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

Retail center with high visibility and ample parking.

Space Size1,918 SF - 2,809 SF
Lot Size2.57 Acres
Days on Market873

Property Features for 501-511 W University Dr

General Information

Standard status Active
Size 1,918 SF - 2,809 SF
Lot size 2.57 Acres
Property subtype RETAIL

Spaces For Lease

at 501-511 W University Dr Contact us

University and Carroll Retail

Floor
1
Size
1,918 SF
Type
RETAIL
Rate
Contact for pricing
Lease Type
NNN
Availability
AVAILABLE, Now
Sublease
No
- Restaurant/Retail with University Frontage - The center will be completely updated...
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Contact us

University and Carroll Retail

Floor
1
Size
2,154 SF
Type
RETAIL
Rate
Contact for pricing
Lease Type
NNN
Availability
AVAILABLE, Now
Sublease
No
- Restaurant/Retail with University Frontage - The center will be completely updated...
show more
Contact us

University and Carroll Retail

Floor
1
Size
2,655 SF
Type
RETAIL
Rate
Contact for pricing
Lease Type
NNN
Availability
AVAILABLE, Now
Sublease
No
- Restaurant/Retail - The center will be completely updated with eye catching exterior...
show more
Contact us

University and Carroll Retail

Floor
1
Size
2,809 SF
Type
RETAIL
Rate
Contact for pricing
Lease Type
NNN
Availability
AVAILABLE, Now
Sublease
No
- Restaurant/Retail - The center will be completely updated with eye catching exterior...
show more
Contact us
Listing Agency: SVN | Verus Commercial
Listed By: Brad Tyndall · License #710763
Source: Moodyscre
Added: Apr 25, 2024 Changed: Aug 8 Last Checked: Sep 13 at 9:32AM

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

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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

1,103
Businesses Nearby
252k
Monthly Visits Nearby

Foot Traffic Nearby

Dining 39% Groceries 28% Shops & Services 27% Home Improvements & Furnishings 3%
Kroger Groceries
62,592 visits/mo 0.1 miles
McDonald's Dining
29,226 visits/mo 0.1 miles
Dollar Tree Shops & Services
25,471 visits/mo 0.4 miles
Jack in the Box Dining
13,281 visits/mo 0.1 miles
Little Caesars Pizza Dining
12,235 visits/mo 0.3 miles
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

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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