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Property profile & analytics
OFF-MARKET
Shopping centers

1727-1731 University Dr Denton, TX 76201

5,896 SF Built 1973
Property ID
Property summary
AI-generated overview

This exceptional retail property, located at 1727-1731 W University Drive in Denton, Texas (zip code 76201), offers a prime 4,000 square foot space within a larger 5,896 square foot building. Situated on a 17,800 square foot lot, this Class B property boasts excellent visibility directly on W University Drive (Highway 380), featuring attractive glass storefronts. Built in 1973, the single-story building includes a total of 21 parking spaces. The space itself is an endcap unit, offering a wide-open retail floor plan at the front, transitioning to two bathrooms and smaller offices in the rear. While previously occupied for over 20 years, minor tenant improvements may be necessary to meet current City of Denton codes, including potential floor and lighting upgrades. A tenant improvement allowance is available, contingent upon creditworthiness. The property's convenient location and high visibility make it an ideal opportunity for a variety of retail businesses. The total building comprises two suites, with 4,000 square feet currently vacant and available for lease. The maximum contiguous space available is 4,000 square feet.

Property profile
Verified
Property type Shopping centers
Year built 1973
Total area 5,896 SF
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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