Fabiana Sanchez - Commercial Real Estate Showcase

Fabiana Sanchez Property Listings
Fabiana Sanchez
2575 E. Griffin Parkway
Mission, TX 78572
(956) 566-5971

1324 W Expressway 83

McAllen, TX 78501 - Downtown McAllen Submarket

Property Type:Retail Sub Type:Freestanding Status:Existing Year Built:1985
Building Size:14,500 SF Land Area:4 AC (174,240 SF)
For Sale Price:$7,500,000 Price/SF:$517.24
Cap Rate:-
Parking:59 Surface spaces are available; Ratio of 4/1,000 SF
14,500 SF is available to occupy upon purchase.

±4 acres zoned for commercial use with existing ±14,500 S.F. building. Ideal for Retail, Office, Hotel, etc.

Highway 83 and South Main Street. Direct exposure on Hwy 83. Blocks from McAllen Miller International Airport. Across from Simon's La Plaza Mall anchored by Macy's, Bealls, Dillard's Foley's, Foley's Home & Children Store, JC Penney, Joe Brand, and Sears.

APN R591381

Sale Notes:
Incredible Commercial development opportunity located directly across from La Plaza Mall and adjacent to the soon to be re-developed old Mcallen Civic Center. This 3.84 Acre C3 commercially zoned parcel includes a stand alone 14,257 Sq Ft Building currently operating as a high end Oriental rug store. With approximately 668 feet of Prime Frontage access to Expressway 83 (Interstate 2), and one block from busy 10th Street, This property has direct exposure to over 125,000 Vehicles per day. Investors, Developers, Hotels, Retail shoppings centers, Car Dealerships and other business types should take a closer look at one of the few opportunities that exist along one of the Rio Grande Valley's busiest corridors. Re-development opportunities exist for up to a 5 story building limited by air space restriction, or a 40,000 Sq Ft Building similar to the Rooms To Go store one block to the west.
With over 10 Million people within a 150 mile radius of this location, Consumers come from all over South Texas and Northern Mexico to shop at many of the national retailers that are in the area. The most significant attraction to the area is one of Simon Properties flagship stores (La Plaza Mall) which is currently undergoing a 221,000 sq ft expansion and remodeling project. La Plaza is anchored by Dillards, Macy's, JC Penny's, Banana Republic, Abercrombie, Gap, Joe Brand, and Many more. The unique location of this property to La Plaza mall and the future re-development of the old Mcallen Civic Center allows the new owner to capitalize on the future landscape of Mcallen.
C3 Commercially Zoned
All Utilities to Site
Located directly across from La Plaza Mall anchored by Dillards, Macy's, JC Penney's and currently adding 221,0000 sq ft of expansion
Direct access to Expressway 83 (Interstate 2) with 668 Ft of High way frontage
A traffic count of over 125,000 per day
1,500,000 in the Market area including Reynosa Mexico

Fabiana Sanchez
Fabiana Sanchez
(956) 566-5971

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