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Restaurant/Retail Space on University Drive
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501-511 W University Dr, Denton, TX

Retail center with high visibility and ample parking.

Property Size2,154 SF
Lot Size2.57 Acres
Days on Market828

Property Features for 501-511 W University Dr

General Information

Standard status Active
Size 2,154 SF
Lot size 2.57 Acres
Property subtype RETAIL
Listing Agency: SVN | Verus Commercial
Listed By: Brad Tyndall · License #710763
Source: Moodyscre
Added: Apr 25, 2024 Changed: Jul 10 Last Checked: Jul 21 at 4:45AM

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 SVN | Verus Commercial

Investment Insights

Based on property information with market context.

This retail center, located at the corner of University Drive and Carroll Boulevard, offers a restaurant or retail opportunity with frontage on University Drive. The location benefits from high traffic volume, with over 32,000 vehicles per day, providing excellent visibility and access. The property, suitable for both restaurant and retail businesses, will be completely updated with eye-catching exterior finishes. The multi-tenant design represents a major upgrade to this prime retail corner. The available space is in shell condition, and tenant improvements are available. Ample parking is provided.

Key Highlights

  • Prime location at the corner of University Drive and Carroll Boulevard with high traffic volume (32,000 VPD).
  • Completely updated and remodeled center with new eye‑catching exterior finishes.
  • Excellent visibility and access.

Property Analytics

Current Use

Retail space

Suggested Use

Top Pick Real Estate Agency Big Box & Wholesale Store Building Supply Auto Parts Store Storage Facility Kitchen & Bath Showroom

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

101
Businesses Nearby
11k
Monthly Visits Nearby

Foot Traffic Nearby

Shops & Services 100%
Longo Toyota Of Prosper Shops & Services
5,992 visits/mo 0.4 miles
Prosper Ford Shops & Services
4,759 visits/mo 0.3 miles

Market

Vacancy Rate% for Retail in South region

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Retail space - Retail center with high visibility and ample parking.
Where is this retail space located?
The property is located at 501-511 W University Dr Denton, TX.
What are key features of this property?
This property features: Prime location at the corner of University Drive and Carroll Boulevard with high traffic volume (32,000 VPD).; Completely updated and remodeled center with new eye‑catching exterior finishes.; Excellent visibility and access.
(940) 381-2220 Call to check price and availability
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