Corner Restaurant
For Sale
$625,000
119 Avenue A, Denton, TX 76201
Standalone corner property across from the University of North Texas with on-site parking.
Property Size1,600 SF
Price / SF$390.63
Days on Market48
Property Features for 119 Avenue A
General Information
Standard status
Active
Size
1,600 SF
Additional Details
Corner Location
Yes
Amenities
on-site parking
Building Details
Year Built
1940
Buildings
1
Listing Agency:
eXp Realty LLC
Listed By:
Marisa Garza · License #0751211
(512) 699-4330
Source:
Thecamigroup
Added: Sep 15
Changed: Oct 25
Last Checked: Oct 7 at 5:06PM
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 eXp Realty LLC
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Investment Insights
Based on property information with market context.
This 1,600-square-foot corner restaurant building at 119 Avenue A dates to 1940 and includes on-site parking. The property was formerly occupied by Brooklyn Dogs and is offered for sale.
Located directly across from the University of North Texas in Denton, the building benefits from a setting serving university-oriented commercial demand. Its existing restaurant configuration may also suit café, quick-service, or retail use, as supported by the prior occupancy and property classification.
Located directly across from the University of North Texas in Denton, the building benefits from a setting serving university-oriented commercial demand. Its existing restaurant configuration may also suit café, quick-service, or retail use, as supported by the prior occupancy and property classification.
Key Highlights
- 1,600 SF corner restaurant building
- Directly across from the University of North Texas
- On‑site parking included
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$27,504
Cap Rate
4.40%
Suggested Prices Based on Cap Rates
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
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 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 4.40%
Second Best
Retail
$334.8K
$293.0K – $390.7K
NOI $23,439 @ 7.0% cap · market cap 3.75%
Theoretical Best
Office A
$499.9K
$437.4K – $583.2K
NOI $34,992 @ 7.0% cap · market cap 5.60%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
1,269
Businesses Nearby
23k
Monthly Visits Nearby
Under-served
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
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
Frequently Asked Questions
What type of property is this?
Conventional restaurant - Standalone corner property across from the University of North Texas with on-site parking.
Where is this conventional restaurant located?
The property is located at 119 Avenue A Denton, TX.
What is the asking price?
The asking price for this property is $625,000.
What are key features of this property?
This property features: 1,600 SF corner restaurant building; Directly across from the University of North Texas; On‑site parking included
