2701 Hartlee Field Road Denton, TX $ 1,950,000
2701 Hartlee Field Road
$ 1,950,000
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2701 Hartlee Field Road

Denton, TX, 76208
$ 1,950,000
Baths0.0

Monthly Estimate*

$ 13,621

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Studio

Commercial Property for sale in Denton, TX

for $1,950,000. This building was built in 2004 on a lot size of 1.15.

Great investment property occupied by a fortune 500 company with a long term graduated term lease. Cap rate average is 6% and NOI averages $117,000 yearly, both of which will increase as lease amount increases over next 3 years. Located on the North side of Denton off of Loop 288 and Hwy 428 in a high growth area. This is a class B office building featuring 12,000 sq ft, reception area, training room, break room, gym with basketball court, open bull pen spaces, large conference rooms and private office. This property also includes 3 efficiency apartments with stable tenants. Property sits on 1.15 acres with ample parking. Long term tenant in place with a graduated lease through 2027.

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Commercial Active

Price

$ 1,950,000

Bedrooms

Studio

Property Type

Commercial

Taxes

$ 9,996

Style

Office

Lot Size

1.15

Year Built

2004

Town/City

Denton

County/Region

Denton

MLS | Web ID

20560346

Features
General
Heating Central Electric
Cooling Central Air
Utilities Concrete Electricity Connected Well
Ceiling Height 11 to 14 Feet
Possession Closing/Funding Negotiable Subject to Lease Other
Roof Metal
Year Built 2004
Business Type Administrative and Support Financial Professional Office Professional Service Other
Property SubType Office
Subdivision Name Hb Williams
Occupant Type Tenant
County Denton
Property Type Commercial Sale
Construction Materials Aluminum Siding
Year Built Details Preowned
Status Active
Directions Head northeast on E Sherman Dr toward Hartlee Field Rd Turn right onto Hartlee Field Rd Turn left
City Denton
Buyer Agent Compensation 1
Street Name Hartlee Field
Standard Status Active
Buyer Agent Compensation Type %
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Exterior
Lot Features Acreage
Lot Size Source Public Records
Parking Features Driveway
Lot Size 1 to < 3 Acres
Foundation Slab
Building Area Total 12000.00
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Interior
Flooring Carpet Concrete
Total Stories 2
Total Units 1
Street Suffix Road
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Internal Only
Street Number 1 2701
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* Excluded Features
List By
Joseph Peterson

Listing Agent

Briko Realty Services

Broker

Affordability Calculator

$14,454
Per Month
94%
6%
0%
Monthly Principal & Interest
$13,621
Monthly Property Taxes
$833
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
288163 Elementary School
288375 Middle School
Unknown High School High School
Pricing History
Date Price Price Change Description
3/15/2024 $1,950,000 Listed Price

Map


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2701 Hartlee Field Road, Denton, TX, 76208 is a Commercial Property for sale at $1,950,000 with a lot size of 1.15. 2701 Hartlee Field Road is a studio with 0.0 baths and was built in 2004. The property's zip code is 76208 which is in Denton, TX