Rd - Denton, TX 76209

This exceptional 4,097 square foot Class A retail property, located in Denton, Texas, presents a unique investment opportunity. Situated on a 40,426 square foot lot at the intersection of US 380 and Old North Road (Lot 3), this property boasts significant frontage on the six-lane US 380 highway, ensuring high visibility and accessibility. The property is zoned PD (SC base zoning - commercial) and is fully entitled for QSR/Fast Food, Restaurant, and Storefront uses. All utilities are in place, and the site is pad-ready, allowing for immediate construction. The site benefits from its proximity to Texas Woman's University (TWU), with approximately 20,000 students, and is within walking distance of a Denton Connect bus stop. Significant infrastructure improvements, including fire lanes and driveway permits, are underway, facilitated by the adjacent multifamily development (closing November 2023) which will also be upgrading utilities on the site. A completed Traffic Impact Analysis (TIA) and approved site work plans for four curb cuts further enhance the property's appeal. The property is part of the Sereno Village development, an 18-acre mixed-use project featuring upscale shops, fine dining, office space, and 300 Class-A residential units. This location offers a high barrier to entry due to limited available land and a significant retail void in the area. The asking price is $1,536,188, with a price per square foot of $374.95. Seller financing is available. This is a rare opportunity to acquire a prime commercial property in a rapidly growing area with strong demographics and limited competition. The property includes completed environmental phase-1 (clean) and all necessary surveys. Ag exemptions are in place, resulting in low property taxes and assessments.