5012 Teasley Ln | Denton, TX 76210
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- LoopNet Team
5012 Teasley Ln
Denton, TX 76210
AutoZone · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- Long-Term Absolute NNN Ground Lease to Corporate Tenant (NYSE: “AZO”)
- 10% Rental Increases in Primary Term and Options Periods to Hedge Against Inflation
- Average Annual Household Income of $122,385 Within Three Miles
- No Landlord Management
- Located Near the Signalized Hard Corner of Teasley Lane and Hickory Creek Road (26,004 AADT) and Adjacent to Successful Kroger & Sprouts Centers
- Six Miles from University of North Texas (40,796 Students, 4,500 Faculty and Staff, $1.65 Billion Economic Impact)
PROPERTY FACTS
Property Type
Retail
Property Subtype
Freestanding
Building Size
6,840 SF
Building Class
B
Year Built
2009
Tenancy
Single
Building Height
1 Story
Building FAR
0.13
Lot Size
1.17 AC
Zoning
C - Commercial
Parking
40 Spaces (5.84 Spaces per 1,000 SF Leased)
Frontage
186’ on Teasley Lane
PROPERTY TAXES
| Parcel Number | R329874 | Improvements Assessment | $590,789 |
| Land Assessment | $761,211 | Total Assessment | $1,352,000 |
PROPERTY TAXES
Parcel Number
R329874
Land Assessment
$761,211
Improvements Assessment
$590,789
Total Assessment
$1,352,000
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