Denton, TX 76201

Natural Grocers

Property Address

110 West University Drive, Denton, TX, USA

Offering Summary

  • Price: $6,319,000
  • Lot Size: 1.4 Acres
  • Cap Rate: 6.25%
  • Year Built: 2014
  • Building SF: 21,492
  • Status: Available
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  • ~7.5 Years Remaining on Absolute Triple-Net (NNN) Corporate Lease
  • Next Rent Increase Occurs in 2023
  • 117,082 Residents within a 5-Mile Radius - Dallas/Fort Worth MSA
  • Growing Trade Area within Denton - Households Projected to Increase Nearly 11% in Surrounding Area by 2024
  • Directly Across from Texas Woman’s University, Home to 15,800+ Students
  • Average Household Income Exceeds $69K within a 5-Mile Radius
  • Signalized Hard Corner - Visible to 33,260+ Cars/Day at the Intersection of University Drive and Locust Street
  • Essential Service Located in Income Tax-Free State

Broker Information