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200 S Armstrong Ave 19,200 SF 100% Leased Retail Building Denison, TX 75020 $1,500,000 ($78.13/SF)

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INVESTMENT HIGHLIGHTS

Income producing property in the heart of Denison, divided into three separate units
Excellent visibility from Armstrong Ave (~7,600 vehicles per day), close to downtown Denison

Commercial zoning allows for uses such as retail, grocery, restaurant, and office

EXECUTIVE SUMMARY

Here is an excellent opportunity to own a large income producing property located in the heart of Denison. This building is comprised of three unique units, the first of which has been occupied by Family Dollar since 1994 (200 S. Armstrong). The other unit that faces Armstrong is over 6,400 sqft of vacant retail space with warehouse in the back (210 S. Armstrong). The third unit, which fronts Chestnut Street, is 2,400 sqft of recently updated space that is well suited for a retail business or an office (714 W. Chestnut). The building was recently painted and the roof has been inspected. Commercial zoning allows for a wide variety of uses including retail, grocery, restaurant, and office. The building has excellent visibility from Armstrong Ave (~7,600 vehicles per day), and is located on the edge of historic Downtown Denison. Call today to schedule a showing.

200 Armstrong Roof Report

Flyer for 200 S. Armstrong Ave

FINANCIAL SUMMARY (PRO FORMA - 2025)	ANNUAL	ANNUAL PER SF
Gross Rental Income	$99,996	$5.21
Other Income	$43,669	$2.27
Vacancy Loss	-	-
Effective Gross Income	$143,665	$7.48
Taxes	-	-
Operating Expenses	-	-
Total Expenses	$47,047	$2.45
Net Operating Income	$96,618	$5.03

FINANCIAL SUMMARY (PRO FORMA - 2025)

Gross Rental Income
Annual	$99,996
Annual Per SF	$5.21

Other Income
Annual	$43,669
Annual Per SF	$2.27

Vacancy Loss
Annual	-
Annual Per SF	-

Effective Gross Income
Annual	$143,665
Annual Per SF	$7.48

Taxes
Annual	-
Annual Per SF	-

Operating Expenses
Annual	-
Annual Per SF	-

Total Expenses
Annual	$47,047
Annual Per SF	$2.45

Net Operating Income
Annual	$96,618
Annual Per SF	$5.03

PROPERTY FACTS

Sale Type

Investment

Property Type

Retail

Property Subtype

Storefront

Building Size

19,200 SF

Building Class

Year Built

1968

Price

$1,500,000

Price Per SF

$78.13

Percent Leased

100%

Tenancy

Multiple

Building Height

1 Story

Building FAR

0.64

Lot Size

0.69 AC

Opportunity Zone

Yes

Zoning

C - Commercial

Frontage

120’ on Armstrong Ave

MAJOR TENANTS

Retailer
10,058 SF
$3.97
Single Net
Dec 2029

Family Dollar is a neighborhood-focused retailer committed to providing everyday essentials at affordable prices. With merchandise typically ranging from $1 to $10, Family Dollar offers a wide selection of competitively priced national brands alongside value-driven private labels. Customers can find food and beverages, paper goods, health and beauty products, pet supplies, home décor, apparel, seasonal items, and personal electronics—all in one convenient location. Family Dollar stores are strategically located in communities across the country, including underserved areas often lacking access to affordable retail options. By placing stores in these neighborhoods, Family Dollar helps improve the availability of essential goods while saving customers time and money. The company’s mission is rooted in delivering value, convenience, and reliability to families seeking quality products on a budget.