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    FOR SALE
    Commercial real estate

    222 W Hickory St, Denton, TX 76201

    9,000 SF 0.28 ac lot Built 1930
    Entity Owned ~ Est. High Equity
    Property ID
    US83-1611746
    222 W Hickory St, Denton, TX 76201 For Sale
    $1,900,000 9,000 SF
    222 W Hickory St, Denton, TX 76201
    View Listing →
    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
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Current use
    Occupant on record · Public records
    • TB Winds (Bike/Boat/Book/etc) Store
    • Gold Mine BBQ Mill Factory
    • Namaste Denton Restaurant
    • Layalina Mediterranean Restaurant and Lounge 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
    Royalbelle J LLC
    Royalbelle J LLC
    since 2026
    6 recorded transactions
    2026
    $1.6M
    2019
    2009
    2007
    2006
    2005
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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    “Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
    More about this property
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