SOLD | Burger King | 2215 West University Drive
2215 WEST UNIVERSITY DRIVEDenton, TX 76201
- INVESTMENT SALE FOR SALE
- Denton
- Building Size: 2,866
- Total SF: 29,980
- Total Acres: 0.67
- GLA(SF): 2,866
- CONTACT FOR MORE INFORMATION
Overview
- Absolute NNN ground lease with zero Landlord responsibilities
- Tenant is operating under a new 20 year lease with 19 years remaining with a 10% increase in rent every 5 years
- Property was recently built in 2019 with the new Burger King prototype building
- Property is centered between the University of North Texas, Texas Women's University and Texas Health Presbyterian Hospital of Denton
- Area retailers include Walmart, Sam's Club, WinCo Foods, Albertsons, Academy Sports + Outdoors, a future H-E-B and many more
Traffic Counts
- West University Drive :
- 27,581 vpd
- North Bonnie Brae Street:
- 18,980 vpd
Demographics
| YEAR 2019 | 1 Mile | 3 Mile | 5 Mile |
|---|---|---|---|
| Total Population | 6,319 | 64,246 | 109,725 |
| Total Households | 2,798 | 24,529 | 41,899 |
| Average Household Income | $70,173 | $53,794 | $66,705 |
| 5 Year Population Growth | 25.9% | 9.3% | 10.5% |
