500 Fort Worth Dr - Storefront Retail/Office FOR SALE


Denton, TX 76201
$6,794,256 USD
214-252-1069
500 Fort Worth Dr, Denton, TX for Sale
$6,794,256 USD
Storefront Retail/Office - FOR SALE
1/7
null | 6.25% Cap Rate

500 Fort Worth Dr
Denton, TX 76201


HIGHLIGHTS

  • Located in highly trafficked corridor, less than one mile from UNT with ouver 47,000 students
  • Situated amongst dense multifamily and student housing developments
  • Denton’s population has grown nearly 13% since 2020 and over 40% since 2010
  • Essential service tenant lineup — WellMed & Avoca Coffee Roasters

OVERVIEW

DuWest Realty Investment Services is pleased to present the opportunity to acquire Viridian Marketplace ("the Property") located at 500 Fort Worth Dr. (31,0290 VPD) in Denton, Texas. The property benefits from direct access to I-35 (139,230 VPD) and is positioned less than one mile from the University of North Texas, home to more than 47,000 students. Surrounded by dense multifamily and student housing developments, the center is well situated to capture both daily consumer demand and long-term growth trends. The tenant lineup is anchored by essential service providers, including WellMed, a primary care provider backed by Optum and UnitedHealth Group, and Avoca Coffee, a popular local coffee brand with multiple DFW locations. The property also features a 1,427 SF vacancy, offered as a one-year master lease, providing immediate income stability and leasing opportunity to new ownership. Denton continues its rapid growth transformation from a small college town into a thriving regional submarket. Denton County’s population has surged nearly 13% since 2020 and over 40% since 2010, making it one of the fastest-growing counties in Texas. The city has been recognized among Texas’ top business climates, driven by robust infrastructure and strong ties to UNT and Texas Woman’s University. Major developments such as Hillwood’s 3,200-acre Landmark project—planned for 6,000 new homes and five million square feet of mixed-use space—are accelerating demand, while H-E-B’s upcoming Denton location, slated for 2026 delivery, further underscores the market’s strength. Viridian Marketplace offers investors a stable service-oriented tenant mix in a prime growth market, supported by exceptional demographics, institutional developments, and long-term regional momentum.

FOR SALE DETAILS

PRICE

$6,794,256 USD

PRICE/SF

$507 USD /SF

CAP RATE

6.25%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Viridian Marketplace

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Office

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2020

SPRINKLERS

-

PARKING SPACES

103

LAND DETAILS

LAND ACRES

1.84 AC

LAND SF

80,150 SF

ZONING

DC-G

APN/PARCEL ID

-

ASK ABOUT THIS PROPERTY

Matthew BanasDuWest RealtyMore Info
214-252-1069

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Matthew BanasDuWest RealtyMore Info
214-252-1069

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.