400 N Loop 288 Denton, TX
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Value-add shopping center in Denton, Texas with redevelopment potential.
Type:RETAIL
Property size:
18,100 SFLot size:
1.09 AcresPrice / SF:
$174/SF- Added:
- Apr 8, 2025
- Days on Market:
- 382
- Last Refresh:
- Apr 5 at 9:50 pm
Property Features for 400 N Loop 288
General Information
- Standard status
- Active
- Size
- 18,100 SF
- Lot size
- 1.09 Acres
- Property subtype
- RETAIL
Listing agent Cayson Willeford
Listing office Sands Investment Group (SIG) | Austin (844) 474-4666
Listing date Apr 8, 2025
Source Moodyscre
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 Sands Investment Group (SIG) | Austin
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
Take-out & Catering
Integrated Pain Relief
Alternative Medicine Practice
Farmers Insurance - Coleman ...
Insurance Agency
Susana Mendez
Physician
Skin Cabinet
Spa & Massage Center
Location Insight
- Map
- Local Demand
- City
- Denton
- County
- Denton
- State
- Texas
- Longitude
- -97.0899
- Latitude
- 33.2177
Nearby Similar for Sale
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 N Loop 288 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.
