818 East Sycamore Street

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818 East Sycamore Street

Denton, TX 76205
Asking Price
$2.20M
Asset Type
Commercial Land
Class
Class B

What's Special

±5,789 SF Former Bar | Value-Add / Redevelopment Opportunity | High-Growth Denton Market <ul><li>​Value-add commercial opportunity with strong upside potential</li><li>​Former bar with flexible layout for retail, restaurant, or event use</li><li>​Located in rapidly growing Denton, TX near UNT & TWU</li><li>​±5,789 SF building on ±0.5 acres with on-site parking</li><li>​High-demand submarket with strong population and rental growth</li><li>​Ideal for owner-user, investor repositioning, or redevelopment</li><li>​Opportunity to increase rents through renovation and lease-up</li><li>​Ex

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NOI
$80,000
Cap Rate
3.64%
DSCR
0.61
Underwater
Cash-on-Cash
-7.67%
Monthly Payment
$10,884.4
Annual Cash Flow
$-50,612.796

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