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    OFF-MARKET
    Retail properties & Spaces

    0 North -, Denton, TX 76209

    11,463 SF
    Property ID
    Property summary
    AI-generated overview

    This exceptional 11,463 square foot, Class A retail property in Denton, Texas, presents a unique investment opportunity. Situated on a 55,200 square foot lot at a hard corner on US 380, this two-story building boasts 9,490 square feet of net rentable space, priced at $212.68 per square foot. The property is zoned PD (SC base zoning - commercial) and is fully entitled, with all utilities in place. Significant infrastructure improvements are complete, including site leveling, utility upgrades, and approved site work plans. Adjacent to a soon-to-be-completed 300-unit multifamily development (closing November 2023), this location benefits from increased traffic and a large potential customer base. The property is ideally suited for a bank, QSR/fast food establishment, or restaurant, and is located near Texas Women's University (20,000 students) and other major employers, ensuring high visibility and strong potential for daytime and evening sales. The property's location on US 380, a major arterial, provides excellent access and high traffic counts. The seller is offering financing options. This is a rare opportunity to acquire a prime retail property in a rapidly growing area with limited competition and high barriers to entry. The property is ag-exempt, resulting in low property taxes and assessments. Final platting is underway.

    Property profile
    Verified
    Property type Retail properties & Spaces
    Total area 11,463 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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