Turnkey Office-Retail
1409 E McKinney St Denton, TX 76209
1409 E McKinney St, Denton, TX, 76209
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For Sale
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Turnkey office and retail suites in a newly constructed building, currently stabilized with long-term tenants.
Property Size5,965 SF
Price / SF$216.26
Days on Market51
Property Features for 1409 E McKinney St
General Information
- Standard status
- Active
- Size
- 5,965 SF
- Property subtype
- Office, Retail
Listing agency
Stag Commercial
(940) 400-7824
Listed by
John Withers · License #TX 557920
Source
Crexi
Added: Jun 1 Updated: Jul 10 at 1:49PM Checked: Jul 21 at 3:58AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Stag Commercial
Investment Insights
Based on property information with market context.
This offering consists of professional office and retail suites housed within a newly constructed building. The spaces are delivered with turnkey finish-out, supporting immediate occupancy for suitable tenants. The property is presented as stabilized, with long-term tenants already in place.
The building is located in a great, walkable area, with proximity to the Denton County Courthouse and near historic downtown Denton. This setting supports tenants seeking a centrally positioned address and a customer-facing environment where foot traffic from nearby destinations can be beneficial.
For buyers, the presence of long-term tenants can appeal to those looking for a stabilized configuration of professional office/retail space. For tenants, the turnkey finish-out can reduce downtime associated with buildout and move-in. The mix of office and retail uses also offers flexibility for businesses that need a polished, ready-to-operate setting.
The building is located in a great, walkable area, with proximity to the Denton County Courthouse and near historic downtown Denton. This setting supports tenants seeking a centrally positioned address and a customer-facing environment where foot traffic from nearby destinations can be beneficial.
For buyers, the presence of long-term tenants can appeal to those looking for a stabilized configuration of professional office/retail space. For tenants, the turnkey finish-out can reduce downtime associated with buildout and move-in. The mix of office and retail uses also offers flexibility for businesses that need a polished, ready-to-operate setting.
Key Highlights
- Newly constructed building with turnkey office/retail suite finish‑out
- Currently stabilized with long‑term tenants in place
- Professional office/retail suites
Local Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $161.1k | $27.00 |
| − Vacancy | −$36.2k | −$6.08 |
| EGI | $124.8k | $20.93 |
| − OpEx | −$31.2k | −$5.23 |
| NOI | $93.6k | $15.69 |
5,965 SF · lease $27.00/SF/yr · vacancy 22.50% · expense 25.00%
Alternative Uses
Best Use
Office B
$1.34M
$1.17M – $1.56M
NOI $93,613 @ 7.0% cap · market cap 7.26%
Second Best
Retail
$1.25M
$1.09M – $1.46M
NOI $87,384 @ 7.0% cap · market cap 6.77%
Theoretical Best
Office A
$1.86M
$1.63M – $2.17M
NOI $130,456 @ 7.0% cap · market cap 10.11%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Derek A. Adame, Attorney ...
Law Firm
Caroline Simone
Law Firm
Flores Harbour Law
Law Firm
Blake Law Office
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Rebecca Lively Law
Law Firm
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FAQs
What type of property is this?
Office units - Turnkey office and retail suites in a newly constructed building, currently stabilized with long-term tenants.
Where is this office units located?
The property is located at 1409 E McKinney St Denton, TX.
What is the asking price?
The asking price for this property is $1,290,000.
What are key features of this property?
This property features: Newly constructed building with turnkey office/retail suite finish‑out; Currently stabilized with long‑term tenants in place; Professional office/retail suites
