North - Denton, TX 76209
- Retail properties
- 11,463 SF
Current Use by Public Records
- Retail properties
Property Details for 0 North -
- Property size
- 11,463 SF
- Property type
- Retail properties
- Property subtype
- Restaurants
Description
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.
Value Estimation
-
CAP approach
-
Comparable approach
-
Alternative Use
Location Insight
- Map
- Local Demand
- City
- Denton
- County
- Denton
- State
- Texas
- Longitude
- -97.0989
- Latitude
- 33.2351
