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    421 Us-377 Argyle, TX 76226

    Sponsored
    For Sale
    Contact for pricing

    4,983 SF Restaurant, NNN Lease

    Property size:
    4,983 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 4,983-square-foot freestanding restaurant presents a unique investment or owner-user opportunity in the thriving Argyle, Texas market. Built in 2004, this single-story building sits on a 0.67-acre lot boasting excellent visibility and accessibility from US 377 and FM 407. The property features ample indoor space, complemented by an outdoor covered patio area, perfect for expanding operations or creating a welcoming atmosphere. Its strategic location offers approximately 115 feet of frontage on US 377, ensuring high traffic visibility. The property benefits from a cross-parking agreement with an adjacent office building, enhancing customer convenience and parking availability. Furthermore, a multiple-parcel cross-access agreement allows convenient access from FM 407, near a CVS pharmacy. Argyle's strong demographics and limited restaurant options create a high-demand environment for this type of property. This is a second-generation restaurant, ready for immediate occupancy or customization. Contact us for pricing and further details. The property is located at 421 US-377, Argyle, TX 76226, in Denton County. The lease type is NNN (Net, Net, Net).

    Property Features for 421 Us-377

    General Information

    Property type
    Restaurants
    Square Feet
    4,983 SF

    Building Details

    Year Built
    2004
    Buildings
    1
    Stories
    1

    HighLights

    • 4,983 SF freestanding restaurant building on a 0.67‑acre lot in Argyle, TX.
    • Built in 2004, with excellent visibility and accessibility from US 377 and FM 407.
    • Features ample indoor space and an outdoor covered patio.
    • Offers approximately 115 feet of frontage on US 377 and benefits from cross‑parking and cross‑access agreements.
    • Located in a high‑demand area with limited restaurant options; NNN lease.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Argyle
    County
    Denton
    State
    Texas
    Longitude
    -97.1897518
    Latitude
    33.1031446

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    FAQs

    What type of property is this?
    Restaurant - 4,983 SF Restaurant, NNN Lease
    Where is this restaurant located?
    The property is located at 421 Us-377 Argyle, TX.
    What are key features of this property?
    This property features: 4,983 SF freestanding restaurant building on a 0.67-acre lot in Argyle, TX.; Built in 2004, with excellent visibility and accessibility from US 377 and FM 407.; Features ample indoor space and an outdoor covered patio.
    Request Owner's contact information
    421 Us-377 Argyle, TX 76226
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    Argyle, TX 76226
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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
    421 Us-377 Argyle, TX 76226
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