Property profile

5812 N Interstate 35 Denton, TX 76207

FOR LEASE
Retail properties & Spaces
Property ID
US83-1997615
6,005 SF
Entity Owned 3-yr Hold
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Property summary

AI-generated overview

This vacant 6,005 square foot restaurant and bar is located at 5812 N Interstate 35 in Denton, Texas, zip code 76207. Priced at $1,850,000, this turnkey operation boasts Interstate 35 frontage, ensuring high visibility and accessibility. The property features an excellent layout ideal for live music and a patio atmosphere, enhanced by two covered patios. Ample parking is available for patrons. The location benefits from proximity to major Denton employers, all within a 5-mile radius, guaranteeing a strong customer base. Furthermore, the planned Loop 288 expansion to the west promises increased retail and residential development in the near future, further enhancing the property's value and potential. Enjoy stunning sunset views across I-35 from the patio. This is a rare opportunity to acquire a well-positioned, established restaurant and bar in a rapidly growing area. The property is currently vacant, offering a blank canvas for a new owner to customize and operate. The high traffic count on I-35 ensures significant exposure and potential for substantial revenue generation.

Property profile

Verified
Property type Retail properties & Spaces
Total area 6,005 SF
UPID US83-1997615

Cap rate & NOI

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

Location

5812 N Interstate 35 Denton, TX 76207
Denton metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Comparable Approach Comparable
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Owner & transaction history

since 2023
5 recorded transactions
2023
Price N/A
2023
$1.1M
2018
Price N/A
2018
Price N/A
2016
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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