Market Square - Denton, TX 400 N Loop 288 18,100 SF 100% Leased Retail Building Denton, TX 76209 $4,368,420 CAD ($241.35 CAD/SF) 7.37% Cap Rate
INVESTMENT HIGHLIGHTS
- Low in-Place Rent of $16.40/SF vs $20/SF Market Rate
- Good Demos: 68,859 3-Mile Population With $78,388 Average Income
- Significant Retail and Multi-Family Development on the Intersection of E McKinney St and Loop 288
- Value-Add DFW Neighborhood Strip Center
- Strong Traffic With Loop 288 Seeing 33,000+ VPD
- Center Has Ideal Frontage, Visibility, and Access
EXECUTIVE SUMMARY
Sands Investment Group is Pleased To Exclusively Offer For Sale the 18,100 SF Market Square Shopping Center on North Loop 288 in Denton, Texas. This is a Rare Value Add Opportunity in The Dallas-Fort Worth Metroplex With Low in-Place Rent and Short Term Leases
In Cooperation With Sands Investment Group Austin, LLC - Lic. #9004706 BoR: Max Freedman - Lic. TX #644481
In Cooperation With Sands Investment Group Austin, LLC - Lic. #9004706 BoR: Max Freedman - Lic. TX #644481
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Property Subtype
Building Size
18,100 SF
Building Class
C
Year Built/Renovated
1979/2009
Price
$4,368,420 CAD
Price Per SF
$241.35 CAD
Cap Rate
7.37%
NOI
$322,059 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.38
Lot Size
1.09 AC
Opportunity Zone
Yes
Zoning
COR
Parking
100 Spaces (5.52 Spaces per 1,000 SF Leased)
Frontage
247’ on Tx-288-loop
AMENITIES
- Dedicated Turn Lane
- Pylon Sign
MAJOR TENANTS
- TENANT
- INDUSTRY
- SF OCCUPIED
- RENT/SF
- LEASE TYPE
- LEASE END
- A Family Chiropractic
- Retailer
- 2,400 SF
- $26.64 CAD
- -
- Apr 2026
- Flowers' Bakery
- Accommodation and Food Services
- 2,200 SF
- $16.07 CAD
- -
- Oct 2028
- Maglenson Events
- Retailer
- 2,300 SF
- $23.01 CAD
- Modified Gross
- Nov 2026
- Pizza Hut
- Accommodation and Food Services
- 1,230 SF
- $16.85 CAD
- Net
- -
- Simmons Floorcovering
- Retailer
- 8,870 SF
- $23.52 CAD
- -
- Apr 2026
- Skin Cabinet Facial Spa
- Retailer
- 1,100 SF
- $27.24 CAD
- Modified Gross
- May 2028
| TENANT | INDUSTRY | SF OCCUPIED | RENT/SF | LEASE TYPE | LEASE END | |
| A Family Chiropractic | Retailer | 2,400 SF | $26.64 CAD | - | Apr 2026 | |
| Flowers' Bakery | Accommodation and Food Services | 2,200 SF | $16.07 CAD | - | Oct 2028 | |
| Maglenson Events | Retailer | 2,300 SF | $23.01 CAD | Modified Gross | Nov 2026 | |
| Pizza Hut | Accommodation and Food Services | 1,230 SF | $16.85 CAD | Net | - | |
| Simmons Floorcovering | Retailer | 8,870 SF | $23.52 CAD | - | Apr 2026 | |
| Skin Cabinet Facial Spa | Retailer | 1,100 SF | $27.24 CAD | Modified Gross | May 2028 |
PROPERTY TAXES
| Parcel Number | R39232 | Improvements Assessment | $2,618,034 CAD |
| Land Assessment | $329,226 CAD | Total Assessment | $2,947,261 CAD |
