Viridian Marketplace
New End Cap Tenant | Fully Stabilized Retail
Marketing description
DuWest Realty Investment Services is pleased to present the opportunity to acquire WellMed 3 Tenant Retail ("the Property") located at 500 Fort Worth Dr. (31,0290 VPD) in Denton, Texas. The property benefits from direct access to I-35 (139,230 VPD) and is positioned less than one mile from the University of North Texas, home to more than 47,000 students. Surrounded by dense multifamily and student housing developments, the center is well situated to capture both daily consumer demand and long-term growth trends.
The tenant lineup is anchored by essential service providers, including WellMed, a primary care provider backed by Optum and UnitedHealth Group, and Avoca Coffee, a popular local coffee brand with multiple DFW locations. The property also features a 1,427 SF vacancy, offered as a one-year master lease, providing immediate income stability and leasing opportunity to new ownership.
Denton continues its rapid growth transformation from a small college town into a thriving regional submarket. Denton County’s population has surged nearly 13% since 2020 and over 40% since 2010, making it one of the fastest-growing counties in Texas. The city has been recognized among Texas’ top business climates, driven by robust infrastructure and strong ties to UNT and Texas Woman’s University. Major developments such as Hillwood’s 3,200-acre Landmark project—planned for 6,000 new homes and five million square feet of mixed-use space—are accelerating demand, while H-E-B’s upcoming Denton location, slated for 2026 delivery, further underscores the market’s strength.
WellMed 3 Tenant Retail offers investors a stable service-oriented tenant mix in a prime growth market, supported by exceptional demographics, institutional developments, and long-term regional momentum.
Investment highlights
Located in highly trafficked corridor, less than one mile from UNT with ouver 47,000 students
Situated amongst dense multifamily and student housing developments
Denton’s population has grown nearly 13% since 2020 and over 40% since 2010
Essential service tenant lineup — WellMed & Avoca Coffee Roasters
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