4037 W Expressway 83 - Health Club FOR SALE


McAllen, TX 78503- Airport District
$4,518,000 USD
972-755-5205
4037 W Expressway 83, McAllen, TX for Sale
$4,518,000 USD
Health Club - FOR SALE
1/4
null | Request Cap Rate

4037 W Expressway 83
McAllen, TX 78503
Airport District


HIGHLIGHTS

  • 33,465-SF Three-Story Former Fitness Anchor at 83 Citrus Grove (62,137-SF Neighborhood Center)
  • Adjacent to Top-Performing Academy Sports and Outdoors (Top 3 Percent Nationally by Foot Traffic)
  • Frontage and Visibility Along Interstate Highway 2 (Expressway 83 | 122,798 VPD)
  • Dense Trade Area with 191,375 Residents and 257,155 Daytime Employees (5-Mile Radius)
  • Surrounded by Ongoing and Planned Mixed-Use and Hospitality Development
  • Flexible Re-Tenanting or Redevelopment Opportunity

OVERVIEW

The offering presents a 33,465-square-foot, three-story former fitness anchor with prominent frontage along Interstate Highway 2 (Expressway 83), which carries approximately 122,798 vehicles per day. Built in 2015, the property benefits from strong visibility and adjacency to a top-performing Academy Sports and Outdoors ranked in the top three percent nationally by foot traffic. Supported by a dense trade area of 191,375 residents and 257,155 daytime employees within five miles, the asset offers a flexible re-tenanting or redevelopment opportunity along one of McAllen’s most active commercial corridors.

FOR SALE DETAILS

PRICE

$4,518,000 USD

PRICE/SF

$73 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Former Health Club (122,798 VPD)

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Health Club

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2015

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1.43 AC

LAND SF

62,137 SF

ZONING

CO

APN/PARCEL ID

C4940-00-000-0100-00,C4940-00-000-0185-00

ASK ABOUT THIS PROPERTY

Vincent KnippKnipp Wolf Net Lease Group | Marcus & MillichapMore Info
972-755-5205

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

Vincent KnippKnipp Wolf Net Lease Group | Marcus & MillichapMore Info
972-755-5205

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