2245 S LOOP 288, Denton, TX 76210
Brand-new 15-year absolute NNN ground lease with 2 drive-thru service bays and three 5-year renewal options.
Property Features for 2245 S LOOP 288
General Information
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Investment Insights
Based on property information with market context.
The site is located on a prominent hard-corner, signalized intersection with strong interstate visibility, with reported traffic of more than 123,000 vehicles per day on Interstate-35 and over 27,000 vehicles per day on S. Loop 288. The property is directly across from the Golden Triangle Mall, a JCPenney-anchored shopping mall, and it is approximately 1.2 miles from Medical City Denton Hospital and about 3.3 miles from the University of North Texas.
As presented, Take 5 is the 3rd largest lube center chain in the U.S. by location count, and its parent company, Driven Brands, supplies the car care businesses through its distribution network.
Key Highlights
- Brand‑new 15‑year absolute NNN ground lease with zero landlord responsibilities
- Three (3) five‑year renewal options included in the lease structure
- 10% rental increases every 5 years throughout the initial term and option periods
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
Foot Traffic Nearby
Demographics for 76210, TX
Market
Vacancy Rate% for Retail in South region
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