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Property profile & analytics
OFF-MARKET
Office Spaces

3312 Teasley Ln Denton, TX 76210

20,000 SF Built 2022
Property ID
Property summary
AI-generated overview

This exceptional investment opportunity presents a fully occupied, 20,000 square foot Class A office building in Denton, Texas. Located at 3312 Teasley Ln, 76210, this two-story building boasts a single, private equity-backed tenant under a NNN lease with a remaining term of 7.4 years (expiring April 30, 2032, with commencement March 14, 2022). The property offers a strong NOI of $490,774, resulting in a 6.33% cap rate and a price per square foot of $387.50. Built in 2022, the building features premium finishes and modern amenities, catering to the needs of executive, medical, and traditional office tenants. Its prime Denton location provides excellent visibility and accessibility. The long-term lease and strong tenant provide a stable and predictable income stream, making this a compelling investment opportunity in a thriving Texas market. The property includes rent bumps, ensuring future income growth. This is a single-tenant, single-unit building with 100% occupancy. The asking price is $7,750,000.

Property profile
Verified
Property type Office Spaces
Year built 2022
Total area 20,000 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
Current use
Occupant on record · Public records
  • Dr. Aaron Vickers Dental Office
  • Bernice Fomunung Physician
  • Darren Shang Physician
  • Nancy Morbitzer Physician
  • Misty Mcnabb Physician
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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