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1431-1437 E McKinney Street Denton, TX $ 6,400,000
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1431-1437 E McKinney Street
$ 6,400,000
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1431-1437 E McKinney Street

Denton, TX, 76209
$ 6,400,000
Bedrooms-- Baths--

Monthly Estimate*

$ 39,406

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Commercial Property for sale in Denton, TX

for $6,400,000. This building was built in 2019 on a lot size of 6.11.

Prime Investment Opportunity – Bank-Owned Stone & Stucco Retail Center in Denton, TX and in an Opportunity Zone, directly north of and across McKinney Street from the Denton County Courts Complex.... Offered at $6,400,000..... 28,698 SF.....6 Plus Acres..... 1031 Exchange Candidate.... this stone & stucco exterior retail strip center presents an exceptional opportunity for investors seeking both stability and upside potential...... The center spans 28,698 square feet across 3.65 acres.... (plus 2+ acres of extra acreage)...... with 46% occupancy as of June 2025..... immediate income with substantial room for value-add leasing and additional development. 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....Permanent 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....

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Commercial Active

Price

$ 6,400,000

Property Type

Commercial

Taxes

$ 72,000

Style

Retail

Lot Size

6.11

Year Built

2019

Town/City

Denton

County/Region

Denton

MLS | Web ID

21104206
Features
General
Heating Other
Cooling Other
Utilities All Weather Road City Sewer City Water Concrete Curbs Electricity Connected
Ceiling Height 8 to10 Feet 11 to 14 Feet Suspended
Possession Closing/Funding Subject to Lease
Roof Built-Up
Exclusions All furniture fixtures and equipment belong to the tenants.
Year Built 2019
Topography almost flat
Business Type Commercial Grocery Mixed Professional Office Professional Service Restaurant Retail
Business Name Denton Justice Plaza
Building Number 1431
Property Subtype Retail
Subdivision Name Denton Justice Plaza
Occupant Type Tenant
County Denton
Property Type Commercial Sale
Construction Materials Frame Rock/Stone Stucco
Year Built Details Preowned
Special Notes Other
Status Active
Directions From Highway Interstate 35
City Denton
Standard Status Active
Listing Terms 1031 Exchange Cash Conventional
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Exterior
Waterfront 0
Lot Features Acreage Corner Lot Level
Lot Size Source Appraiser
Parking Features Additional Parking Concrete Off Street On Street Parking Lot
Lot Size 5 to < 10 Acres
Foundation Slab
Building Area Total 28698.00
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Interior
Flooring Concrete
Occupancy Rate 46
Total Stories 1
Total Units 11
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Internal Only
Street Number 1 1431
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* Excluded Features
List By
Steve Cook

Listing Agent

Era Steve Cook & Co, Realtors

Broker

Affordability Calculator

$45,406
Per Month
87%
13%
0%
Monthly Principal & Interest
$39,406
Monthly Property Taxes
$6,000
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
288163 Elementary School
288375 Middle School
Unknown High School High School
See complete school information
Pricing History
Date Price Price Change Description
11/13/2025 $6,400,000 Listed Price

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1431-1437 E McKinney Street, Denton, TX, 76209 is a Commercial Property for sale at $6,400,000 with a lot size of 6.11. 1431-1437 E McKinney Street was built in 2019. The property's zip code is 76209 which is in Denton, TX

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