX.
    What is the lease rate?
    The lease rate is $27 SF/Yr.
    What are key features of this property?
    This property features: - High-visibility, high-traffic location in the heart of Denton, TX.; - Unique historic building with a spacious open concept.; - Enjoy the outdoor patio and custom bar.
    (214) 552-2413
    Request Owner's contact information
    217 E Hickory St Denton, TX 76201
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    217 E Hickory St
    Denton, TX 76201
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    217 E Hickory St Denton, TX 76201
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Listing Contact
    Kris Smith
    (214) 552-2413
    Learn more
    Google sign-in failed. Please try again or use another login method.