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222 W Hickory St

9,113 SF 100% Leased Retail Building Denton, TX 76201 $1,900,000 ($208/SF) 7.30% Cap Rate

Investment Highlights

  • This retail building is located in Historic Downtown Denton.
  • This area is a highly desirable location for retail, restaurant and office users with excellent foot traffic and vibrant activity.

Executive Summary

The subject property is a 100% NNN leased retail building. This is a unique opportunity to acquire a property in highly desirable
Downtown Denton with a solid three tenant mix. This fully stabilized property also offers a buyer upside with rent escalations
in place.

Property Facts

Sale Type
Investment
Property Type
Retail
Property Subtype
Restaurant
Building Size
9,113 SF
Building Class
B
Year Built/Renovated
1930/2006
Price
$1,900,000
Price Per SF
$208
Cap Rate
7.30%
NOI
$138,700
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.75
Land Acres
0.28 AC
Zoning
MD
Parking
80 Spaces (8.78 Spaces per 1,000 SF Leased)
Frontage
132 FT on W Hickory St

Amenities

  • Signage
  • Tenant Controlled HVAC
  • Air Conditioning
Walk Score ®
Walker's Paradise (93)
Bike Score ®
Very Bikeable (78)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
R35487
Land Assessment
$487,880
Improvements Assessment
$768,456
Total Assessment
$1,256,336
  • Listing ID: 29308730

  • Date on Market: 8/18/2023

  • Last Updated:

  • Address: 222 W Hickory St, Denton, TX 76201

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