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1131 Fort Worth Dr 9,296 SF 89% Leased Retail Building Denton, TX 76205 $2,200,000 ($236.66/SF)
INVESTMENT HIGHLIGHTS
- Frontage on US 377 (Fort Worth Dr.) with over 21,000 vehicles per day
- Sale/Leaseback opportunity for immediate income for owner
- 3200 SF finished out for retail/office ready for immediate occupancy
EXECUTIVE SUMMARY
Seller will either sell the building and move out or sell the building and lease back his current 5,000 sf space. Terms negotiable.
Total +/- 9,296 SF of retail and/or office building with frontage on Hwy 377 (Fort Worth Dr.) - over 21,000 vehicles per day - just south of I-35. Currently, a month to month lease on the approximately 3,236 sf space finished out with restroom and small office, tile floors, drop ceiling and 40 plus feet of slotted wall panels as well as additional space in the back of the building for storage or can be finished out for an additional 800 SF for storage/office/retail.
Total +/- 9,296 SF of retail and/or office building with frontage on Hwy 377 (Fort Worth Dr.) - over 21,000 vehicles per day - just south of I-35. Currently, a month to month lease on the approximately 3,236 sf space finished out with restroom and small office, tile floors, drop ceiling and 40 plus feet of slotted wall panels as well as additional space in the back of the building for storage or can be finished out for an additional 800 SF for storage/office/retail.
PROPERTY FACTS
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Building Size
9,296 SF
Building Class
B
Year Built/Renovated
1979/2018
Price
$2,200,000
Price Per SF
$236.66
Percent Leased
89%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.32
Lot Size
0.67 AC
Zoning
SC - Suburban Corridor - Wide variety of uses including retail, office, restaurant, bar, etc...see attached Allowed Uses PDF
Parking
32 Spaces (3.44 Spaces per 1,000 SF Leased)
Frontage
AMENITIES
- Dedicated Turn Lane
- Pylon Sign
- Tenant Controlled HVAC
- Storage Space
- Recessed Lighting
- Air Conditioning
SPACE AVAILABILITY
- SPACE
- SIZE
- SPACE USE
- POSITION
- AVAILABLE
Total +/- 3,226SF of retail and/or office with frontage on to Hwy 377 (Fort Worth Dr.) - over 21,000 vehicles per day - just south of I-35. Space is finished out with restroom and small office, tile floors, drop ceiling and 40 plus feet of slotted wall panels.
| Space | Size | Space Use | Position | Available |
| 101 | 3,226 SF | Retail | - | Now |
101
| Size |
| 3,226 SF |
| Space Use |
| Retail |
| Position |
| - |
| Available |
| Now |
101
| Size | 3,226 SF |
| Space Use | Retail |
| Position | - |
| Available | Now |
Total +/- 3,226SF of retail and/or office with frontage on to Hwy 377 (Fort Worth Dr.) - over 21,000 vehicles per day - just south of I-35. Space is finished out with restroom and small office, tile floors, drop ceiling and 40 plus feet of slotted wall panels.
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | R187403 | Improvements Assessment | $863,731 |
| Land Assessment | $236,269 | Total Assessment | $1,100,000 |
PROPERTY TAXES
Parcel Number
R187403
Land Assessment
$236,269
Improvements Assessment
$863,731
Total Assessment
$1,100,000
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1131 Fort Worth Dr
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