Current Use by Public Records
- Retail properties & Spaces
Property Details for 380 At Old
- Year built
- 2024
- Lot size
- 8.24 lot acres
- Property type
- Retail properties & Spaces
- Property subtype
- Restaurants
Description
This exceptional Class A retail investment opportunity, totaling 37,586 square feet across seven buildings, is situated on a highly visible 8.235-acre hard corner lot at the intersection of US 380 (a six-lane highway) and Old North Road in Denton, Texas. The property boasts 27,000 vehicles per day (VPD) and benefits from a prime location across from Texas Women's University (20,000 students), within a rapidly growing area (ranked #25 fastest-growing US city with a population exceeding 70,000). The site is conveniently located near a major employment center with over 26,000 workers within a seven-minute radius and 55,000+ college students nearby. All utilities and entitlements are in place, and the property is pad-ready, with site work complete. The development features a themed waterfront area, outdoor amenities (splash fountains, fireplaces, dog parks, jogging trail), and ample parking, including valet service for restaurants. The property is zoned for commercial uses (PD), and Letters of Intent are in final negotiations for multiple uses and spaces, with rents starting in the $30s NNN. The multifamily portion of the development (approximately 300 units) is sold separately and is not included in this transaction. This is a rare opportunity to acquire a large-tract retail land parcel in a high-demand area with limited competition, offering significant potential for long-term growth and return on investment. The property benefits from agricultural exemptions, resulting in low property taxes and assessments. Seller financing is available. Final platting is underway.
Value Estimations
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AI approach
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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
- -97.0989
- Latitude
- 33.2351
