4108 E University Drive, Denton, Texas 76208

$4,150,000
List Price
$4,150,000
MLS#
14446847
Status
ACTIVE
Type
Commercial
Year Built
1954
Construction Status
Preowned
Acres
8.53
County
Denton
City
Denton
Subdivision
M Forrest

Property Description

Outstanding multi-use, commercial property entirely facing the premiere US Hwy 380 corridor which is currently experiencing dynamic, diverse commercial development stretching from Denton to Collin County. The Denton vendor market includes an operational tire dealership and auto & truck leasing and sales enterprise. Property has great potential for future site for apartment community, retail, or public storage facility. Presently, the market is producing positive cashflow from rents for weekend sales booths and approximately 300 parking spaces. It has been officially reported that a new construction housing community will be built on adjoining acreage (South) within the next 2 years. Call agent for financials.

Additional Information

Features
Other
Gross Annual Expenses
1
Gross Annual Income
1
Tenant Pays
Renters Insurance
Lot Dimensions
Metes and Bounds
Lot Size
371,566
Acres
8.53
Subdivided
No
Flooring
Ceramic Tile, Vinyl
Foundation
Pier & Beam
Roof
Concrete
Stories
1
Walls
Texture
Ceiling Height Type
8 to10 Feet
Street Utilities
Asphalt, Concrete, Curbs, Overhead Utilities
Heating Cooling
No Air, No Heat
Parking Garage
Uncovered
Road Frontage Desc
U.S. Highway
Proposed Financing
Cash
Building Sq. Ft.
71138
Number of units
10
Leasable Sq Ft
71138
Business Name
Bus incl bus tenants
Building Use
Automotive, Other, Storage Warehouse
Inclusions
Business, Land & Improvements, Other
Possession
Closing/Funding

Mortgage Calculator

Amount of Loan
Annual Interest Rate
%
Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of United Real Estate.