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Elm Street Center 1803-1813 N Elm St 9,960 SF 100% Leased Retail Building Denton, TX 76201 $1,914,000 ($192.17/SF) 7% Cap Rate

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EXECUTIVE SUMMARY

Excellent opportunity to acquire a well-located retail and office center in the heart of Denton. Property features prime frontage along Elm Street with monument signage and strong daily traffic counts, providing exceptional visibility in a high-demand corridor. Built in 1975 and well maintained, the center includes flexible suite layouts that can
accommodate a wide range of uses, making it attractive for both investors and owner-users. Close proximity to the University of North Texas, Downtown Denton, and I-35. Surrounded by established neighborhoods and steady commuter traffic, the site consistently draws customer demand. Ample on-site parking, 24-hour accessibility, and convenient entry from a dedicated turn lane enhance its functionality for tenants and visitors alike. The property provides multiple avenues for upside through lease-up, repositioning, or long-term redevelopment, all supported by Denton’s rapidly growing population and business base. For
owner-users, 1809 N Elm delivers a highly visible site in a thriving trade
area with strong fundamentals and long-term value potential

PROPERTY FACTS

Sale Type
Investment
Property Type
Retail
Property Subtype
Restaurant
Building Size
9,960 SF
Building Class
C
Year Built
1975
Price
$1,914,000
Price Per SF
$192.17
Cap Rate
7%
NOI
$134,045
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.32
Lot Size
0.72 AC
Zoning
MN - Mixed-Use Neighborhood
Parking
33 Spaces (3.31 Spaces per 1,000 SF Leased)
Frontage
187’ on N Elm St

AMENITIES

  • 24 Hour Access
  • Bus Line
  • Dedicated Turn Lane
  • Restaurant
  • Signage
  • Tenant Controlled HVAC
  • Monument Signage
  • Air Conditioning
Walk Score®
Very Walkable (80)
Bike Score®
Very Bikeable (70)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

NEARBY MAJOR RETAILERS

Starbucks
Natural Grocers
Kroger
bb.q Chicken
Rent-A-Center
Tim Hortons
Planet Fitness
The Picklr
Umb Bank
PNC Bank

PROPERTY TAXES

PROPERTY TAXES

Parcel Numbers
Multiple
  • R27101
  • R27092
Land Assessment
$473,460
Improvements Assessment
$826,072
Total Assessment
$1,299,532
  • Listing ID: 37710480

  • Date on Market: 9/17/2025

  • Last Updated:

  • Address: 1803-1813 N Elm St, Denton, TX 76201

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