2430 Interstate 35E

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2430 Interstate 35E

Denton, TX 76205
Asking Price
$13.07M
Cap Rate
7%
Asset Type
Retail
Class
Class B

What's Special

For Sale - 7% Cap - 100% Occupied <p><strong>Mark-to-Market Opportunity</strong></p><p><strong>–</strong> Below-market rents combined with staggered lease rollover provide new ownership the ability to increase rents and drive NOI growth over time.</p><p><strong>Strong Historical Tenancy</strong></p><p><strong>–</strong> 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.</p><p><strong>Built-In Rental Increases

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NOI
$80,000
Cap Rate
0.61%
DSCR
0.10
Underwater
Cash-on-Cash
-17.75%
Monthly Payment
$64,687.966
Annual Cash Flow
$-696,255.592

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