6324 S 23rd St - Retail FOR SALE


McAllen, TX 78503- Airport District
$2,800,000 USD
956-844-3870
6324 S 23rd St, McAllen, TX for Sale
$2,800,000 USD
Retail - FOR SALE
1/6
null | 5.66% Cap Rate

6324 S 23rd St
McAllen, TX 78503
Airport District


HIGHLIGHTS

  • HARDCORNER
  • INDUSTRIAL AREA
  • GOOD RENTAL HISTORY

OVERVIEW

Prime Rental Opportunity in South McAllen- Situated on a highly visible hard corner in the rapidly expanding industrial hub of South McAllen, this well-established plaza offers an exceptional rental history. Just minutes from the McAllen/Reynosa Bridge, the property spans approximately 2.4+/- acres and features a 12,000+/- sq. ft. building with additional storage space utilized by tenants. With a strong history of consistent rent rolls, the plaza is home to a diverse mix of successful businesses, including a convenience store, restaurant, check cashing office, bar, and more. This property presents a unique investment opportunity in a high-demand location with proven tenant retention. OTHER FEATURES: Natural Gas, 2000gal Grease Trap (services 3 suites), bathroom areas are considered common areas C-store and check cash company), Owner has rent rolls on file will be delivered upon offer/LOI

FOR SALE DETAILS

PRICE

$2,800,000 USD

PRICE/SF

$170 USD /SF

CAP RATE

5.66%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

NORTHWEST HARDCORNER W/ NEIGHBORHOOD CENTER

PROPERTY TYPE

Retail

ADD'L SUBTYPES

Bar, Convenience Store, Restaurant

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1983

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

2.47 AC

LAND SF

107,593 SF

ZONING

COMMERCIAL MIX

APN/PARCEL ID

O7550-00-000-000A-00

ASK ABOUT THIS PROPERTY

Ramon PecinaZapphire Real Estate GroupMore Info
956-844-3870

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Ramon PecinaZapphire Real Estate GroupMore Info
956-844-3870

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