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    1940 Fm 407 Highland Village, TX 75077

    For Lease
    $18 SF/Yr

    Prime Retail/Office Space Available Now

    Lot size:
    57,306 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    365
    This exceptional 2,430 square foot commercial space is ideally situated within the vibrant Highland Point Village shopping center at 1940 FM 407, Highland Village, TX 75077. The property offers a high-traffic, inline location with excellent visibility and accessibility, making it perfect for a variety of businesses. The space is currently vacant and immediately available for lease. The building itself totals 57,306 square feet and comprises nine suites, offering a diverse tenant mix. This particular unit is suitable for a range of uses, including traditional office, medical office, dental practice, optical, massage therapy, or other retail businesses. The center boasts strong anchor tenants such as Goody Goody liquor store and Domino's Pizza, ensuring consistent foot traffic and a thriving commercial environment. The minimum divisible space is 2,430 square feet, and the maximum contiguous space available is also 2,430 square feet. This presents a unique opportunity for a business seeking a well-located, readily available space in a bustling shopping center. The property's location in Highland Village, Texas provides easy access to major roadways and a strong local customer base. Don't miss this chance to establish your business in a prime commercial location. Contact us today to schedule a viewing.

    Property Features for 1940 Fm 407

    General Information

    Property type
    Restaurants
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    57,306 SF
    Total Rate
    85959

    Unit(s) available at that property

    Space
    Available Space 1
    Size
    2,430 SF
    Rate per SF
    $18
    Property Profile Location Intelligence

    Current Use by Public Records

    BoxDrop Highland Village Mattress Store Legends Sports Bar Sports Bar Domino's Pizza Pizza Delivery Willyard Agency Insurance Agency

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Highland Village
    County
    Denton
    State
    Texas
    Longitude
    -97.047373171612
    Latitude
    33.072336979911

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    FAQs

    What type of property is this?
    Restaurant - Prime Retail/Office Space Available Now
    Where is this restaurant located?
    The property is located at 1940 Fm 407 Highland Village, TX.
    What is the lease rate?
    The lease rate is $18 SF/Yr.
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    1940 Fm 407 Highland Village, TX 75077
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    Highland Village, TX 75077
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    Realmo Value Estimation

    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.

    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.

    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
    1940 Fm 407 Highland Village, TX 75077
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