Listed by SVN VERUS Commercial
$1,900,000
222 W Hickory Investment
Details
Property Type Retail
Sub Type Restaurant
Square Footage 9,133
Cap Rate 7.3%
NOI $138,740
Occupancy 100%
Tenancy Multi
Lease Type NNN
Price per SqFt $208
Year Built 1930
Year Renovated 2006
Stories 1
Retail | 7.30% CAP | 9,133 SF
Marketing description
The subject property is a 100% NNN leased retail building. This is a unique opportunity to acquire a property in highly desirable Downtown Denton with a solid three tenant mix. This fully stabilized property also offers a buyer upside with rent escalations in place.
Investment highlights
This retail building is located in Historic Downtown Denton. This area is a highly desirable location for retail, restaurant and office users with excellent foot traffic and vibrant activity.
Listing Contacts
Listed by SVN VERUS Commercial
Valuation Calculator
Login or Sign up to see Valuation Metrics
Sign up for Crexi to see valuation metrics for this property
Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$138,740.00
$11,561.67/mo
Valuation Metrics
0
DSCR
7.3%
Cap Rate
7.3%
ROI
Map
Broker Selected Comps View More Comps
Property History
Similar Properties
Additional Information
Name
License
Brokerage
Brokerage Phone
Title
Brokerage Address
Is there information that looks off?
