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501-511 W University Dr 1,918 - 9,536 sq ft of Office / Retail Space Available in Denton, TX 76201
HIGHLIGHTS
- Delivering Q4 2022
- Ample Parking
- Completely Updated and Remodeled
- Shell Condition, TI Available
SPACE AVAILABILITY (4)
Display Rent as
- SPACE
- SIZE
- TERM
- RATE
- TYPE
| Space | Size | Term | Rate | Type | ||
| 1st Floor, Ste 511-100 | 1,918 sq ft | Negotiable | Upon Application Upon Application Upon Application Upon Application | TBD | ||
| 1st Floor, Ste 511-200 | 2,154 sq ft | Negotiable | Upon Application Upon Application Upon Application Upon Application | TBD | ||
| 1st Floor, Ste 511-300 | 2,655 sq ft | Negotiable | Upon Application Upon Application Upon Application Upon Application | TBD | ||
| 1st Floor, Ste 511-400 | 2,809 sq ft | Negotiable | Upon Application Upon Application Upon Application Upon Application | TBD |
501-511 W University Dr - 1st Floor - Ste 511-100
Restaurant/Retail with University Frontage
- Can be combined with additional space(s) for up to 9,536 sq ft of adjacent space
501-511 W University Dr - 1st Floor - Ste 511-200
Restaurant/Retail with University Frontage
- Can be combined with additional space(s) for up to 9,536 sq ft of adjacent space
501-511 W University Dr - 1st Floor - Ste 511-300
Restaurant/Retail
- Can be combined with additional space(s) for up to 9,536 sq ft of adjacent space
501-511 W University Dr - 1st Floor - Ste 511-400
Restaurant/Retail
- Can be combined with additional space(s) for up to 9,536 sq ft of adjacent space
Rent Types
The rent amount and type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The rent type will vary depending upon the services provided. For example, triple net (NNN) rents are typically lower than full service rents due to additional expenses the tenant is required to pay in addition to the base rent. Contact the listing agent for a full understanding of any associated costs or additional expenses for each rent type.
1. Full Service: A rent that includes normal building standard services as provided by the landlord within a base year rental.
2. Double Net (NN): Tenant pays for only two of the building expenses; the landlord and tenant determine the specific expenses prior to signing the lease agreement.
3. Triple Net (NNN): A lease in which the tenant is responsible for all expenses associated with their proportional share of occupancy of the building.
4. Modified Gross: Modified Gross is a general type of lease rate where typically the tenant will be responsible for their proportional share of one or more of the expenses. The landlord will pay the remaining expenses. See the below list of common Modified Gross rent structures: 4. Plus All Utilities: A type of Modified Gross Lease where the tenant is responsible for their proportional share of utilities in addition to the rent. 4. Plus Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of cleaning in addition to the rent. 4. Plus Electric: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical cost in addition to the rent. 4. Plus Electric & Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical and cleaning cost in addition to the rent. 4. Plus Utilities and Char: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the utilities and cleaning cost in addition to the rent. 4. Industrial Gross: A type of Modified Gross lease where the tenant pays one or more of the expenses in addition to the rent. The landlord and tenant determine these prior to signing the lease agreement.
5. Tenant Electric: The landlord pays for all services and the tenant is responsible for their usage of lights and electrical outlets in the space they occupy.
6. Negotiable or Upon Request: Used when the leasing contact does not provide the rent or service type.
7. TBD: To be determined; used for buildings for which no rent or service type is known, commonly utilized when the buildings are not yet built.
PROPERTY FACTS
| Total Space Available | 9,536 sq ft | Frontage | 298 ft on W University Dr |
| Centre Type | Retail Park | Net Internal Area | 20,460 sq ft |
| Parking | 120 Spaces | Total Land Area | 2.53 ac |
| Stores | 1 | Year Built | 1962 |
| Centre Properties | 1 |
| Total Space Available | 9,536 sq ft |
| Centre Type | Retail Park |
| Parking | 120 Spaces |
| Stores | 1 |
| Centre Properties | 1 |
| Frontage | 298 ft on W University Dr |
| Net Internal Area | 20,460 sq ft |
| Total Land Area | 2.53 ac |
| Year Built | 1962 |
ABOUT THE PROPERTY
This retail center is located at the corner of two of Denton's main artery roads, University Drive and Carroll Boulevard. With over 32,000 VPD, this location provides excellent visibility and access. This prime location is an excellent opportunity for Restaurant and Retail alike.
- Dedicated Turn Lane
- Signalised Intersection
NEARBY MAJOR RETAILERS
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501-511 W University Dr
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