600 S Bicentennial Blvd - Medical FOR SALE


McAllen, TX 78501- Downtown McAllen
$3,000,000 USD
210-381-3722
600 S Bicentennial Blvd, McAllen, TX for Sale
$3,000,000 USD
Medical - FOR SALE
1/10
null | Request Cap Rate

600 S Bicentennial Blvd
McAllen, TX 78501
Downtown McAllen


OVERVIEW

Great opportunity for an end-user to acquire a medical office building in McAllen, Texas! This 29,232 SF single story building is located on a busy thoroughfare with high visibility and easy access. Grifols (plasma donation) currently occupies 13,357 SF and recently renewed their lease through 2027. Tenant has two (2) five (5) year lease renewals available with a possible lease term through 2037. The remaining approximate 15,875 SF is built-out as a medical office with various patient rooms, nurse stations, and medical practitioners offices available for an end-user or future tenant. -Tenant 1: Talecris Plasma Resources (Established Long Term Lease) -Large parking lot with approx. 218 parking spaces -Strong demographics -Highly visible and easy access

FOR SALE DETAILS

PRICE

$3,000,000 USD

PRICE/SF

$103 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Owner User

BUILDING DETAILS

PROPERTY NAME

Medical Property Investment

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Medical

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

B

YEAR BUILT

1992

SPRINKLERS

-

PARKING SPACES

218

LAND DETAILS

LAND ACRES

2.48 AC

LAND SF

108,029 SF

ZONING

C-4

APN/PARCEL ID

H0900-00-040-0022-00

ASK ABOUT THIS PROPERTY

Marcelino GarciaKW Commercial - HeritageMore Info
210-381-3722

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Marcelino GarciaKW Commercial - HeritageMore Info
210-381-3722

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