713-900-3011
6500 N 10th St, McAllen, TX for Sale
Storefront - FOR SALE
1/7
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6500 N 10th St
McAllen, TX 78504
Downtown McAllen


HIGHLIGHTS

  • Recently updated multi-tenant retail center with consistent cash ?ow and immediate upside
  • Significant value creation opportunity with below market rents, substantial near-term lease rollover and absence of fixed price renewal options
  • Near the dominant retail intersection of N 10th and Trenton, the Property is surrounded by top performing and category-leading anchor tenants
  • Well maintained asset with recent capital improvements including a new pylon sign, exterior repainting and a resurfaced and restripped parking lot
  • Diversi?ed mix of service-oriented and daily-needs tenants spanning healthcare, ?nancial services, childcare, and complementary uses
  • Adjacent to dense neighborhoods with average household incomes within a one-mile radius exceeding $90,000, 43% higher than Rio Grande Valley

OVERVIEW

Edge Realty Capital Markets is pleased to present the opportunity to acquire Colonnade of McAllen, a 41,041 square foot, recently updated neighborhood retail center located in McAllen, Texas. This well-maintained, fully leased asset features a diverse mix of service-based, daily needs national, regional, and local tenants positioned to serve both the immediate trade area and a broad secondary market extending beyond a ?ve-mile radius. The Property is situated within McAllen, one of the most dynamic and fastest-growing markets in Texas. Positioned at the hard corner of the signalized intersection of N. 10th Street and Martin Avenue, the Property bene?ts from excellent visibility and access to nearly 33,000 cars per day, with an additional 23,000+ cars per day at the nearby regional intersection of 10th and Trenton, directly to the north. Drawing more than 19.5 million annual visits, not including international visitors, the 10th and Trenton retail hub is home to several top-performing national tenant locations, creating exceptional cross-traf?c opportunities. The McAllen trade area serves as the primary retail, medical, educational, and cultural hub of the Rio Grande Valley, attracting shoppers and visitors from across South Texas and northern Mexico. Supported by strong population growth, signi?cant cross-border spending, and a diverse economic base, McAllen consistently ranks among the most active retail markets in Texas. The area bene?ts from robust household incomes, a well-educated workforce, and major regional employers in healthcare, education, and logistics.

FOR SALE DETAILS

PRICE

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CAP RATE

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% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront

ADD'L SUBTYPES

Storefront Retail/Office

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2004

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

2.77 AC

LAND SF

120,661 SF

ZONING

Commercial

APN/PARCEL ID

S6765-00-000-0001-00

ASK ABOUT THIS PROPERTY

Micha Van MarckeEDGE Capital MarketsMore Info
713-900-3011

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Micha Van MarckeEDGE Capital MarketsMore Info
713-900-3011

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