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1409 & 1317 E McKinney St. Denton, TX 1409 E McKinney St 3,655 SF 100% Leased Office Building Denton, TX 76209 $1,784,780 CAD ($488.31 CAD/SF) 7.54% Cap Rate
Investment Highlights
- Two-building portfolio sale
- Abundant parking
- Stabilized investment with long-term tenants in place
- Directly across from the Denton County Courthouse
- Professional office suites with quality finish-outs
- High-visibility McKinney Street frontage
Executive Summary
East McKinney Law Buildings presents a rare opportunity to acquire two office buildings in one of Denton's most established professional corridors. Located at 1317 and 1409 E McKinney Street, directly across from the Denton County Courthouse, this stabilized investment offers strong visibility, long-term tenancy, and a premier location near Historic Downtown Denton.
The portfolio consists of two multi-tenant office buildings totaling approximately 5,965 square feet:
1317 E McKinney St: ±2,310 SF, two-suite office building
1409 E McKinney St: ±3,655 SF, three-suite office building
The properties are fully positioned for continued professional office use and offer flexibility for future retail or service-oriented tenants. Tenants benefit from excellent access, abundant parking, façade signage opportunities, and walkability to the Denton County Courthouse and downtown business district.
The portfolio consists of two multi-tenant office buildings totaling approximately 5,965 square feet:
1317 E McKinney St: ±2,310 SF, two-suite office building
1409 E McKinney St: ±3,655 SF, three-suite office building
The properties are fully positioned for continued professional office use and offer flexibility for future retail or service-oriented tenants. Tenants benefit from excellent access, abundant parking, façade signage opportunities, and walkability to the Denton County Courthouse and downtown business district.
Property Facts
Sale Type
Investment
Property Type
Office
Property Subtype
Office/Residential
Building Size
3,655 SF
Building Class
B
Year Built
2018
Price
$1,784,780 CAD
Price Per SF
$488.31 CAD
Cap Rate
7.54%
NOI
$134,625 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Typical Floor Size
3,655 SF
Building FAR
0.32
Lot Size
0.26 AC
Opportunity Zone
Yes
Zoning
Commercial - Commercial
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Fairly walkable
50/100
Exceptionally drivable
100/100
Some public transit
40/100
Fairly bikeable
50/100
Property Taxes
| Parcel Number | R699477 | Improvements Assessment | $882,770 CAD |
| Land Assessment | $189,481 CAD | Total Assessment | $1,072,251 CAD |
Property Taxes
Parcel Number
R699477
Land Assessment
$189,481 CAD
Improvements Assessment
$882,770 CAD
Total Assessment
$1,072,251 CAD
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1409 & 1317 E McKinney St. Denton, TX | 1409 E McKinney St
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