5101 E University Drive Unit 601, Denton, Texas 76208

$4,500,000
List Price
$4,500,000
MLS#
14083064
Status
ACTIVE
Type
Commercial
Year Built
2003
Construction Status
Preowned
Acres
5.22
County
Denton
Area
DENTON COUNTY (31)
City
Denton
Subdivision
Greenbelt Add

Property Description

Greenbelt Business Park. 5.2 acres on outskirts of City of Denton on 380 east bound. Just before the Lake Lewisville bridge. Large sign in front of property. Multiple buildings and multiple tenants. Currently all occupied. Owner also occupies and uses some of the space and buildings. Buyer will be able to use those buildings or put up for lease. Ample land for more development of similar buildings for lease. Wide variety of potential uses and types of business. High visibility and traffic on busy US 380 corridor. Extensive list of FF&E to convey with the property. Property uses well water and geothermal for efficiency which makes for low cost utilities. All buildings very well built. Inquire.

Additional Information

Unexempt Taxes
$12,691
Features
Fire Alarm, Multi-User, Security Lighting, Security System
Tenant Pays
Electric, Renters Insurance
Lot Size
227,208
Acres
5.22
Subdivided
No
Flooring
Carpet, Ceramic Tile, Concrete, Vinyl
Foundation
Slab
Roof
Built-Up, Composition, Concrete
Stories
1
Walls
Brick, Cement
Ceiling Height Type
11 to 14 Feet, 15 to 20 Feet, 8 to10 Feet
Street Utilities
Community Mailbox, Concrete, No City Services, Private Water, Septic, Well
Heating Cooling
Central Air-Elec, Central Heat-Elec, Geotherm
Parking Garage
Covered, Open
Road Frontage Desc
Concrete, U.S. Highway
Proposed Financing
Cash, Conventional, Owner Carry First, Owner Carry Second
Building Sq. Ft.
24507
Number of units
1
Leasable Sq Ft
24507
Business Name
Greenbelt Business
Building Use
Automotive, Bar/Taverns, Beauty/Barber, Building Services, Church, Food Service, Industrial, Medical, Office, Office/Warehouse, Restaurant, Retail, Schools
Inclusions
Building Only, Furniture, Inventory, Land & Improvements
Possession
30-60 Days, Negotiable

Mortgage Calculator

Amount of Loan
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Term of Loan
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Calculator source: Real Geeks

Listing courtesy of KELLER WILLIAMS REALTY.