The Catch
Updated Pricing | Newly Renewed NNN Ground Lease | High Sales Volume | 1-Mile From Razor Ranch | De
Marketing description
The Catch (The “Property”) is a premier NNN investment opportunity featuring a 1,800 SF single-tenant restaurant on 0.6061 acres, located at 1725 W University Drive in Denton, Texas. Originally built in 1977, the property is currently occupied by The Catch. The Catch exercised their options extending their lease, which is now set to expire September 2030.
Only one mile from Razor Ranch, Denton's new mixed-use development, the property benefits from strong consumer traffic, attracting nearly 127,000 visitors over the past year. The population within three miles exceeds 75,000 residents, reflecting more than 10% growth over the past five years, with an additional 5% growth projected over the next five years. The daytime population grows to 113,594, further boosting demand for retail and dining services in the area.
Investment highlights
Future Re-Lease or Redevelopment Upside: Upon lease expiration, a new owner has the flexibility to re-lease the site to a national tenant or pursue a high-value redevelopment opportunity.
Premier Ground Lease Opportunity: Single-tenant, 1,800 SF restaurant on 0.6061 acres, offering passive income with zero landlord responsibilities.
Strong Tenant Commitment: The Catch currently occupies the property and has recently resigned a new 5-year lease.
Exceptional Location & Traffic Exposure: Positioned along W University Drive with visibility to over 39,000 vehicles per day and surrounded by leading national retailers including Starbucks, McDonald’s, Wendy’s, Sonic, ALDI, McAlister’s Deli, and Torchy’s Tacos.
High Growth Trade Area: More than 75,000 residents within a three-mile radius with over 10% population growth over the past five years, and an additional 5% projected over the next five years.
Robust Daytime Population: Daytime population nearly doubles to 113,594, driving strong demand for retail and dining services.
Significant Retail Development Nearby: 1-mile from Razor Ranch, where thirteen new national retailers, including Portillo’s, Double Dave’s, Ulta Beauty, Target, Waffle House, Smoothie King, and CVS, have opened along W University Drive in the past year.
Attractive Denton Market Fundamentals: Denton is one of the fastest-growing cities in the Dallas-Fort Worth metroplex, anchored by major universities, a strong employment base, and continued residential and commercial expansion, supporting long-term tenant demand.
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