2900 Nolana Ave - Fast Food FOR SALE


McAllen, TX 78504- Downtown McAllen
$2,999,000 USD
818-907-9525
2900 Nolana Ave, McAllen, TX for Sale
$2,999,000 USD
Fast Food - FOR SALE
1/3
null | 6.8% Cap Rate

2900 Nolana Ave
McAllen, TX 78504
Downtown McAllen


HIGHLIGHTS

  • ABSOLUTE NNN CORPORATE LEASE: Zero landlord responsibilities providing passive, management free ownership backed by a nationally recognized brand
  • LONG-TERM OPERATING HISTORY (22+ YEARS): Proven location with over two decades of successful operating history, demonstrating strong tenant commitment
  • RECENT OPTION EXERCISE WITH FUTURE UPSIDE: Tenant has already exercised its first renewal option, signaling long-term confidence in the site
  • INCREASED CUSTOMER TRAFFIC: C-STORE & GAS SUBLEASE: Property benefits from enhanced site utility and increased traffic
  • HIGH-VISIBILITY SIGNALIZED CORNER: Strategically positioned at a signalized intersection offering strong access, visibility, and daily traffic counts
  • POPULATION GROWTH & EXPANSION: McAllen has experienced steady population growth of nearly 6% since 2020, with continued expansion and development

OVERVIEW

This offering presents a rare opportunity to acquire an absolute NNN corporate-leased asset providing truly passive, management-free ownership with zero landlord responsibilities. The property has demonstrated exceptional stability with over 22 years of continuous operating history, underscoring the strength of the location and long-term tenant commitment. Further reinforcing this stability, the tenant has already exercised its first renewal option, signaling confidence in the site, while two additional five-year options provide continued upside and income durability. The asset benefits from increased customer traffic driven by a complementary convenience store and gas station sublease, enhancing overall site performance while maintaining extensive environmental protections for the landlord. Strategically positioned on a high-visibility signalized corner, the property offers strong access and consistent daily traffic counts. Located within the McAllen MSA, a major economic hub in the Rio Grande Valley with a population exceeding 900,000, the site is supported by strong demographics and nearly 6% population growth since 2020, fueled by cross-border commerce and regional expansion. Additionally, the Texas location offers a favorable no state income tax environment, further enhancing investor returns and long-term appeal.

FOR SALE DETAILS

PRICE

$2,999,000 USD

PRICE/SF

$718 USD /SF

CAP RATE

6.8%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Absolute NNN Jack in the Box | McAllen TX

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Fast Food

ADD'L SUBTYPES

Convenience Store, Service Station, undefined

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2004

SPRINKLERS

-

PARKING SPACES

37

LAND DETAILS

LAND ACRES

1.27 AC

LAND SF

55,204 SF

ZONING

CO

APN/PARCEL ID

J1960-00-000-0001-00

ASK ABOUT THIS PROPERTY

Lior RegenstreifNNN Investment Group of Marcus & MillichapMore Info
818-907-9525

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Lior RegenstreifNNN Investment Group of Marcus & MillichapMore Info
818-907-9525

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