Sign Up Successful!
You now have access to more from Realmo!
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    2965 Fm 1385 Aubrey, TX 76227

    Loading data...
    Loading data...
    Loading data...
    For Lease
    Contact for pricing

    Retail spaces available in Aubrey, TX, estimated delivery Summer 2023.

    Property size:
    2,551 SF
    Lot size:
    2.00 Acres

    Property Features for 2965 Fm 1385

    General Information

    Size
    2,551 SF
    Lot size
    2.00 Acres

    We can help!

    Listing Contact
    Scott Rodgers
    Source: Moodyscre

    Listing Agent: Scott Rodgers

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Overview

    Retail Strip Center Space Available

    This retail strip center, located at the southwest quadrant of FM-1385 and Bryan Rd/Frontier Pkwy, offers spaces for rent. The property has a total size of 2,551 square feet. Available spaces range from 1,066 square feet to 2,842 square feet. An endcap with drive-thru access is available. The retail strip is located adjacent to Aubrey Montessori School. Current tenants include Fossil Creek Liquor and Sugar Boy. The estimated delivery date for the space is Summer 2023.
    Location Intelligence

    Current Use by Public Records

    Desi Chowrastha - Groceries,Halal ... Grocery Store Hashtag India Modern Indian Restaurant Fossil Creek Liquor Liquor Store Sugar Boy Donuts Donut Shop

    Suggested Use

    Restaurant Realty agency Building Supply Wholesale Shop Auto Repair Shop Hotel & Motel Pharmacy Gym & Fitness Hair Salon Kitchen & Bath

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Aubrey
    County
    Denton
    State
    Texas
    Longitude
    -96.894281
    Latitude
    33.251999

    Nearby Similar for Lease

    • $10,500 /Mo
      6,304 SF

      Equestrian Ranch on 23 Acres

      Luxury equestrian ranch in Aubrey, Texas, with extensive facilities.
      2108 W Sherman Dr, Aubrey, TX 76227
      View Details
    • $5,376 /Mo
      34,848 SF

      Aubrey Retail Space on US 380

      Second generation retail space with high visibility on US 380.
      26785 E University Dr, Aubrey, TX 76227
      View Details
    • $900 /Mo
      30,405 SF

      Office and Retail Space Available

      Office and retail space for lease with highway frontage.
      8300 Us Highway 380, Aubrey, TX 76227
      View Details
    • $2,250 /Mo
      166,704 SF

      Krugerville Warehouse Space For Lease

      Premier business park with versatile spaces for lease in Krugerville.
      8587 Stewart Rd, Aubrey, TX 76227
      View Details
    • $17 SF/Yr
      197,545 SF

      Versatile Office and Warehouse Property

      Move-in ready office and warehouse spaces with flexible layouts.
      1510 Navo Rd, Aubrey, TX 76227
      View Details
    • $52,500
      33,672 SF

      New Retail Space on Highway

      New retail suites available for lease on busy Highway 377.
      501 Pine Ridge Dr, Aubrey, TX 76227
      View Details
    • New
      $12 SF/Yr
      6,000 SF

      New Warehouse in Aubrey, TX

      Newly-built 3,000 SF warehouse for lease with parking.
      134 Industrial Park, Aubrey, TX 76227
      View Details
    • Contact for pricing
      8,000 SF

      Service Facility with Outdoor Storage

      8,000 SF service facility on 5 acres for lease.
      10615 Fishtrap Rd, Aubrey, TX 76227
      View Details
    • $36 SF/Yr
      1,050 SF

      Aubrey Commercial Space For Rent

      1,000+ sqft commercial space in a developing, child-focused hub.
      3740 Fm 1385, Aubrey, TX 76227
      View Details
    • $2,500 /Mo

      Turn-Key Studio with Ample Parking

      900 SF studio perfect for fitness, yoga, or dance.
      26743 Us Highway 380, Aubrey, TX 76227
      View Details
    • Contact for pricing
      18,144 SF

      Aubrey Creek Crossing II Retail Space

      Prime Aubrey retail center, 18,144 SF available.
      1001 Us Highway 377, Aubrey, TX 76227
      View Details
    • Contact for pricing
      24,000 SF

      Providence Village Retail Center

      New Retail Space - Aubrey, TX
      1601 Main St, Aubrey, TX 76227
      View Details

    FAQs

    What type of property is this?
    Strip mall - Retail spaces available in Aubrey, TX, estimated delivery Summer 2023.
    Where is this strip mall located?
    The property is located at 2965 Fm 1385 Aubrey, TX.
    What are key features of this property?
    This property features: - Located at the **high-traffic intersection of FM-1385 & Bryan Rd/Frontier Pkwy.**; - **Endcap with Drive-thru Available.**; - Spaces available ranging from 1,066 SF - 2,842 SF.
    (214) 699-6415
    Request Owner's contact information
    2965 Fm 1385 Aubrey, TX 76227
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    2965 Fm 1385
    Aubrey, TX 76227
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    2965 Fm 1385 Aubrey, TX 76227
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Listing Contact
    Scott Rodgers
    (214) 699-6415
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.