CORTNEY KELLEY
Marta Nieto
BSA Realty
1721 W. Plano Pkwy, Ste 124, Plano, TX 75075
phone: 972-814-6354
fax: 214-5409441
e-mail: ck@ckdreamhomes.com
www.cortneykelley.com
Marta Nieto
BSA Realty
1721 W. Plano Pkwy, Ste 124, Plano, TX 75075
phone: 972-814-6354
fax: 214-5409441
e-mail: ck@ckdreamhomes.com
www.cortneykelley.com
![]() BSA Realty phone: 972-814-6354 fax: 214-5409441 www.cortneykelley.com 1721 W. Plano Pkwy Ste 124 Plano, TX 75075 |
1431-1437 McKinney Street, Denton, Texas 76209, USA
MLS#:
21104206
Property Type:
Commercial for sale, Retail
Property Size:
28,698 sqft (2,666.044 m2)
Land size:
6.11 sqft (0.57 m2)
Building Size:
25,729 sqft (2,390.2 m2)
2019
Year Built:
Metal, Rock/Stone
Construction:
Stucco
Exterior Description:
Resale
Condition:
Handicapped Features
Property Features:
suspended ceilings
Interior Description:
Concrete
Floors:
City Water, City sewer
Utilities:
Corner Lot, Curbs
Lot Description:
On Slab
Basement and Foundation:
Built-Up
Roofing:
Parking Lot, On Street
Parking type:
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 $4,850,000..... 25,729 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....
Listing by: Steve Cook & Co, REALTORS
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