708 N Conway Ave - Freestanding FOR SALE


Mission, TX 78572
$3,200,000 USD
956-465-2000
708 N Conway Ave, Mission, TX for Sale
$3,200,000 USD
Freestanding - FOR SALE
1/9
null | Request Cap Rate

708 N Conway Ave
Mission, TX 78572


HIGHLIGHTS

  • Shadow-anchored by H-E-B, a major regional grocer attracting strong daily traffic
  • Fully leased retail center providing immediate in-place cash flow
  • Upside potential with below-market rents and conversion opportunities to NNN leases
  • Positioned on N. Conway Avenue with 20,000 vehicles per day for strong visibility
  • Located in a high-growth trade area with projected population nearing 171,000 within 5 miles
  • Surrounded by national tenants, including Walmart, Family Dollar, and major QSR brands

OVERVIEW

ICO Real Estate is pleased to exclusively offer for sale an H-E-B shadow-anchored retail center located within a high-growth corridor surrounded by national retailers. The property represents a compelling investment offering investors stable in-place cash flow from day one, along with meaningful value-add upside through the ability to increase below-market. This combination of existing income and future NOI growth creates a rare opportunity in one of South Texas’ fastest-growing markets.

FOR SALE DETAILS

PRICE

$3,200,000 USD

PRICE/SF

$427 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Two Retail Centers - HEB Grocery out parcel

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1997

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.43 AC

LAND SF

18,731 SF

ZONING

General Commercial

APN/PARCEL ID

M5200-00-119-0001-00,M5200-00-119-0007-00,M5200-00-119-0008-00

ASK ABOUT THIS PROPERTY

Alejandro Garza, MPSRE, CCIMICO Real EstateMore Info
956-465-2000

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Alejandro Garza, MPSRE, CCIMICO Real EstateMore Info
956-465-2000

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