Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    7160 Justin Rd Argyle, TX 76226

    Loading data...
    Loading data...
    Loading data...
    For Lease
    Contact for pricing

    Highly visible retail space with drive-thru in Lantana, Texas.

    Property size:
    10,384 SF
    Lot size:
    10,384 SF

    Property Features for 7160 Justin Rd

    General Information

    Size
    10,384 SF

    We can help!

    Listing Contact
    Brad Tyndall
    Source: Svn

    Listing Agent: Brad Tyndall

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

    Learn more

    Property Insight Report

    Overview

    Lantana Retail Space For Lease

    Available for lease is a highly visible retail space located along Justin Road in Lantana. The space offers flexible options ranging from 1,200 to 2,800 square feet. This location is situated in a high-traffic corridor, surrounded by residential communities. The multi-tenant retail center benefits from its location at a signalized intersection, providing accessibility. The property has visibility from FM 407/Justin Road, which sees over 31,000 vehicles per day. Neighboring businesses include CVS, Kwik Kar, Sonic, Pizza Hut, and Anytime Fitness within the center. The space is suitable for a quick-serve or fast-casual restaurant concept, featuring a drive-thru and an existing grease trap.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Anytime Fitness Gym Lash Girls Beauty Salon CD Salon Suites Beauty Salon Serenity Skin Studio Spa Cultivardry Water Damage ... Water Damage Restoration Service

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Argyle
    County
    Denton
    State
    Texas
    Longitude
    -97.123559
    Latitude
    33.073053

    Nearby Similar for Lease

    • $2,999 /Mo
      15,499 SF

      Argyle Retail/Office/Warehouse Space For Lease

      Gated lot near Flower Mound & Argyle, TX, suitable for various uses.
      409 Copper Canyon Rd, Argyle, TX 76226
      View Details
    • $8,800 /Mo
      30,492 SF

      Office Space in Argyle, TX

      Office space available for lease in Argyle, Texas.
      811a Stonecrest Rd, Argyle, TX 76226
      View Details
    • $6,000 /Mo
      69,435 SF

      New Retail and Office Space

      New 28,000 SF modern building with office, medical, restaurant, gym.
      8595 Highway 377, Argyle, TX 76226
      View Details
    • $5,000 /Mo
      69,435 SF

      New Commercial Space in Argyle

      New commercial space in Argyle, TX, suitable for various businesses.
      8595 Highway 377, Argyle, TX 76226
      View Details
    • $15 SF/Yr
      53,200 SF

      Argyle Flex Space For Lease

      Flex space in Argyle Business Center with versatile layout.
      2126 Hamilton Rd, Argyle, TX 76226
      View Details
    • Contact for pricing
      24,000 SF

      Northlake Acres Industrial Flex

      Argyle, TX Flex Space Available
      7515 Faught Rd, Argyle, TX 76226
      View Details
    • $14 SF/Yr
      2,700 SF

      Attractive Office Building Near I-35E

      Stone and brick office building with easy access to major roadways.
      3327 Colorado Blvd, Argyle, TX
      View Details
    • Contact for pricing
      1,800 SF

      Retail Space Near University Campus

      1800 SF retail space near the University of North Texas.
      1507 W Oak St, Argyle, TX
      View Details
    • $11 SF/Yr
      3,750 SF

      Industrial Flex Space Available

      Industrial flex space for rent with no zoning restrictions.
      979 Stonecrest Rd, Argyle, TX 76226
      View Details
    • Contact for pricing
      6,000 SF

      Industrial Building with Yard in Argyle

      Industrial building with yard, expansion potential, easy highway access.
      1315 Stonecrest Rd, Argyle, TX 76226
      View Details
    • $19 SF/Yr
      7,000 SF

      Flex Space Available For Rent

      Flex space featuring creative finish outs and grade-level doors.
      2126 Hamilton Dr, Argyle, TX 76226
      View Details
    • $18 SF/Yr
      1,400 SF

      Argyle Flex Space For Rent

      Flex space available for lease in Argyle, Texas.
      2142 Hamilton Rd, Argyle, TX
      View Details

    FAQs

    What type of property is this?
    Drive through restaurant - Highly visible retail space with drive-thru in Lantana, Texas.
    Where is this drive through restaurant located?
    The property is located at 7160 Justin Rd Argyle, TX.
    What are key features of this property?
    This property features: - High-traffic location on Justin Rd with over 31,000 VPD.; - Drive-thru and existing grease trap, ideal for restaurant use.; - Excellent visibility from FM 407/Justin Road.
    (682) 553-3766
    Request Owner's contact information
    7160 Justin Rd Argyle, TX 76226
    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.
    7160 Justin Rd
    Argyle, TX 76226
    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
    7160 Justin Rd Argyle, TX 76226
    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
    Brad Tyndall
    (682) 553-3766
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.