Restaurant Space in Prime
For Sale
Contact for pricing
Pending
119 Avenue A, Denton, TX 76201
1,600 SF restaurant space for sale in Denton, TX.
Property Size1,600 SF
Days on Market100
Property Features for 119 Avenue A
General Information
Standard status
Pending
Size
1,600 SF
Property subtype
Retail
Investment Type
Owner/User
Listing Agency:
SVN VERUS Commercial
(940) 594-7717
Listed By:
Mason Shanahan · License #840750
Source:
Crexi
Added: May 15
Changed: Aug 8
Last Checked: Aug 8 at 3:05PM
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.
A 1,600 sq. ft. second-generation restaurant space is available for sale. The property is located in a prime area of Denton. Existing infrastructure includes hood systems and a commercial kitchen buildout. This space is suitable for an independent restaurant, fast casual concept, cafe, or food & beverage operator seeking a ready-to-operate location in the Denton market.
Key Highlights
- Ready‑to‑operate restaurant space eliminates costly build‑out time.
- Prime Denton location offers high visibility and accessibility.
- Existing hood systems and commercial kitchen infrastructure are already in place.
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$27,504
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
4.66%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$550,080
$550.1K
Cap Rate 7%
$392,914
$392.9K
Cap Rate 9%
$305,600
$305.6K
Market Conditions
NOI Build-Up for 1,600 SF
Vacancy — income lost from leasable area expected to sit empty during the year, subtracted from gross rent.
EGI (Effective Gross Income) — gross rent minus vacancy losses, the realistic income before paying operating costs.
OpEx (Operating Expenses) — recurring costs to operate the property (property tax, insurance, utilities, maintenance, management); excludes financing and capital improvements.
NOI (Net Operating Income) — income a property generates after operating costs but before financing and taxes.
Gross rent
$38.4K $24.00/SF
− Vacancy
−$1.7K −$1.08/SF
EGI
$36.7K $22.92/SF
− OpEx
−$9.2K −$5.73/SF
NOI
$27.5K $17.19/SF
Area
Denton, TX
Vacancy
4.50%
Lease Rate
$24.00 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$550,080
Cap Rate 7%
$392,914
Cap Rate 9%
$305,600
Alternative Uses
Best Use
Specialty Retail
$392.9K
$343.8K – $458.4K
NOI $27,504 @ 7.0% cap · market cap 4.66%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$499.9K
$437.4K – $583.2K
NOI $34,992 @ 7.0% cap · market cap 5.93%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
1,269
Businesses Nearby
23k
Monthly Visits Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Dining 61%
Shops & Services 39%
7-Eleven
Shops & Services
7,681 visits/mo
0.1 miles
Insomnia Cookies
Dining
4,697 visits/mo
0.0 miles
Jimmy John's
Dining
4,018 visits/mo
0.0 miles
D.P. Dough
Dining
3,454 visits/mo
0.0 miles
Layne's Chicken Fingers
Dining
1,855 visits/mo
0.0 miles
Demographics for 76201, TX
27,610
Population
13,087
Households
2.1
Avg Household Size
26
Median Age
46%
College-Educated
95%
High-School Grad
5.5 sq mi
ZIP Area
5,020
Density / Sq Mi
$37,863
Median Household Income
$18,308
Median Earnings
$1,128
Median Rent
$250,200
Median Home Value
Market
Vacancy Rate% for Retail in South region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Similar Off Market Nearby
- Mojo's Signature Catering — 1401 W Hickory St, Denton, TX 76201
- Verde Catering — 1155 Union Cir, Denton, TX 76203
- Munchies Food Truck DFW — 117 E Oak St, Denton, TX 76201
- Euphoric Catering Denton — 701 S Carroll Blvd #2, Denton, TX 76201
Frequently Asked Questions
What type of property is this?
Restaurant - 1,600 SF restaurant space for sale in Denton, TX.
Where is this restaurant located?
The property is located at 119 Avenue A Denton, TX.
What is the asking price?
The asking price for this property is $590,000.
What are key features of this property?
This property features: Ready‑to‑operate restaurant space eliminates costly build‑out time.; Prime Denton location offers high visibility and accessibility.; Existing hood systems and commercial kitchen infrastructure are already in place.
