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    400 Loop 288 N Denton, TX 76209

    For Sale
    $3,150,000

    Value-add shopping center in Denton, Texas with redevelopment potential.

    Property size:
    18,100 SF
    Lot size:
    1.09 Acres

    Property Features for 400 Loop 288 N

    General Information

    Size
    18,100 SF
    Lot size
    1.09 Acres

    Source: Sands Investment Group (SIG) | Austin Agent Cayson Willeford

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

    Overview

    Denton Value-Add Retail Opportunity

    The Market Square Shopping Center is an 18,100 square foot retail property located on North Loop 288 in Denton, Texas. This property presents a value-add opportunity within the Dallas-Fort Worth Metroplex, characterized by low in-place rent of $16.40 per square foot compared to the market rate of $20 per square foot and short-term leases. The center benefits from frontage, visibility, and access. Located at the intersection of E McKinney St and Loop 288, the area is experiencing significant retail and multi-family development. Loop 288 sees traffic counts of over 33,000 vehicles per day. The surrounding area has demographics including a population of 68,859 within a 3-mile radius and an average income of $78,388. There is an opportunity to convert tenants to NNN leases as the existing leases roll. The property has little to no deferred maintenance.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Pizza Hut Pizza Delivery Integrated Pain Relief Alternative Medicine Practitioner Farmers Insurance - Coleman ... Insurance Agency Susana Mendez Nurse Practitioner Skin Cabinet Facial Spa

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Denton
    County
    Denton
    State
    Texas
    Longitude
    -97.089923
    Latitude
    33.217692

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    FAQs

    What type of property is this?
    Strip mall - Value-add shopping center in Denton, Texas with redevelopment potential.
    Where is this strip mall located?
    The property is located at 400 Loop 288 N Denton, TX.
    What is the asking price?
    The asking price for this property is $3,150,000.
    What are key features of this property?
    This property features: - Value-add opportunity in the Dallas-Fort Worth Metroplex with low in-place rent compared to market rate and short-term leases.; - Boasts a strong traffic count of 33,000+ vehicles per day on Loop 288.; - Located in an area with good demographics: population of 68,859 within a 3-mile radius.
    (844) 474-4666
    Request Owner's contact information
    400 Loop 288 N Denton, TX 76209
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    Denton, TX 76209
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    Realmo Value Estimation

    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.

    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.

    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
    400 Loop 288 N Denton, TX 76209
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