410 E Expressway 83 - Restaurant FOR SALE


McAllen, TX 78503- Airport District
$2,554,400 USD
619-944-6477
410 E Expressway 83, McAllen, TX for Sale
$2,554,400 USD
Restaurant - FOR SALE
1/3
null | 7.5% Cap Rate

410 E Expressway 83
McAllen, TX 78503
Airport District


HIGHLIGHTS

  • NNN with over 9 years remaining
  • 3% annual increases
  • Personal guaranty (net worth: $18 million)
  • Located off of the Interstate 2 with over 126,000 vehicles per day
  • Adjacent to Rio Grande Regional Hospital
  • Texas is an income tax-free state

OVERVIEW

Retail Investment Group is pleased to offer for sale this Surfing Crab in McAllen, Texas. This opportunity features a NNN lease with over 9 years remaining. Located off of Interstate 2, this ±5,000 square foot building sits on a ±0.81 acre lot. The building was built in 1999 and remodeled in 2026. Brian Brockman Broker - Bang Realty-Texas Inc Lic: 701472 513.898.1551 bor@bangrealty.com

FOR SALE DETAILS

PRICE

$2,554,400 USD

PRICE/SF

$511 USD /SF

CAP RATE

7.5%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Surfing Crab

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Restaurant

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1999

SPRINKLERS

-

PARKING SPACES

81

LAND DETAILS

LAND ACRES

0.81 AC

LAND SF

35,414 SF

ZONING

CO

APN/PARCEL ID

M2280-02-000-003A-00

ASK ABOUT THIS PROPERTY

Sean StephensonRetail Investment Group, LLCMore Info
619-944-6477

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Sean StephensonRetail Investment Group, LLCMore Info
619-944-6477

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