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2245 Loop 288 S Denton, TX 76205

For Sale
$1,550,000

Brand new Take 5 with a 15-year absolute NNN lease.

Property size:
1,271 SF
Lot size:
0.32 Acres

Property Features for 2245 Loop 288 S

General Information

Size
1,271 SF
Lot size
0.32 Acres

Source: Real Capital Investments Agent Randy Bell

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


Overview

New Take 5 Ground Lease

This property features a brand-new construction with Take 5’s modern prototype design, including 2 drive-thru service bays and a lengthy waiting queue. The property is situated on a prominent hard-corner, signalized intersection with excellent interstate visibility. The location experiences high traffic, with more than 123,000 vehicles per day on Interstate-35 and over 27,000 vehicles per day on S. Loop 288. It is located in a densely populated, infill location with strong demographics, with over 164,000 people within a 5-mile radius and an average household income exceeding $111,000 annually. Within a 5-mile radius of the property, there is over 18.6 million square feet of industrial and office space and 29.1 million square feet of restaurant and retail, resulting in a high daytime population of more than 6,600 businesses and 54,900 employees. The property is located directly across from the Golden Triangle Mall. It is approximately 1.2 miles from the 184-bed Medical City Denton Hospital and approximately 3.3 miles from The University of North Texas with over 46,700 students currently enrolled.
Location Intelligence

Current Use by Public Records

Solar Panel and More ... Solar Energy Equipment Supplier

Suggested Use

Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Nail Salon

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

Similar Places Nearby

Good Year, Brakes Plus, Stress-Free Auto Care / Pro-Tech, Showcars Paintless Dent Repair and More, Youngman's Auto Repair

Location Insight

  • Map
  • Local Demand
City
Denton
County
Denton
State
Texas
Longitude
-97.1054767
Latitude
33.1858733

FAQs

What type of property is this?
Auto shop - Brand new Take 5 with a 15-year absolute NNN lease.
Where is this auto shop located?
The property is located at 2245 Loop 288 S Denton, TX.
What is the asking price?
The asking price for this property is $1,550,000.
What are key features of this property?
This property features: - Brand-new 15 year absolute NNN ground lease with zero landlord responsibilities.; - Corporately guaranteed lease from Take 5, the 3rd largest and fastest growing lube center chain in the U.S. with 1,545 locations.; - 10% rental increases every 5 years throughout the initial term and option periods.
More about this property
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