US 380 at Old North Road - Lot 5, Denton, TX 76209

This commercial frontage is part of the Sereno mixed-use development in Denton, Texas, which includes approximately 37,000 square feet of upscale shop space, fine dining establishments, office space, and 277 Class-A residential units. The multifamily component on the back side of the property has been sold and is under construction with 277 units. The multifamily developer will be conducting improvements on the commercial tract, including fire lanes, driveway permits, and utilities. All buildings on the commercial tract are designed and approved for preliminary plat by the city, awaiting the buyer to submit the final plat. The site work leveling is complete. The property is pad ready with all utilities and entitlements. Utility improvements are completed and being upgraded. The site is located at the northwest corner of US 380 at Old North, just inside Loop 288, at the first signalized interchange. It is within one mile of Texas Women’s University and within three miles of The University of North Texas. The property is zoned PD (SC retail base zoning) with existing entitlements and is ideal for banks, fuel operations, consumer services and goods, and restaurants. Multi-tenant retail space and restaurant sites are currently pre-leasing, with construction to commence soon. The 8.235-acre site is one of the last remaining undeveloped tracts of land on the US 380 corridor inside the Loop. The property has a half-mile frontage with a full median opening, providing unimpeded access. This is an ag exempt property on US 380 inside Loop 288.