Add Listing
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    The Largest CRE Database in the US with Over 1 Million Listings

    1211 West Hickory St Denton, TX 76201

    View on Map
    Loading data...
    Loading data...
    Loading data...
    For Lease
    $25 SF/Yr

    Prime retail space in Denton's vibrant Fry Street entertainment district.

    Building Details

    Year built
    1992

    We can help!

    Listing Contact
    Greg Johnson
    Source: Svn

    Listing Agency: SVN | Verus Commercial Listing Agent: Greg Johnson

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

    Learn more

    Overview

    Fry Street Single-Tenant Retail Space

    Located in the Fry Street entertainment district near the UNT campus, this single-tenant building at 1211 West Hickory Street offers a total of 4,245 square feet of HVAC space. The property benefits from high visibility and foot traffic, making it suitable for retail businesses. The location is home to long-standing bars and restaurants serving students and surrounding neighborhoods. Flexible lease terms are available, and ample parking is provided for customers and employees.
    Location Intelligence

    Current Use by Public Records

    Riprocks Bar and Grill Bar & Pub

    Suggested Use

    Real Estate Agency Restaurant Law Firm Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop Gym & Fitness Center

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

    Location Insight

    • Map
    • Local Demand
    City
    Denton
    County
    Denton
    State
    Texas
    Longitude
    -97.1455355
    Latitude
    33.2142792

    Nearby Similar for Lease

    • $1,650 /Mo
      1,472 SF

      Denton Flex Space with Office

      Flex space featuring office, reception, and two overhead doors.
      730 Wainwright St, Denton, TX 76201
      View Details
    • $1,450 /Mo
      1,300 SF

      Denton Warehouse with Office Space

      Commercial office and warehouse space with dedicated parking and restroom.
      122 Daugherty St, Denton, TX 76205
      View Details
    • $6,300 /Mo
      9,409 SF

      Denton Retail/Daycare Opportunity

      Rare MN Zoned property near downtown Denton, TX.
      516 N Locust St, Denton, TX 76201
      View Details
    • $4,000 /Mo
      1,200 SF

      Denton Industrial Building with Yard

      1200 SF building with fenced yard storage lot.
      870 N Mayhill Rd, Denton, TX 76208
      View Details
    • $3,560 /Mo
      480 SF

      Auto Dealership Lot For Lease

      High-visibility auto dealership site on US-380 in Denton, TX.
      4108 E University Dr, Denton, TX 76208
      View Details
    • Sponsored
      Contact for pricing

      TX, Denton - Parkway St

      Discover many ways to work your way in Democracy Plaza
      414 Pkwy St 1Rst &, Denton, TX 76201
      View Details
    • $27 SF/Yr
      29,708 SF

      New Retail Space in Denton

      Class A retail space available late 2026 in Denton.
      1402 Teasley Ln, Denton, TX 76205
      View Details
    • $12 SF/Yr
      33,411 SF

      Office Space in Denton, TX

      Office space available for lease in Denton, Texas.
      1716 Scripture St, Denton, TX 76201
      View Details
    • $2.00 SF/Yr
      227,383 SF

      Denton Office Space for Lease

      Class A office building with geothermal heating and excellent highway visibility.
      5101 E University Dr, Denton, TX 76208
      View Details
    • $750 /Mo
      8,189 SF

      Move-in Ready Renovated Office Building

      Renovated office building with utilities and Wi-Fi included.
      700 Londonderry Ln, Denton, TX 76205
      View Details
    • $500 /Mo

      Class A Office Space Available

      Class A office space near downtown Denton for rent.
      400 W Oak St, Denton, TX 76201
      View Details
    • $11 SF/Yr
      902 SF

      Retail Space with Showroom

      Retail property featuring a showroom, restroom, break room, and office.
      701 S Locust St, Denton, TX 76201
      View Details

    FAQs

    What type of property is this?
    Storefront property - Prime retail space in Denton's vibrant Fry Street entertainment district.
    Where is this storefront property located?
    The property is located at 1211 West Hickory St Denton, TX.
    What is the lease rate?
    The lease rate is $25 SF/Yr.
    What are key features of this property?
    This property features: - Prime location in the highly sought-after Fry Street entertainment district adjacent to the UNT campus.; - Single-Tenant building totaling 4,245 SF HVAC space.; - High visibility and optimal foot traffic.
    (940) 594-7717
    Request Owner's contact information
    1211 West Hickory St Denton, TX 76201
    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.
    1211 West Hickory St
    Denton, TX 76201
    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
    1211 West Hickory St Denton, TX 76201
    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
    Greg Johnson
    (940) 594-7717 (940) 381-2220
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!