2507 Cage blvd - Flex FOR SALE


Pharr, TX 78577- East McAllen
$1,000,000 USD
956-502-0238
2507 Cage blvd, Pharr, TX for Sale
$1,000,000 USD
Flex - FOR SALE
1/19
null | 10.3% Cap Rate

2507 Cage blvd
Pharr, TX 78577
East McAllen


HIGHLIGHTS

  • Prime Location: Situated at the intersection of Cage Blvd and Hall Acres Rd, offering excellent visibility and accessibility.
  • Fully Leased: All suites are currently leased to long-term tenants, providing immediate rental income.
  • Versatile Drive-Through: Suite 700 includes a drive-through window, ideal for businesses like a pharmacy, restaurant, or other drive-through services.
  • Flexible Space: A rear garage, previously a small warehouse, has been converted to retail but can be reconfigured to its original setup as a warehouse
  • Private Offices & Bathrooms: All suites include private offices and bathrooms for tenant convenience.
  • Ample Parking: Shared parking between suites, providing adequate space for most businesses.

OVERVIEW

Step into an attractive 8,188?SF, single-story flex building strategically situated at the hard corner of Cage Blvd & Hall Acres Rd. This location provides maximum visibility in the busy Pharr corridor Built in 2009 and fully occupied by long-term, creditworthy tenants. . At $1,000,000, this asset is offered well below replacement cost, a rare find in the rapidly growing upper Rio Grande Valley. With a 10.3% cap rate at the asking price, this property delivers steady, hassle-free cash flow from day one The shared parking lot provides adequate parking for most business and client needs. Suite 700, one of the end cap spaces, is deal for pharmacies, quick-service eateries, or banks. This is a true passive income opportunity with strong upside.

FOR SALE DETAILS

PRICE

$1,000,000 USD

PRICE/SF

$122 USD /SF

CAP RATE

10.3%

% LEASED

-

TENANCY

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Flex

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2009

UTILITIES

-

CLEAR CEILING HT

-

DOCKS

-

DRIVE INS

-

PARKING SPACES

38

LAND DETAILS

LAND ACRES

0.78

LAND SF

34,179

ZONING

-

APN/PARCEL ID

P6452-00-000-0002-00

ASK ABOUT THIS PROPERTY

Esteban FloresEffective Real EstateMore Info
956-502-0238

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Esteban FloresEffective Real EstateMore Info
956-502-0238

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