500 Fort Worth Dr - Storefront Retail/Office FOR SALE
Denton, TX 76201 |
$6,466,000 USD
214-960-2835
500 Fort Worth Dr
Denton, TX 76201
HIGHLIGHTS
- Strong Fundamentals on an Oversized +/-1.836-Acre Parcel
- Complementary Tenant Mix with WellMed (Corporate), Avoca Coffee (4 Locations Across DFW), & Universal Smoke & Vape (4 Locations Across DFW
- All Tenants Experiencing Annual Rent Bumps During Primary Term
- Benefits from Parallel Positioning to Fort Worth Road (28,700+ VPD), Partial Masonry Construction & a Drive Thru + Outdoor Patio for Avoca Coffee
- Minutes from The University of North Texas (UNT) in Denton; The 4th largest University in Texas
- Two (2) Brand New H-E-B Grocery Openings in Denton
OVERVIEW
100% Leased, 3-Tenant Retail Center | 2020 Construction | Average Lease Term Expiration May 2031 | Drive-Thru End Cap
Located in the Growing Submarket of Denton, TX | Denton is the 20th Most Populous City in Texas (DEDC) | 30 Minutes from DWF Internation Airport & Dallas Love Field | 31% Population Increase Since 2010
FOR SALE DETAILS
PRICE
$6,466,000 USD
PRICE/SF
$483 USD /SF
CAP RATE
6.65%
% 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
Please correct the highlighted field(s).
214-960-2835
By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.
Please correct the highlighted field(s).
214-960-2835
By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.
