222 W Hickory St Denton, TX 76201
Property summary
This exceptional investment opportunity presents a fully occupied, multi-tenant restaurant building located at 222 W Hickory St in the heart of Historic Downtown Denton, Texas. The property boasts a substantial 9,133 square feet, spread across a single story building constructed in 1930 and extensively renovated in 2006. Currently operating under a triple net (NNN) lease structure, the property enjoys 100% occupancy, generating a strong net operating income (NOI) of $138,740, translating to an attractive 7.30% capitalization rate. The asking price is $1,900,000, representing a price per square foot of $208.04. Situated in a highly desirable area known for its vibrant activity and excellent foot traffic, this location is perfect for retail, restaurant, and office users. The property benefits from built-in rent escalations, offering potential for future income growth. This is a rare chance to acquire a stable, high-performing asset in a thriving Texas market. The property's prime location in Denton County, Texas, zip code 76201, ensures consistent demand and strong tenant occupancy. This turnkey investment is ideal for those seeking a reliable and appreciating asset in a dynamic urban setting.
Property profile
VerifiedCap rate & NOI
Current use
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(Bike/Boat/Book/etc) Store
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Mill Factory
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Restaurant
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Restaurant
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Derived from the Denton market rent, vacancy and expense benchmarks for this use type.
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Property tax & assessments
Tax year 2023Property description
Physical attributes from public recordsZoning & alternative use
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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