www.crexi.com - The Commercial Real Estate Exchange
Subscribe to Intelligence for full access
Analyze more property details including ownership and financial history. Share advanced property insights with your clients and teams.
Subscribe to Intelligence for full access
Analyze more property details including ownership and financial history. Share advanced property insights with your clients and teams.
32029885

2430 Interstate 35E, Denton, TX 76205

DW
TX 697886, TX TX 697886
Wenz Investment Group
Listed by Wenz Investment Group
$13,075,000
46 days on market
Updated 46 days ago

Southridge Village

Details
Property Type Retail
Square Footage 54,414
Net Rentable (SqFt) 54,414
Cap Rate 7.00%
NOI $915,319
Occupancy 100%
Tenancy Multi
Lease Type NNN
Year Built 1987
Buildings 1
Acreage 3.670
Ground Lease No

For Sale - 7% Cap - 100% Occupied

Marketing description

Mark-to-Market Opportunity

Below-market rents combined with staggered lease rollover provide new ownership the ability to increase rents and drive NOI growth over time.

Strong Historical Tenancy

13 of 23 tenants have operated at the Property for 10+ years, with 9 tenants in place for over 20 years, demonstrating exceptional tenant retention and long-term stability.

Built-In Rental Increases

The majority of leases feature healthy contractual rent escalations within the primary term, providing consistent organic NOI growth.

Durable, Service-Oriented Tenant Mix – The Property is anchored by a diverse mix of necessity-based and service-oriented tenants, driving consistent foot traffic and reducing exposure to e-commerce disruption.

Irreplaceable Hard Corner Location – Positioned at the signalized intersection of I-35E and Loop 288, the Property benefits from unmatched visibility, full access, and exposure to significant daily traffic counts.

High-Traffic Retail Corridor – Located along one of Denton’s primary retail arteries, the center captures consistent consumer traffic driven by surrounding national retailers, dense rooftops, and commuter flow.

Strong Demographics & Population Growth – Denton continues to experience rapid population and economic growth, supported by a highly educated workforce, major universities, and its strategic position within the DFW Metroplex.

Stable In-Place Cash Flow with Upside – The combination of long-term tenancy and below-market rents provides investors with durable current income and a clear path to future revenue growth.

Investment highlights

Mark-to-Market Opportunity

Below-market rents combined with staggered lease rollover provide new ownership the ability to increase rents and drive NOI growth over time.

Strong Historical Tenancy

13 of 23 tenants have operated at the Property for 10+ years, with 9 tenants in place for over 20 years, demonstrating exceptional tenant retention and long-term stability.

Built-In Rental Increases

The majority of leases feature healthy contractual rent escalations within the primary term, providing consistent organic NOI growth.

Durable, Service-Oriented Tenant Mix – The Property is anchored by a diverse mix of necessity-based and service-oriented tenants, driving consistent foot traffic and reducing exposure to e-commerce disruption.

Irreplaceable Hard Corner Location – Positioned at the signalized intersection of I-35E and Loop 288, the Property benefits from unmatched visibility, full access, and exposure to significant daily traffic counts.

High-Traffic Retail Corridor – Located along one of Denton’s primary retail arteries, the center captures consistent consumer traffic driven by surrounding national retailers, dense rooftops, and commuter flow.

Strong Demographics & Population Growth – Denton continues to experience rapid population and economic growth, supported by a highly educated workforce, major universities, and its strategic position within the DFW Metroplex.

Stable In-Place Cash Flow with Upside – The combination of long-term tenancy and below-market rents provides investors with durable current income and a clear path to future revenue growth.

Listing Contacts

DW
TX 697886, TX TX 697886
Wenz Investment Group
Listed by Wenz Investment Group

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
$915,319.00
$76,276.58/mo

Valuation Metrics

0
DSCR
7%
Cap Rate
7%
ROI

Map

Broker Selected Comps View More Comps

Property History

Intelligence Badge

Tax History

Intelligence Badge

Similar Properties

View All

Additional Information

Name
Daniel Wenz
License
697886
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
Is there information that looks off?
For assistance, reach out to our support team at [email protected] or call 888.273.0423 . For press inquiries, contact [email protected]
Equal Housing Opportunity
5510 Lincoln Blvd #400, Los Angeles, CA 90094Commercial Real Estate Exchange, Inc.Crexi Technologies, LLCCXTechnology, LLC
© 2026 Commercial Real Estate Exchange, Inc. All Rights Reserved. DRE #02086591