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Denton, TX 76208 2701 Hartlee Field Road
$1,950,000
22 more
Presented By: Joseph Peterson with Briko Realty Services; (214) 725-5961
Home Details
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.
Presented By: Joseph Peterson with Briko Realty Services; (214) 725-5961
Interior Features for 2701 Hartlee Field Road
Other Interior Features
SQFT Gross12000
Lock Box TypeSee Remarks
FlooringCarpet, Concrete
Total Stories2
Total Units1
General for 2701 Hartlee Field Road
Building UseOffice
Business TypeAdministrative and Support, Financial, Professional Office, Professional Service, Other
Buyer Agent Compensation1
Buyer Agent Compensation Type%
Ceiling Height11 to 14 Feet
CityDenton
Construction MaterialsAluminum Siding
CoolingCentral Air
CountyDenton
DirectionsHead northeast on E Sherman Dr toward Hartlee Field Rd
Turn right onto Hartlee Field Rd
Turn left
Gross Annual Expenses55286.00
HeatingCentral, Electric
Occupant TypeTenant
PossessionClosing/Funding, Negotiable, Subject to Lease, Other
Property SubTypeOffice
Property TypeCommercial Sale
RoofMetal
Security FeaturesKey Card Entry, Prewired, Security System
Standard StatusActive
StatusActive
Subdivision NameHb Williams
Tenant PaysAll Utilities
Unexempt Taxes9996
UtilitiesConcrete, Electricity Connected, Well
Virtual Tour URL UnbrandedClick here
Will SubdivideNo
Year Built2004
Year Built DetailsPreowned
Zoning DescriptionMixed Use Commercial/ Residential
Exterior for 2701 Hartlee Field Road
Building Area Total12000.00
Construction Materials WallsMetal, Other, Texture
Foundation Slab
Lot FeaturesAcreage
Lot Size1 to < 3 Acres
Lot Size Acres1.1500
Lot Size Area1.1500
Lot Size SourcePublic Records
Lot Size Square Feet50094.0000
Lot Size UnitsAcres
Parking FeaturesDriveway
Additional Details
Price History
Makenzie Bates
Realtor