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222 W Hickory St Denton, TX 76201

Commercial real estate Google Maps
9,000 SF 0.28 ac lot Built 1930
Entity Owned ~ Est. High Equity
222 W Hickory St, Denton, TX 76201 For Sale
Contact for pricing 9,000 SF
222 W Hickory St, Denton, TX 76201
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Estimated value (blended)
$1.09M
Range $977k – $1.19M (±10%)
Property ID US83-1611746

Property summary

AI-generated overview

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

Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Year built 1930
Total area 9,000 SF
Lot 0.28 ac (12,197 SF)
APN R35487
UPID US83-1611746

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • (Bike/Boat/Book/etc) Store
  • Mill Factory
  • Restaurant
  • Restaurant

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$1.02M
Blend (final) Blend
$1.09M

Owner & transaction history

since 2026
6 recorded transactions
2026
$1.6M
2019
Price N/A
2009
Price N/A
2007
Price N/A
2006
Price N/A
2005
Price N/A

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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