501 Pne Rdg St Pilot Point, TX 76227
- Retail properties
- 7,500 SF
Current Use by Public Records
- Retail properties
Property Details for 501 Pne Rdg St
- Property size
- 7,500 SF
- Property type
- Retail properties
- Property subtype
- Office Properties & Spaces
Description
This exceptional 7,500-square-foot executive office building, located at 501 Pine Ridge Street in Krugerville, Texas, presents a unique investment opportunity. Situated in Denton County, zip code 76227, this property boasts a stunning brick and stone façade and offers flexible lease options. The space is ideal for a variety of professional uses, including medical offices (dentist, physician, polyclinic, chiropractor, physiotherapist, veterinarian), professional services (CPA, insurance agent, law offices, title companies), or learning centers. The building features a maximum contiguous space of 7,500 square feet, with a minimum divisible space of 1,500 square feet, making it suitable for businesses of various sizes. Ample parking is provided with 34 spaces, exceeding 4.5 spaces per 1,000 square feet. The asking price is $350 per square foot for a professional office lease, or $27 per square foot plus NNN for shell space. Generous tenant improvement allowances are available. This property is currently for lease and represents a compelling opportunity in a thriving Texas market. The property is classified as Retail and Office, specifically Executive Office.
Value Estimation
-
CAP approach
-
Comparable approach
-
Alternative Use
Location Insight
- Map
- Local Demand
- City
- Pilot Point
- County
- Denton
- State
- Texas
- Longitude
- -96.9846
- Latitude
- 33.2954
