Retail Space /TX /Denton County /Denton /3651 N Interstate 35
Retail Space /TX /Denton County /Denton /3651 N Interstate 35

3651 N Interstate 35 - Freestanding FOR SALE


Denton, TX 76207 | 
$5,165,381 USD
332-345-4222
3651 N Interstate 35, Denton, TX for Sale
$5,165,381 USD
Freestanding - FOR SALE
1/2
null | 7.75% Cap Rate
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3651 N Interstate 35
Denton, TX 76207

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HIGHLIGHTS

  • Long-Term, 15-Year Double-Net (NN) Lease This Duluth Trading Company is subject to a 15-year Double Net (NN) lease which commenced 6/1/2018.
  • Attractive Rental Increases This lease features 10% rental increases every 5 years.
  • Corporate Guarantee This property is guaranteed by Duluth Holdings Inc.

OVERVIEW

NNN Pro is pleased to present the exclusive listing for a Duluth Trading Company located at 3651 N Interstate 35, Denton, TX 76207. The site consists of roughly 14,557 rentable square feet of building space on an estimated 2.1-acre parcel of land. This Duluth Trading Company is subject to a 15-year Double Net (NN) lease, which commenced 6/1/2018. The current annual rent is

FOR SALE DETAILS

PRICE

$5,165,381 USD

PRICE/SF

$355 USD /SF

CAP RATE

7.75%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Duluth Trading Company

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2018

SPRINKLERS

-

PARKING SPACES

77

LAND DETAILS

LAND ACRES

2.1 AC

LAND SF

91,476 SF

ZONING

-

APN/PARCEL ID

R725129

ASK ABOUT THIS PROPERTY

Glen KunofskyNNN Pro GroupMore Info
332-345-4222

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Glen KunofskyNNN Pro GroupMore Info
332-345-4222

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