1901 W Morton St, Denison, TX 75020
Turnkey drive-through restaurant with dining capacity, walk-ins, and major infrastructure updates for fast-food or full-service concepts.
- Added:
- Dec 10, 2025
- Days on Market:
- 186
- Last Refresh:
- Jun 13 at 2:04 am
Property Features for 1901 W Morton St
General Information
- Standard status
- Active
- Size
- 2,432 SF
Listing agent Megan Christensen License #0682136 (903) 818-6079
Listing office Texas Life Real Estate (903) 818-6079
Listing date Dec 10, 2025
Source Exprealty
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HighLights
- Highly visible corner location at W. Morton St. (FM 120) and Juanita Drive with 14,000+ vehicles traveling Morton St. daily
- Turnkey drive‑through restaurant in operation, designed for fast‑food or full‑service dining concepts
- Restaurant offers seating for 52 guests plus additional seating capacity, with a drive‑through window added ~20 years ago
- Commercial updates include a 6‑year‑old commercial‑grade vent hood and a 6‑year‑old TPO roof
- Includes walk‑in cooler, walk‑in freezer, separate office, two bathrooms, and ample on‑site parking
- Located 1.4 miles east of Hwy 75, providing convenient regional access
Overview
Located at a highly visible corner of W. Morton St. (FM 120) and Juanita Drive, the property is positioned along a primary commercial corridor. The remarks cite more than 14,000 vehicles traveling Morton St. daily. FM 120 is described as a connector between Denison and Pottsboro, and the property is also noted as approximately 1.4 miles east of Hwy 75 for regional access.
Ideal for an operator seeking an immediately functional restaurant footprint, the site supports either a fast-food or full-service dining concept with existing equipment and layout elements that align with drive-through service. With current seating listed at 52 guests and additional seating capacity, the configuration can accommodate a range of menu styles while leveraging on-site kitchen walk-ins and dining space.
Local Financial Insights For Specialty Retail
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 | $60.7k | $24.96 |
| − Vacancy | −$3.0k | −$1.25 |
| EGI | $57.7k | $23.71 |
| − OpEx | −$14.4k | −$5.93 |
| NOI | $43.3k | $17.78 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Denison
- County
- Grayson
- State
- Texas
- Longitude
- -96.5638865
- Latitude
- 33.760797
