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Property profile & analytics
OFF-MARKET
Retail properties & Spaces

500 University Dr Denton, TX 76201

335,000 SF Built 1964
Property ID
Property summary
AI-generated overview

Located in Denton, Texas, this prominent retail center at 500-1042 W University Dr, 76201 offers exceptional leasing opportunities. The property, situated on a substantial 30.98-acre lot, boasts a total building area of 335,000 square feet. Originally constructed in 1964 and extensively renovated in 1994, the center provides a blend of classic charm and modern functionality. Currently, there is 60,192 square feet of vacant space available, divisible into units ranging from a minimum of 2,000 square feet to a maximum contiguous space of 27,800 square feet, catering to a variety of business needs. The property's prime location in Denton County ensures high visibility and accessibility, making it an ideal choice for retailers seeking a thriving market. The multiple tenancy structure allows for a diverse range of businesses to coexist, creating a vibrant and dynamic shopping environment. This is a rare opportunity to secure retail space in a well-established and highly sought-after location. The property's size and flexibility make it suitable for a wide range of retail concepts. Don't miss this chance to establish your business in a prime Denton location.

Property profile
Verified
Property type Retail properties & Spaces
Year built 1964
Total area 335,000 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
  • Kroger Pharmacy Pharmacy
  • Kroger Bakery Bakery Specialty Food Shop
  • Kroger Deli Food Market Restaurant
  • Redbox Cinema (Bike/Boat/Book/etc) Store
  • Western Union Bank Credit Union
Value estimations
Realmo proprietary · 4 methods
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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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