600 N Main St - Freestanding FOR SALE


Donna, TX 78537
$2,150,000 USD
956-237-8054
600 N Main St, Donna, TX for Sale
$2,150,000 USD
Freestanding - FOR SALE
1/8
null | 6.27% Cap Rate

600 N Main St
Donna, TX 78537


HIGHLIGHTS

  • High-Traffic Area
  • Surrounded by Offices and Homes
  • High- Retail Growth Area

OVERVIEW

600 N. Main St is a 2022-built, ±8,573 SF multi-tenant retail center on a signalized hard corner at Main St & Expressway 83 (I-2) in Donna, TX, with shared access to the adjacent CVS (platted as CVS-Donna Lot 2). Offered at $2,150,000, a 6.3% in-place cap ($134,820 NOI) with a clear path to ~7.7% stabilized ($165,204 NOI). Five of six suites are leased with income locked through 2027–2029, including a recently exercised World Finance renewal and boutique/daycare extensions through 2029. Value-add upside via lease-up of the single vacant 1,310 SF suite plus gross-to-NNN conversion at rollover. Located in the McAllen–Edinburg–Mission MSA — the 5th-largest and one of the fastest-growing metros in Texas (921K+ residents). Full financials, rent roll, and OM available to qualified buyers under CA.

FOR SALE DETAILS

PRICE

$2,150,000 USD

PRICE/SF

$243 USD /SF

CAP RATE

6.27%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2022

SPRINKLERS

-

PARKING SPACES

35

LAND DETAILS

LAND ACRES

0.64 AC

LAND SF

27,735 SF

ZONING

Commercial

APN/PARCEL ID

C9831-00-000-0002-00

ASK ABOUT THIS PROPERTY

Adrian RamirezBlack Rock Commercial Real EstateMore Info
956-237-8054

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Adrian RamirezBlack Rock Commercial Real EstateMore Info
956-237-8054

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