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Property Details:

County or Parish
Denton
Lot Size
1 to < 3 Acres
Lot Size (Acres)
2.1100
Lot Size Area
2.1100
Lot Size (Square Feet)
91911.6000
Zoning Description
Planned Development

Interior Information:

Ceiling Height
8 to10 Feet,11 to 14 Feet,Suspended
Heating
Natural Gas,Other
Cooling
Central Air,Other
Flooring
Concrete
Stories Total
1

Exterior Information:

Lot Features
Acreage,Corner Lot
Lot Size
1 to < 3 Acres
Acres
2.1100
Waterfront
No

Commercial Info:

Building Area Total
25729.00
Building Use
Church,Office,Restaurant,Retail,Other
Freight Doors
No Dock

Map

Flood information: FEMA National Flood Hazard Layer (NFHL). Coverage varies; no shading does not mean no flood risk. This map is informational, not an official flood determination for insurance or lending. Verify current maps at the FEMA Map Service Center.

MLS 21338790

1431 E McKinney Street

Denton, Texas
$3,900,000
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Type: Commercial Sale
Year Built: 2019
Prime Investment Opportunity – Bank-Owned Stone & Stucco Retail Center in Denton, TX and in an Opportunity Zone, directly north of and across E McKinney Street from the Denton County Courts Complex.... Offered at $3,900,000..... 25,729 SF.....2 Plus Acres..... 1031 Exchange Candidate.... this stone & stucco exterior retail strip center presents an exceptional opportunity for investors seeking upside potential...... The center spans 25,729 square feet... with 46% occupancy as of July 2026..... immediate income with substantial room for value-add leasing. Strategically positioned in a high-traffic, growing commercial corridor, this asset benefits from strong visibility and proximity to Denton Courts Complex, restaurants, and local businesses.....could be an ideal location for an Hourly Attorney's Center to serve the attorneys who are in trial across the street at the Denton Courts... This property is bank-owned and could qualify as a candidate for an IRS §1031 Tax-Deferred Exchange, making it ideal for investors seeking to reinvest proceeds and defer capital gains tax...... Additionally......Land ID shows the property lies within a Federally Designated Opportunity Zone.... offering significant long-term tax incentives...... Investors who reinvest capital gains into Qualified Opportunity Zone Property may benefit from....Deferral of Capital Gains Tax until the investment is sold or exchanged....Reduction of deferred gain depending on the holding period....Possible exclusion of additional gains from the Opportunity Zone tax benefits if held for 10 years or longer......This rare combination of income-producing tenancy, development potential, Opportunity Zone tax benefits, and bank-owned pricing positions this property as an attractive acquisition for value-add, long-term investors, or 1031 exchange buyers......Come look today....
Active Option Contract
Listed by: Steve Cook
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Tony C Hager

Tony C Hager

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