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222 Hickory St Denton, TX 76201

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High-Cap Restaurant, 9,133 SF, 100% Occupied

Property size:
9,133 SF

Property Features for 222 Hickory St

General Information

Property type
Retail properties & Spaces
Square Feet
9,133 SF

Building Details

Year Built/Renovated
1930/2006
Stories
1

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Listing Contact
Kristofer Smith
Kristofer Smith

Listing Agency: SVN VERUS Commercial Listing Agent: Kristofer Smith

Displayed information is deemed reliable but is not guaranteed and should be independently verified.

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Property Insight Report

Overview

This exceptional investment opportunity presents a fully occupied, multi-tenant restaurant building located at 222 W Hickory St in the heart of Historic Downtown Denton, Texas. The property boasts a substantial 9,133 square feet, spread across a single story building constructed in 1930 and extensively renovated in 2006. Currently operating under a triple net (NNN) lease structure, the property enjoys 100% occupancy, generating a strong net operating income (NOI) of $138,740, translating to an attractive 7.30% capitalization rate. The asking price is $1,900,000, representing a price per square foot of $208.04. Situated in a highly desirable area known for its vibrant activity and excellent foot traffic, this location is perfect for retail, restaurant, and office users. The property benefits from built-in rent escalations, offering potential for future income growth. This is a rare chance to acquire a stable, high-performing asset in a thriving Texas market. The property's prime location in Denton County, Texas, zip code 76201, ensures consistent demand and strong tenant occupancy. This turnkey investment is ideal for those seeking a reliable and appreciating asset in a dynamic urban setting.
Property Profile Insight Report Location Intelligence

Current Use by Public Records

TB Winds (Bike/Boat/Book/etc) Store Gold Mine BBQ Mill Namaste Denton Restaurant Layalina Mediterranean Restaurant ... Restaurant

Suggested Use

Real Estate Agency Restaurant Law Firm Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop Pharmacy

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

Location Insight

  • Map
  • Local Demand
City
Denton
County
Denton
State
Texas
Longitude
-97.1347374
Latitude
33.2148783

FAQs

What type of property is this?
Retail property - High-Cap Restaurant, 9,133 SF, 100% Occupied
Where is this retail property located?
The property is located at 222 Hickory St Denton, TX.
What is the asking price?
The asking price for this property is $1,900,000.
What are key features of this property?
This property features: $1,900,000 Asking Price for a 9,133 SF Retail Building in Denton, TX.; 7.30% Cap Rate with $138,740 NOI.; 100% Occupancy with a Triple-Net (NNN) Lease.
(940) 381-2220 Call to check price and availability
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