1131 Fort Worth Dr
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1131 Fort Worth Dr
9,311 SF Retail Building Denton, TX 76205 £1,753,840 (£188/SF)
Investment Highlights
- Frontage on US 377 (Fort Worth Dr.) with over 21,000 vehicles per day
- Sale/Leaseback opportunity for immediate income for owner
- 3200 SF finished out for retail/office ready for immediate occupancy
Executive Summary
Sale of the building contingent on Seller leasing back his currently occupied space of 5,000 sf +/-.
Total +/- 9,812 SF of retail and/or office building with frontage on Hwy 377 (Fort Worth Dr.) - over 21,000 vehicles per day - just south of I-35. Curently negotiating a 3 year lease on the vacant space approximately 3,236 sf finished out with restroom and small office, tile floors, drop ceiling and 40 plus feet of slotted wall panels as well as additional space in the back of the building for storage or can be finished out for approximately 800 SF for storage/office/retail.
Total +/- 9,812 SF of retail and/or office building with frontage on Hwy 377 (Fort Worth Dr.) - over 21,000 vehicles per day - just south of I-35. Curently negotiating a 3 year lease on the vacant space approximately 3,236 sf finished out with restroom and small office, tile floors, drop ceiling and 40 plus feet of slotted wall panels as well as additional space in the back of the building for storage or can be finished out for approximately 800 SF for storage/office/retail.
Property Facts
Sale Type
Investment or Owner User
Sale Condition
Sale & Leaseback
Property Type
Retail
Property Subtype
Building Size
9,311 SF
Building Class
B
Year Built/Renovated
1979/2018
Price
£1,753,840
Price Per SF
£188
Tenancy
Single
Number of Floors
1
Building FAR
0.32
Lot Size
0.67 AC
Zoning
SC - Suburban Corridor - Wide variety of uses including retail, office, restaurant, bar, etc...
Parking
32 Spaces (3.44 Spaces per 1,000 SF Leased)
Frontage
160 ft on Fort Worth Dr. (US 377)
Amenities
- Dedicated Turn Lane
- Pylon Sign
- Tenant Controlled HVAC
- Storage Space
- Recessed Lighting
- Air Conditioning
Nearby Major Retailers
PROPERTY TAXES
| Parcel Number | R187403 | Improvements Assessment | £648,706 |
| Land Assessment | £188,354 | Total Assessment | £837,060 |
PROPERTY TAXES
Parcel Number
R187403
Land Assessment
£188,354
Improvements Assessment
£648,706
Total Assessment
£837,060
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1131 Fort Worth Dr
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