2717 Wind River LnDenton, TX 76210

For Sale
$1,300,000

Prime Denton Office, Excellent Cash Flow

Overview

Added:
Dec 11, 2024
Days on market:
92
This exceptional 5,940 square foot office building in Denton, Texas, presents a compelling owner-user opportunity. Constructed in 2008, the property is situated at 2717 Wind River Ln, 76210, and currently boasts 59% occupancy with tenants under triple net (NNN) leases, generating immediate cash flow. The building offers a versatile layout, including a 2,464 square foot vacant suite ideal for a variety of office uses, such as executive or medical offices. This suite is projected to generate additional income at a rate of $17.50 per square foot, contributing to a projected net operating income (NOI) of $99,594. The asking price is $1,300,000, translating to $218.86 per square foot, representing a below-replacement-cost acquisition for a savvy investor. The property's location in Denton County provides convenient access to local amenities and transportation networks. For qualified buyers, seller financing may be available. This multi-tenant investment opportunity offers a blend of immediate income and future growth potential, making it an attractive proposition for owner-occupants seeking a strategic investment in the thriving Denton market.

Highlights

  • $1,300,000 asking price for this Denton, TX office building.
  • 5,940 square feet of office space, ideal for executive or medical use.
  • Owner/user investment opportunity with potential for seller financing.
  • Currently 59% leased with strong existing cash flow; projected NOI of $99,594.
  • Located at 2717 Wind River Ln, Denton, TX 76210.

Location Insight

City
Denton
County
Denton
State
Texas
Latitude
33.1768215
Longitude
-97.1004863
2717 Wind River Ln, Denton, Texas

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2717 Wind River Ln
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