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Viridian Marketplace 500 Fort Worth Dr 13,388 SF 89% Leased 4-Star Retail Building Denton, TX 76201 $6,794,256 ($507.49/SF) 6.25% Cap Rate
INVESTMENT HIGHLIGHTS
- Located in highly trafficked corridor, less than one mile from UNT with ouver 47,000 students
- Denton’s population has grown nearly 13% since 2020 and over 40% since 2010
- Situated amongst dense multifamily and student housing developments
- Essential service tenant lineup — WellMed & Avoca Coffee Roasters
EXECUTIVE SUMMARY
DuWest Realty Investment Services is pleased to present the opportunity to acquire Viridian Marketplace ("the Property") located at 500 Fort Worth Dr. (31,0290 VPD) in Denton, Texas. The property benefits from direct access to I-35 (139,230 VPD) and is positioned less than one mile from the University of North Texas, home to more than 47,000 students. Surrounded by dense multifamily and student housing developments, the center is well situated to capture both daily consumer demand and long-term growth trends.
The tenant lineup is anchored by essential service providers, including WellMed, a primary care provider backed by Optum and UnitedHealth Group, and Avoca Coffee, a popular local coffee brand with multiple DFW locations. The property also features a 1,427 SF vacancy, offered as a one-year master lease, providing immediate income stability and leasing opportunity to new ownership.
Denton continues its rapid growth transformation from a small college town into a thriving regional submarket. Denton County’s population has surged nearly 13% since 2020 and over 40% since 2010, making it one of the fastest-growing counties in Texas. The city has been recognized among Texas’ top business climates, driven by robust infrastructure and strong ties to UNT and Texas Woman’s University. Major developments such as Hillwood’s 3,200-acre Landmark project—planned for 6,000 new homes and five million square feet of mixed-use space—are accelerating demand, while H-E-B’s upcoming Denton location, slated for 2026 delivery, further underscores the market’s strength.
Viridian Marketplace offers investors a stable service-oriented tenant mix in a prime growth market, supported by exceptional demographics, institutional developments, and long-term regional momentum.
The tenant lineup is anchored by essential service providers, including WellMed, a primary care provider backed by Optum and UnitedHealth Group, and Avoca Coffee, a popular local coffee brand with multiple DFW locations. The property also features a 1,427 SF vacancy, offered as a one-year master lease, providing immediate income stability and leasing opportunity to new ownership.
Denton continues its rapid growth transformation from a small college town into a thriving regional submarket. Denton County’s population has surged nearly 13% since 2020 and over 40% since 2010, making it one of the fastest-growing counties in Texas. The city has been recognized among Texas’ top business climates, driven by robust infrastructure and strong ties to UNT and Texas Woman’s University. Major developments such as Hillwood’s 3,200-acre Landmark project—planned for 6,000 new homes and five million square feet of mixed-use space—are accelerating demand, while H-E-B’s upcoming Denton location, slated for 2026 delivery, further underscores the market’s strength.
Viridian Marketplace offers investors a stable service-oriented tenant mix in a prime growth market, supported by exceptional demographics, institutional developments, and long-term regional momentum.
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront Retail/Office
Building Size
13,388 SF
Building Class
A
LoopNet Rating
4 Star
Year Built
2020
Price
$6,794,256
Price Per SF
$507.49
Cap Rate
6.25%
NOI
$424,641
Percent Leased
89%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.17
Lot Size
1.84 AC
Zoning
DC-G - Commercial
Parking
103 Spaces (72.18 Spaces per 1,000 SF Leased)
MAJOR TENANTS Click Here to Access
- TENANT
- INDUSTRY
- SF OCCUPIED
- RENT/SF
- LEASE TYPE
- LEASE END
- Avoca Coffee Roasters
- -
- -
- -
-
Lorem Ipsum
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Jan 0000
| TENANT | INDUSTRY | SF OCCUPIED | RENT/SF | LEASE TYPE | LEASE END | |
| Avoca Coffee Roasters | - | - | - | Lorem Ipsum | Jan 0000 |
SPACE AVAILABILITY
- SPACE
- SIZE
- SPACE USE
- POSITION
- AVAILABLE
- 100
- 1,427 SF
- Retail
- -
- Now
| Space | Size | Space Use | Position | Available |
| 100 | 1,427 SF | Retail | - | Now |
100
| Size |
| 1,427 SF |
| Space Use |
| Retail |
| Position |
| - |
| Available |
| Now |
NEARBY MAJOR RETAILERS
CONTACTS
-
Matthew Banas -
Will Walters -
Alex Speed Throckmorton -
Josie Trent -
DuWest Realty
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Viridian Marketplace | 500 Fort Worth Dr
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