Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Haltom City Retail Investment Opportunity Title is generated by Realmo AI

    3220 Denton Hwy, Haltom City, TX

    View on Map
    Claim this Listing
    Loading data...
    Loading data...
    Loading data...
    For Sale
    Contact for pricing

    NNN leased retail property in Dallas-Fort Worth MSA.

    Type:RETAIL
    Property size:
    11,205 SF
    Lot size:
    1.21 Acres
    Price / SF:
    $1,004/SF
    Added:
    Sep 26, 2025
    Days on Market:
    241
    Last Refresh:
    Apr 5 at 9:26 pm

    Property Features for 3220 Denton Hwy

    General Information

    Standard status
    Active
    Size
    11,205 SF
    Lot size
    1.21 Acres
    Property subtype
    RETAIL

    We can help!

    Listing Contact
    Jimmy Goodman
    Jimmy Goodman

    Listing agent Jimmy Goodman License #471005983

    Listing office The Boulder Group - Corporate

    Listing date Sep 26, 2025

    Source Moodyscre

    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 The Boulder Group - Corporate

    HighLights

    • Absolute NNN lease with no landlord responsibilities.
    • New 20‑year lease term.
    • Located in the Dallas‑Fort Worth MSA, the #4 most populous in the United States.
    • 2% annual rental escalations.
    • High traffic location: Signalized intersection on Denton Highway (21,600 VPD) and proximity to Interstate 820 (161,000 VPD).
    • High population density and income: 259,000+ people within a five‑mile radius with an average household income of $87,752.

    Overview

    This retail property is located within the Dallas-Fort Worth MSA, which is ranked #4 in the United States for population size. The property benefits from its location on a signalized intersection along Denton Highway, which experiences 21,600 vehicles per day. Additionally, it is in proximity to Interstate 820, with a traffic volume of 161,000 vehicles per day. The surrounding area has a dense population, with over 259,000 people residing within a five-mile radius, and an average household income of $87,752 within the same radius. Neighboring tenants include ALDI, Ace Hardware, Walgreens, Wells Fargo, Hibbett Sports, dd’s Discounts, and McDonald’s. The closest hospital is located 4 miles northeast. The property is subject to a new 20-year lease term and is an absolute NNN lease, meaning no landlord responsibilities. The lease includes 2% annual rental escalations. The property is located in an income tax free state.
    Location Intelligence

    Current Use by Public Records

    Drug stores

    Suggested Use

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

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

    Similar Places Nearby

    • Farmacia Central Rx — 5000 Western Center Blvd Suite 220, Haltom City, TX 76137
    • Camp Bell-essed — 5105 Roundtree Ct, Haltom City, TX 76137
    • Empire smoke and vape - watauga — 6700 Denton Hwy, Watauga, TX 76148

    Location Insight

    • Map
    • Local Demand
    City
    Haltom City
    County
    Tarrant
    State
    Texas
    Longitude
    -97.2692
    Latitude
    32.7996

    Nearby Similar for Sale

    • $475,000

      Haltom City School Investment Opportunity

      3,300 SF building zoned C1 in Haltom City, TX.
      4918 Broadway Avenue, Haltom City, TX 76117
      View Details
    • $450,000

      Haltom City Office Building

      Commercial property on a busy road with multiple potential uses.
      5115 Stanley Keller Road, Haltom City, TX 76117
      View Details
    • $445,000

      Haltom City Warehouse with Offices

      Versatile commercial property with offices and open storage space.
      1403 Oak Knoll Drive, Haltom City, TX 76117
      View Details
    • $475,000

      Haltom City Commercial Property

      Commercial property with potential in Haltom City, Texas.
      4209 Broadway Avenue, Haltom City, TX 76117
      View Details
    • $239,000

      Haltom City Commercial Property

      C-3 zoned commercial property, ideal for automotive or retail.
      1401 Oak Knoll Drive, Haltom City, TX 76117
      View Details
    • $300,000

      Haltom City Office For Sale

      Conveniently located office space with easy freeway access.
      1913 Hemlock Drive, Haltom City, TX 76117
      View Details
    • $299,000

      Turnkey Airbnb in Haltom City

      Income-producing SuperHost property, fully furnished and booked.
      5417 Vicki - Street, Haltom City, TX 76117
      View Details
    • $1,200,000
      14,700 SF

      Haltom City Flex Property

      14,700 SF flex property on 1.03 acres.
      1714 Higgins Ln , HALTOM CITY, TX
      View Details
    • $445,000
      5,000 SF

      Versatile Commercial Property For Sale

      5,000+ sq ft commercial building near Airport Freeway.
      1403 Oak Knoll Drive, Haltom City, TX 76117
      View Details
    • Contact for pricing
      4,800 SF

      Haltom City Flex Space Available

      4,800 SF flex space with office and warehouse components.
      4207 Broadway Ave Haltom, City, TX 76117
      View Details
    • $750,000

      Haltom City Office Opportunity

      Ready-to-use office with M-1 zoning near Highway 121.
      1925 Hickory Dr, Haltom City, TX
      View Details
    • $289,900

      Haltom City Warehouse with Offices

      Warehouse with offices, break room, and roll-up door.
      1403 Oak Knoll Drive, Haltom City, TX 76117
      View Details

    FAQs

    What type of property is this?
    Drug store - NNN leased retail property in Dallas-Fort Worth MSA.
    Where is this drug store located?
    The property is located at 3220 Denton Hwy Haltom City, TX.
    What is the asking price?
    The asking price for this property is $11,250,000.
    What are key features of this property?
    This property features: Absolute NNN lease with no landlord responsibilities.; New 20‑year lease term.; Located in the Dallas‑Fort Worth MSA, the #4 most populous in the United States.
    (847) 562-8500 Call to check price and availability
    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing Jimmy Goodman
    Jimmy Goodman
    Real Estate License ID: 471005983
    Learn More
    Request Owner's contact information
    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.
    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
    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

    Thank You for Inquiry
    3220 Denton Hwy, Haltom City, TX
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!