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2 AC | HWY 380 | OFFICE | RETAIL 5118 E University Dr

4,057 SF Vacant Retail Building Denton, TX 76208 $1,800,000 ($444/SF)

INVESTMENT HIGHLIGHTS

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

EXECUTIVE SUMMARY

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.

PROPERTY FACTS

Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Storefront Retail/Office
Building Size
4,057 SF
Building Class
B
Year Built/Renovated
1985/2016
Price
$1,800,000
Price Per SF
$444
Percent Leased
Vacant
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.05
Lot Size
2.00 AC
Zoning
Commercial - Multi-use, Office, Medical, Day-Care, Retail, Restaurant, Multi-family, Storage, Auto Shop, and more
Parking
12 Spaces (2.96 Spaces per 1,000 SF Leased)
  • Listing ID: 29994170

  • Date on Market: 11/8/2023

  • Last Updated:

  • Address: 5118 E University Dr, Denton, TX 76208

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