1400 W Griffin Pky - Storefront Retail/Office FOR SALE


Mission, TX 78572
$775,000 USD
956-245-0978
1400 W Griffin Pky, Mission, TX for Sale
$775,000 USD
Storefront Retail/Office - FOR SALE
1/7
null | 6.72% Cap Rate

1400 W Griffin Pky
Mission, TX 78572


HIGHLIGHTS

  • Fully Rented
  • Steady Cash Flow
  • Good Traffic Count on Griffin Pkwy

OVERVIEW

Fantastic Investment property now available For Sale in Mission TX! Located at the busy corner of W Griffin Parkway and Los Ebanos, this 5 unit commercial property is fully rented producing steady cash flow! Three of the units are leased to a thriving medical clinic, giving you a dependable long-term anchor tenant. Another unit is home to a popular nail salon, and the last is occupied by a busy vape shop with steady foot traffic. The corner lot gives ease of accessibility and visibility, things that tenants look for in a great location. Whether you're looking to add to your portfolio or just want a solid investment in a fast-growing market, this property checks the boxes for income, location, and long-term upside. Currently these 3 tenants bring in a gross monthly income of $6037.

FOR SALE DETAILS

PRICE

$775,000 USD

PRICE/SF

$201 USD /SF

CAP RATE

6.72%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Office

ADD'L SUBTYPES

Storefront, Medical

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2019

SPRINKLERS

-

PARKING SPACES

24

LAND DETAILS

LAND ACRES

0.53 AC

LAND SF

23,080 SF

ZONING

C3

APN/PARCEL ID

C4450-00-00A-0001-00

ASK ABOUT THIS PROPERTY

Brandon KrupalaKeller Williams Realty RGVMore Info
956-245-0978

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Brandon KrupalaKeller Williams Realty RGVMore Info
956-245-0978

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.