Retail Space / Texas / Denton / 76201 / 500 Fort Worth Drive

500 Fort Worth Drive

Q: What is the asking price for 500 Fort Worth Drive in Denton?

The asking price for 500 Fort Worth Drive is $5,900,000

Q: What is the building size of this Retail property in Denton, TX?

The size of the building/unit at 500 Fort Worth Drive in Denton is 13,388 square feet.

Q: What kind of Retail is the propery at 500 Fort Worth Drive?

The property at 500 Fort Worth Drive Denton, TX 76201 is listed as a Shopping Center Retail property.

Q: What is the population within 1 mile of 500 Fort Worth Drive?

The population within 1 mile of 500 Fort Worth Drive Denton, TX 76201 is 17,470 people.

Q: Who do I contact for questions about 500 Fort Worth Drive?

You should contact the listing agent, Sam House, for any details regarding this commercial listing.

Denton, TX 76201

Viridian Denton Retail

Listing ID: 302187

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Building Size: 13,388 SF

Lot Size: --

Land Size: --

Building $/SF: $440.69

Land $/SF:

Price

$5,900,000

Property Highlights

BUILT-IN UPSIDE

LONG AVERAGE LEASE TERM

NEW CLASS A CONSTRUCTION

EXCELLENT VISIBILITY WITH EASE OF ACCESS

STRONG OPERATOR CREDIT

COMPLIMENTARY TENANT LINE-UP

HIGH GROWTH SUBMARKET

PROXIMITY TO I-35 AND UNIVERSITY OF NORTH TEXAS

YEAR CONSTRUCTED 2020

AVERAGE TEASE TERM 9.33 YEARS

OCCUPANCY RATE 100%

Description

NAI Robert Lynn’s Capital Markets Team, as the exclusive marketing advisor, is pleased to present the opportunity to acquire Viridian Marketplace, a 13,388 square foot retail shopping center located in the rapidly growing city of Denton, Texas. The property is strategically positioned to service newly constructed multifamily home residents within the submarket. Its superior location, ease of access, and multiple access points allows for convenient access to a shopping center that caters well to local residents. Viridian Marketplace is 100% occupied and features a complimentary tenant line-up consisting of Medical, Coffee and Boutique users with long-term leases and built-in step rents.

Attachments & Files

flyer-8032-0-g78-BCO.pdf

Traffic Counts

Points of Interest & Demographic Radii

Points of Interest

Demographic Radii

POIs provided for entertainment purposes only. Data comes from multiple data sources as well as users and agents. MyEListing makes no claims whatsoever as to the accurancy and/or completeness.

Denton History of Retail Space for Sale

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Month	Payment	Principal	Interest	Total Interest	Balance
$0.00	$0.00	$0.00	$0.00	$0.00	$0.00

Listing Demographics for 500 Fort Worth Drive Denton, TX 76201

All information based on the most recently available data (updated annually) and is provided in 1-mile, 3-mile, and 5-mile radii (radiuses) of the property location.

		1-Mile	3-Miles	5-Miles
Total Population		17,470	77,509	139,420
Population Median Age		28	33	34
Population by Age	0-9 Yrs	888 (5%)	6445 (8%)	15894 (11%)
	10-19 Yrs	3062 (17%)	12285 (15%)	20503 (14%)
	20-29 Yrs	8951 (51%)	26105 (33%)	35336 (25%)
	30-39 Yrs	1784 (10%)	10066 (12%)	19073 (13%)
	40-49 Yrs	896 (5%)	6405 (8%)	15535 (11%)
	50-59 Yrs	1020 (5%)	6658 (8%)	13912 (9%)
	60-69 Yrs	391 (2%)	4774 (6%)	9829 (7%)
	70+ Yrs	480 (2%)	4772 (6%)	9338 (6%)

Median HH Income		$34,110	$46,684	$62,298
Total Household Income	< 24K	2458 (39%)	7111 (26%)	8807 (18%)
	25-49K	1766 (28%)	7192 (26%)	10432 (22%)
	50-74K	1017 (16%)	4460 (16%)	8135 (17%)
	75-99K	442 (7%)	3222 (11%)	6342 (13%)
	100-199K	453 (7%)	4167 (15%)	10429 (22%)
	200K+	81 (1%)	1046 (3%)	3003 (6%)

Highest Education Level	No Diploma	650	3780	7760
	Diploma or GED	1304	7589	15172
	Some College	1908	10983	20575
	Assoc. Degree	455	2816	5802
	Bachelors Degree	1980	10303	20453
	Higher Degree	1072	6518	12215

Total Housing Units		7,196	30,663	51,483
--Owner-Occupied		555	9,399	23,329
--Renter-Occupied		5,664	17,799	23,819
Owner-Occupied Values	< 100K	113	966	2499
	100-199K	183	3189	5884
	200-299K	131	3265	9459
	300-399K	63	1273	3620
	400-499K	33	298	934
	500K+	32	408	933

Total Working Age Population		16,317	67,416	115,861
In Work Force		10,964	45,082	79,304
Not In Work Force		5,354	22,334	36,557
Workforce Employed		10,208	42,261	75,372
Workforce Unemployed		727	2,772	3,865
Civlian Workforce		10,935	45,032	79,237
Military Workforce		29	50	67

Total Households		6,218	27,198	47,148
Family Households		1,667	12,916	27,873
Non-Family Households		4,551	14,281	19,275
Married Couple		937	8,623	20,633
Other Family		730	4,293	7,240
Married w/Child		315	3,478	9,492
Single Male w/Child		41	467	738
Single Female w/Child		286	1,538	2,675

Population Change Last Two Decades - Plus Projection

	2000	%	2010	%	2020	%	2030
Texas	20,851,820	+21	25,145,561	+18	29,677,668	+18	34,894,452
Denton County	432,976	+53	662,614	+36	897,953	+37	1,234,110

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No part of this information may be copied, reproduced, repurposed, or screen-captured for any commercial purpose without prior written authorization from MyEListing.

While we strive to provide the most accurate information, all listing information, and demographic data, is provided by third-parties. As such, MyEListing will not be responsible for the accuracy of the information. It is strongly recommended that you verify all information with the listing agent, and any relevant agencies, prior to making any decisions.

Common Questions and Answers

What is the asking price for 500 Fort Worth Drive in Denton?

The asking price for 500 Fort Worth Drive is $5,900,000

What is the building size of this Retail property in Denton, TX?

The size of the building/unit at 500 Fort Worth Drive in Denton is 13,388 square feet

What kind of Retail is the propery at 500 Fort Worth Drive?

The property at 500 Fort Worth Drive Denton, TX 76201 is listed as a Shopping Center Retail property

What is the population within 1 mile of 500 Fort Worth Drive in Denton?

The population within 1 mile of 500 Fort Worth Drive Denton, TX 76201 is 17,470 people.

Who do I contact for questions about 500 Fort Worth Drive?

You should contact the listing agent, Sam House, for any details regarding this commercial listing.

Other Listings for Sale Nearby

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222 West Hickory Street, Denton, TX	$1,900,000	9133	-
222 W Hickory St, Denton, TX	$995,000	5813	0.59
2204 San Jacinto Blvd, Denton, TX	CALL	63761	-
803 West University Drive, Denton, TX	$1,495,327	2000	1
1444 West University Drive, Denton, TX	CALL	3000	0.92
2307 Interstate 35E, Denton, TX	CALL	10279	0.5
2231 South Loop 288, Denton, TX	CALL	46092	3.18
6600 S Interstate 35, Corinth, TX	CALL	10000	24.2

Closest Commercial Airports

Airport	Distance (mi)
Dallas Fort Worth International Airport (DFW)	22
Dallas Love Field (DAL)	30
Sheppard Air Force Base-Wichita Falls Municipal Airport (SPS)	95