500-1042 University Dr Denton, TX 76201
- Retail properties
- 335,000 SF
Current Use by Public Records
- Retail properties
Property Details for 500-1042 University Dr
- Year built
- 1964
- Property size
- 335,000 SF
- Property type
- Retail properties
Description
This exceptional 335,000 square foot retail center, located at 500-1042 W University Dr, Denton, TX 76201, presents a unique investment opportunity. Situated on a 30.98-acre lot at the high-traffic intersection of University Drive and Carroll Blvd, this Class B property boasts outstanding visibility and pylon signage. Built in 1964 and renovated in 1994, the single-story center features two suites, with 2,500 square feet currently vacant and additional space ranging up to 27,792 square feet available. The property benefits from its location near the University of North Texas and Texas Woman's University, ensuring high foot traffic. This established retail center is anchored by a top-performing Kroger Signature Store, providing a strong tenant mix and a vibrant retail environment. The property is in Denton County and offers flexible leasing options to accommodate various retail needs. This is an ideal location for retailers seeking to capitalize on the significant pedestrian and vehicular traffic in this thriving area. The property's prime location and strong anchor tenant make it a compelling investment opportunity.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Denton
- County
- Denton
- State
- Texas
- Longitude
- -97.1415
- Latitude
- 33.2303
