Corner Lot Retail
For Sale
$450,000
222 W Parkway Street, Denton, TX 76201
Corner retail building with storefront frontage and parking, positioned on a heavily traveled Denton corridor.
Property Size1,470 SF
Price / SF$306.12
Days on Market63
Property Features for 222 W Parkway Street
General Information
Standard status
Active
Size
1,470 SF
Property subtype
Commercial
Site & Location
Highway Access
Yes
Road Access
Yes
Building Details
Year Built
1958
Tenancy
Multi
Listing Agency:
INC Realty, LLC
(940) 300-2334
Listed By:
Melissa Cooper · License #0743420
(940) 300-2334
Source:
Signaturere
Added: Jun 4
Changed: Jul 10
Last Checked: Jul 25 at 2:16PM
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 INC Realty, LLC
Investment Insights
Based on property information with market context.
222 W Parkway Street is a retail building for sale offering approximately 1,470 square feet of space configured for multiple tenants. The property sits on a corner lot with direct frontage on W Parkway Street and large storefront windows designed to bring natural light to the interior. Front parking supports convenient customer access.
The site is positioned along one of Denton’s most heavily traveled corridors, just minutes from the historic Downtown Denton Square. It also provides convenient access to major regional routes, including I-35 & 380, as well as nearby higher education anchors, the University of North Texas and Texas Woman’s University.
For investors, the multi-tenant configuration can support an owner’s plan to diversify occupancy within a single asset. For owner-users, the building’s street-facing retail presence and storefront window frontage are well suited for businesses seeking visibility from a high-traffic roadway. The property’s location among established businesses and nearby residential areas can support a range of retail and service uses, with flexibility for future redevelopment depending on the buyer’s objectives.
The site is positioned along one of Denton’s most heavily traveled corridors, just minutes from the historic Downtown Denton Square. It also provides convenient access to major regional routes, including I-35 & 380, as well as nearby higher education anchors, the University of North Texas and Texas Woman’s University.
For investors, the multi-tenant configuration can support an owner’s plan to diversify occupancy within a single asset. For owner-users, the building’s street-facing retail presence and storefront window frontage are well suited for businesses seeking visibility from a high-traffic roadway. The property’s location among established businesses and nearby residential areas can support a range of retail and service uses, with flexibility for future redevelopment depending on the buyer’s objectives.
Key Highlights
- 1958‑built approx. 1,470 SF commercial building configured for multiple tenants
- Corner lot with direct frontage on W Parkway Street
- Front parking provides customer access
Financial Insights For Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $32.3k | $21.96 |
| − Vacancy | −$1.5k | −$1.03 |
| EGI | $30.8k | $20.93 |
| − OpEx | −$9.2k | −$6.28 |
| NOI | $21.5k | $14.65 |
1,470 SF · lease $21.96/SF/yr · vacancy 4.70% · expense 30.00%
Alternative Uses
Best Use
Retail
$307.6K
$269.2K – $358.9K
NOI $21,535 @ 7.0% cap · market cap 4.79%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$459.3K
$401.9K – $535.8K
NOI $32,149 @ 7.0% cap · market cap 7.14%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
Multi-tenant
Tenancy
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
2,235
Businesses Nearby
46k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Dining 73%
Shops & Services 27%
Mellow Mushroom
Dining
11,092 visits/mo
0.2 miles
Rusty Taco
Dining
8,924 visits/mo
0.2 miles
Wells Fargo
Shops & Services
8,868 visits/mo
0.2 miles
Golden Chick
Dining
6,072 visits/mo
0.3 miles
Fuzzy's Taco Shop
Dining
4,312 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
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Storefront property - Corner retail building with storefront frontage and parking, positioned on a heavily traveled Denton corridor.
Where is this storefront property located?
The property is located at 222 W Parkway Street Denton, TX.
What is the asking price?
The asking price for this property is $450,000.
What are key features of this property?
This property features: 1958‑built approx. 1,470 SF commercial building configured for multiple tenants; Corner lot with direct frontage on W Parkway Street; Front parking provides customer access
