Denton, Texas, is an attractive destination for investors seeking to capitalize on the city's growing economy and diverse range of industries. Commercial Real Estate in Denton For Sale presents a unique opportunity for investors to tap into the city's strong educational services, health and social services, manufacturing, and retail sectors. With a population of around 140,000, Denton offers a sizable market for businesses to thrive. The city's infrastructure, including Denton Municipal Electric, Denton Municipal Utilities, and Atmos Energy, provides a solid foundation for commercial properties. Additionally, the city's location near Lewisville Lake and its proximity to Dallas and Fort Worth make it an attractive location for businesses seeking to establish a presence in the region. The University of North Texas, Texas Woman's University, and North Central Texas College are just a few of the educational institutions that contribute to the city's economic growth, making Commercial Real Estate in Denton For Sale an attractive investment opportunity. The city's cultural events, such as the Denton Arts and Jazz Festival, and its active music scene, also contribute to its appeal as a business destination.
Denton's Commercial Real Estate market offers a range of opportunities for investors, with 108 listings available for sale. The average price per square foot is $231 USD, and the average size of commercial properties is 25,889 square feet, with the largest property spanning 381,593 square feet. The average cap rate for commercial properties in Denton is 5.78%. In addition to Commercial Real Estate, Denton also offers Industrial Properties, Apartment Buildings, Office Properties, and Hotels, each with its own unique characteristics and investment opportunities. Industrial Properties in Denton offer access to the city's manufacturing sector, while Apartment Buildings provide a steady stream of income from renters. Office Properties in Denton are ideal for businesses seeking to establish a presence in the city, and Hotels cater to the city's growing tourism industry. With its diverse range of industries and investment opportunities, Denton is an attractive destination for investors seeking to capitalize on the city's growth.
What financing options are available for purchasing commercial real estate?
When it comes to financing options for purchasing commercial real estate in Denton, Texas, there are several alternatives to consider, including:
- Traditional commercial mortgages offered by banks and credit unions, which typically require a 20-30% down payment and offer fixed or adjustable interest rates;
- Small Business Administration (SBA) loans, which provide more favorable terms, such as lower down payments and longer repayment periods, for eligible small businesses;
- Alternative lenders and private money lenders, which offer more flexible terms and faster approval processes, but often at higher interest rates and fees.
How do cap rates factor into commercial real estate purchases?
When considering commercial real estate purchases in Denton, Texas, cap rates play a crucial role in evaluating the potential return on investment. With an average cap rate of 5.78%, investors can gauge the property's potential income-generating capabilities, making it essential to understand what is a cap rate and how it affects commercial real estate decisions, as outlined in our comprehensive article at what is a cap rate.
In Denton, where there are currently 108 available listings of commercial real estate, investors must carefully consider the cap rate in relation to the property's average price per square foot of $231 USD and average size of 25,889 square feet. By doing so, they can make informed decisions about their commercial real estate investments and maximize their returns.
What is considered a commercial property?
In Denton, Texas, a commercial property is typically defined as a building or land used for business or commercial purposes, such as office spaces, retail stores, restaurants, warehouses, and manufacturing facilities. These properties can range in size from 25,889 square feet to 381,593 square feet, and with an average price per square foot of $231 USD and an average cap rate of 5.78%, they offer a wide range of investment opportunities for businesses and investors alike.
