5812 N Interstate 35
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5812 N Interstate 35
6,005 SF Retail Building Denton, TX 76207 $1,850,000 ($308/SF)
Investment Highlights
- Turnkey Restaurant & Bar w/ Great Visibility
- Future Retail Opportunities
- Surrounded by residential - Outlet mall next door
- Quick Access to North & Southbound I-35
- Kitchen Equipment Included
- HEAVY TRAFFIC
Executive Summary
Turnkey restaurant & bar in an incredible location. THE PREVIOUS RESTAURANT WAS SUCCESSFUL HERE TO 10 YEARS. Amazing visibility on Interstate 35, featuring over 72,000 vehicles per day (AADT '23). Loop 288 offers over 15,000 AADT and wraps around the north side of UNT's Discovery Park over to east Denton. Presidio Outlet mall resides next door and houses over 10 businesses. This location services those looking to bypass the heavy traffic in the Rayzor Ranch retail area during the lunch rush. The largest industrial employers in Denton are within 5 miles of this location. Loop 288 expansion to the west will bring more retail/residential development in the coming years. Great view of the sunset across I-35 in the evenings from the patio. Excellent layout for live music/patio atmosphere.
Property Facts
Sale Type
Owner User
Property Type
Retail
Property Subtype
Building Size
6,005 SF
Building Class
B
Year Built
1993
Price
$1,850,000
Price Per SF
$308
Tenancy
Single
Building Height
1 Story
Building FAR
0.09
Lot Size
1.52 AC
Zoning
PD - Retail - Planned Development - Retail/Restaurant/Office permitted.
Parking
100 Spaces (16.65 Spaces per 1,000 SF Leased)
Frontage
159 FT on N I-35
PROPERTY TAXES
| Parcel Number | R169180 | Improvements Assessment | $336,220 |
| Land Assessment | $675,616 | Total Assessment | $1,011,836 |
PROPERTY TAXES
Parcel Number
R169180
Land Assessment
$675,616
Improvements Assessment
$336,220
Total Assessment
$1,011,836
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5812 N Interstate 35
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