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Restaurant-Retail Corner Space
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501-511 W University Dr, Denton, TX 76201

Updated retail-restaurant space in shell condition with tenant improvements available and ample on-site parking.

Property Size2,154 SF
Days on Market827

Property Features for 501-511 W University Dr

General Information

Standard status Active
Size 2,154 SF
Property subtype RETAIL

Site & Location

Traffic Count 32,000 vehicles/day
Road Access Yes

Building Details

Tenancy Multi
Listing Agency: SVN | Verus Commercial
Listed By: Brad Tyndall · License #710763
Source: Moodyscre
Added: Apr 25, 2024 Changed: Jul 26 Last Checked: Jul 30 at 7:28AM

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.

This restaurant/retail corner space is offered in shell condition, with tenant improvements available to support a new buildout. The center is being completely updated with new exterior finishes as part of a multi-tenant redesign.

The property is located on university frontage at the corner of University Drive and Carroll Boulevard. The site is positioned on two of Denton’s main artery roads and is described as having over 32,000 VPD for strong visibility and convenient access. Ample parking is available on site.

Tenants seeking a restaurant or retail presence will have a fresh, newly remodeled environment within the center’s updated exterior and multi-tenant layout.

Key Highlights

  • Retail‑restaurant property on the corner of University Drive and Carroll Boulevard in Denton
  • Over 32,000 VPD on University Drive and Carroll Boulevard for traffic exposure and access
  • Completely updated and remodeled retail center with new eye‑catching exterior finishes

Property Analytics

Current Use

Retail space

Suggested Use

Top Pick Real Estate Agency Big Box & Wholesale Store Building Supply Auto Parts Store Storage Facility Kitchen & Bath Showroom

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

32,000 VPD
Traffic count
Multi-tenant
Tenancy
Yes
Paved road access
NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

681
Businesses Nearby
200k
Monthly Visits Nearby

Foot Traffic Nearby

Dining 60% Shops & Services 34% Home Improvements & Furnishings 4% Electronics 1%
Dollar Tree Shops & Services
25,471 visits/mo 0.2 miles
Whataburger Dining
18,527 visits/mo 0.3 miles
SONIC Drive In Dining
14,293 visits/mo 0.4 miles
Starbucks Dining
13,575 visits/mo 0.0 miles
Little Caesars Pizza Dining
12,235 visits/mo 0.3 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

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025
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Frequently Asked Questions

What type of property is this?
Retail space - Updated retail-restaurant space in shell condition with tenant improvements available and ample on-site parking.
Where is this retail space located?
The property is located at 501-511 W University Dr Denton, TX.
What are key features of this property?
This property features: Retail‑restaurant property on the corner of University Drive and Carroll Boulevard in Denton; Over 32,000 VPD on University Drive and Carroll Boulevard for traffic exposure and access; Completely updated and remodeled retail center with new eye‑catching exterior finishes
(940) 381-2220 Call to check price and availability
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