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3924 Teasley Ln
Denton, TX 76210
Retail Property For Sale
Investment Highlights
- Corporate Guaranteed Single Tenant Asset Adjacent to Walmart Neighborhood Market Located in the High-Growth Denton, TX (DFW)
- Annual Rent of $14.75 PSF NN (Roof & Structure is Landlord's Responsibility)
- Below Replacement Cost at $236.08 PSF
- Dollar Tree, Inc. (NASDAQ: DLTR) Credit Rated “BBB” by S&P, Considered Investment Grade; Over $30.6 Billion of Revenue in 2024
- 6 Years Remaining on Primary Term with $0.50 PSF Escalations During Each of the Three (3), Five-Year Renewal Options
- Average Household Income Exceeds $139,200, $128,800 & $116,000 in a 1, 3 & 5 Mile Radii Respectively
Property Facts
Property Type
Retail
Property Subtype
Freestanding
Building Size
8,620 SF
Building Class
B
Year Built
2020
Tenancy
Single
Building Height
1 Story
Building FAR
0.19
Lot Size
1.04 AC
Zoning
F1 - Real Commercial
Parking
42 Spaces (4.87 Spaces per 1,000 SF Leased)
Frontage
169’ on Teasley Rd
Property Taxes
| Parcel Number | R650757 | Improvements Assessment | $1,456,371 |
| Land Assessment | $543,629 | Total Assessment | $2,000,000 |
Property Taxes
Parcel Number
R650757
Land Assessment
$543,629
Improvements Assessment
$1,456,371
Total Assessment
$2,000,000
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