4801 Colbath Rd - Warehouse FOR SALE


McAllen, TX 78503- Airport District
$6,600,000 USD
972-482-0111
4801 Colbath Rd, McAllen, TX for Sale
$6,600,000 USD
Warehouse - FOR SALE
1/17
null | Request Cap Rate

4801 Colbath Rd
McAllen, TX 78503
Airport District


HIGHLIGHTS

  • High Grossing Business Included - Inquire for Financials
  • Absentee Owner
  • Appx 30,000 SF Plus 1,950 SF Group Party Mezzanine
  • Trampoline, Sky Rope, Rock Climbing, Bumper Cars, Virtual Reality, and Arcade
  • New VR Machines on Order
  • 2023 Renovations

OVERVIEW

Marcus & Millichap is pleased to offer for sale the business and the real estate of Sky Park Trampoline Park located in Rio Grande Valley in McAllen, Texas. The property was built in 2016 and is approximately 30,000 square feet on 2-acre lot. Not included in the square footage is a 1,950 square feet mezzanine for group activities on the second floor. The facility was renovated in 2023 with roof repairs, new HVAC, new bumper cars, new carpets throughout, paint, landscaping and new VR machines are on order. The business generates high gross sales year-over-year and provides breathtaking adventures that include Trampoline, Sky Rope, Sky Rock Climbing Wall, Bumper Cars, Virtual Reality, Arcade, and also rare extensive toddler section not found in other places. The business currently runs on absentee-ownership. Rio Grande Valley is located 250 miles south of San Antonio near the Texas-Mexico border. The metro's proximity to Mexico makes trade and logistics important drivers of local economy, with several logistics companies and large hospitals in the area. The region maintains the largest land port for fresh produce imports from Mexico with 160,000 loads of produce transported in a typical year. The region's 2020 population is 1,368,000 which is rapidly growing and is expected to add 84,200 (9.5%) residents over the next five years. This is a great opportunity for existing trampoline park operators, investors, absentee owners that are looking for a proven location in truly bustling Texas and Mexico border town of McAllen.

FOR SALE DETAILS

PRICE

$6,600,000 USD

PRICE/SF

$220 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Very Profitabale Trampoline Park w/ Building

PROPERTY TYPE

Industrial

PROPERTY SUBTYPE

Warehouse

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2016

UTILITIES

-

CLEAR CEILING HT

-

DOCKS

-

DRIVE INS

-

PARKING SPACES

100

LAND DETAILS

LAND ACRES

2

LAND SF

87,120

ZONING

-

APN/PARCEL ID

S2950-00-000-0167-35

ASK ABOUT THIS PROPERTY

William KimMarcus & MillichapMore Info
972-482-0111

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William KimMarcus & MillichapMore Info
972-482-0111

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