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1811 Elm St
Denton, TX 76201
Elm Street Center · Retail Property For Sale
Property Facts
Property Type
Retail
Property Subtype
Building Size
9,600 SF
Building Class
C
Year Built
1975
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.31
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
About 1811 ELM ST , DENTON, TX 76201
Location, Location, Location! 1 block from 380, in the heart of Denton, close to universities and downtown. Be the owner of this cash flowing, fully leased investment property, ready for your turn key investor. Property has newer (2017) roof over-lay. New parking over-lay, seal coat and striping. Exterior newly painted. All 6 units are fully rented with multi 3 year escalating leases, increasing annually. Projected cap rate year 2020 - 8.8%, Projected cap rate years 2021 & 2122 - 10.95%
Property Taxes
| Parcel Numbers | Improvements Assessment | $826,072 | |
| Land Assessment | $473,460 | Total Assessment | $1,299,532 |
Property Taxes
Parcel Numbers
Land Assessment
$473,460
Improvements Assessment
$826,072
Total Assessment
$1,299,532
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