5118 E University Dr - Storefront Retail/Office FOR SALE


Denton, TX 76208
$1,800,000 USD
817-829-2386
5118 E University Dr, Denton, TX for Sale
$1,800,000 USD
Storefront Retail/Office - FOR SALE
1/22
null | Request Cap Rate

5118 E University Dr
Denton, TX 76208


HIGHLIGHTS

  • Prime Location on Highway 380 ensures constant high traffic flow 41,214 VPD and heightened visibility
  • Multiple Access Entries: 2 access entries directly from the Hwy, enhancing customer convenience and enabling efficient operations
  • 522 feet of frontage on Highway 380
  • Multi-Use - Day Care | Retail | Light Industrial | MF | Office | Medical | Mechanic Shop and more
  • Close Proximity to Loop 288 and the I-35 connection, Ensures a Seamless Connection to Major Transportation Routes.
  • 2-Minutes Away From Major Retailers Such as Wal-Mart, Future HEB, Starbucks, McDonald's, CVS and more

OVERVIEW

FANTASTIC INVESTMENT OPPORTUNITY ON HWY 380! - ONE OF THE LAST REMAINING. Approx 2878 sf office building and 1126 sf house on 2 Ac with TWO direct access drives and generous 522ft frontage on a major bustling Highway 380, ensures high traffic visibility and sees approximately 41,214 vehicles per day. Only 2 minutes away from major retailers such as Wal-Mart, Future HEB, Starbucks, McDonald's, CVS, and more. 10 miles away from PGA of America Frisco Headquarters. 50 min away from Dallas and Fort Worth, 8 min to Downtown Denton, 10 minutes to Little Elm, and 20 min to Prosper and Frisco. OPENS ENDLESS POSSIBILITIES FOR YOUR BUSINESS LOCATION WITH THE ROOM TO EXPAND OR DEVELOP IN VERSATILE MULTI-USE ZONING. PERFECT FOR OFFICE, CHURCH, DAYCARE, RETAIL, RESTAURANT, LIGHT INDUSTRIAL, AUTOMOTIVE, Multi-family, AND MORE, ask the listing agent for allowed uses. SUITABLE FOR MULTIPLE STORAGE NEEDS, WITH PLENTY OF ROOM FOR VEHICLES & EQUIPMENT, THE OFFICE IS RENOVATED WITH HIGH-END MATERIALS SUCH AS HAND-SCRAPED WOOD FLOORING AND GRANITE. Owner financing is available.

FOR SALE DETAILS

PRICE

$1,800,000 USD

PRICE/SF

$444 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

2 AC | HWY 380 | OFFICE | RETAIL

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Office

ADD'L SUBTYPES

Auto Repair, Day Care Center, Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1985

SPRINKLERS

-

PARKING SPACES

12

LAND DETAILS

LAND ACRES

2 AC

LAND SF

87,120 SF

ZONING

Commercial

APN/PARCEL ID

R707023

ASK ABOUT THIS PROPERTY

Olga LundLund RealtyMore Info
817-829-2386

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Olga LundLund RealtyMore Info
817-829-2386

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.