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501-511 W University Dr
1,918 - 9,536 SF of Office/Retail Space Available in Denton, TX 76201
Highlights
- Delivering Q4 2022
- Ample Parking
- Completely Updated and Remodeled
- Shell Condition, TI Available
Space Availability (4)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor, Ste 511-100 | 1,918 SF | Negotiable | Upon Request Upon Request Upon Request Upon Request Upon Request Upon Request | TBD | ||
| 1st Floor, Ste 511-200 | 2,154 SF | Negotiable | Upon Request Upon Request Upon Request Upon Request Upon Request Upon Request | TBD | ||
| 1st Floor, Ste 511-300 | 2,655 SF | Negotiable | Upon Request Upon Request Upon Request Upon Request Upon Request Upon Request | TBD | ||
| 1st Floor, Ste 511-400 | 2,809 SF | Negotiable | Upon Request Upon Request Upon Request Upon Request Upon Request Upon Request | TBD |
501-511 W University Dr - 1st Floor - Ste 511-100
Restaurant/Retail with University Frontage
- Can be combined with additional space(s) for up to 9,536 SF of adjacent space
501-511 W University Dr - 1st Floor - Ste 511-200
Restaurant/Retail with University Frontage
- Can be combined with additional space(s) for up to 9,536 SF of adjacent space
501-511 W University Dr - 1st Floor - Ste 511-300
Restaurant/Retail
- Can be combined with additional space(s) for up to 9,536 SF of adjacent space
501-511 W University Dr - 1st Floor - Ste 511-400
Restaurant/Retail
- Can be combined with additional space(s) for up to 9,536 SF of adjacent space
Rent Types
The rent amount and type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The rent type will vary depending upon the services provided. For example, triple net rents are typically lower than full service rents due to additional expenses the tenant is required to pay in addition to the base rent. Contact the listing broker for a full understanding of any associated costs or additional expenses for each rent type.
1. Full Service: A rental rate that includes normal building standard services as provided by the landlord within a base year rental.
2. Double Net (NN): Tenant pays for only two of the building expenses; the landlord and tenant determine the specific expenses prior to signing the lease agreement.
3. Triple Net (NNN): A lease in which the tenant is responsible for all expenses associated with their proportional share of occupancy of the building.
4. Modified Gross: Modified Gross is a general type of lease rate where typically the tenant will be responsible for their proportional share of one or more of the expenses. The landlord will pay the remaining expenses. See the below list of common Modified Gross rental rate structures: 4. Plus All Utilities: A type of Modified Gross Lease where the tenant is responsible for their proportional share of utilities in addition to the rent. 4. Plus Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of cleaning in addition to the rent. 4. Plus Electric: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical cost in addition to the rent. 4. Plus Electric & Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical and cleaning cost in addition to the rent. 4. Plus Utilities and Char: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the utilities and cleaning cost in addition to the rent. 4. Industrial Gross: A type of Modified Gross lease where the tenant pays one or more of the expenses in addition to the rent. The landlord and tenant determine these prior to signing the lease agreement.
5. Tenant Electric: The landlord pays for all services and the tenant is responsible for their usage of lights and electrical outlets in the space they occupy.
6. Negotiable or Upon Request: Used when the leasing contact does not provide the rent or service type.
7. TBD: To be determined; used for buildings for which no rent or service type is known, commonly utilized when the buildings are not yet built.
PROPERTY FACTS FOR 501-511 W University Dr , Denton, TX 76201
| Center Type | Strip Center | Frontage | 298’ on W University Dr |
| Parking | 120 Spaces | Gross Leasable Area | 20,460 SF |
| Stores | 1 | Total Land Area | 2.53 AC |
| Center Properties | 1 | Year Built | 1962 |
| Center Type | Strip Center |
| Parking | 120 Spaces |
| Stores | 1 |
| Center Properties | 1 |
| Frontage | 298’ on W University Dr |
| Gross Leasable Area | 20,460 SF |
| Total Land Area | 2.53 AC |
| Year Built | 1962 |
About the Property
This retail center is located at the corner of two of Denton's main artery roads, University Drive and Carroll Boulevard. With over 32,000 VPD, this location provides excellent visibility and access. This prime location is an excellent opportunity for Restaurant and Retail alike.
- Dedicated Turn Lane
- Signalized Intersection
Nearby Major Retailers
Presented by
501-511 W University Dr
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