Hwy 83 & 23rd st - Fast Food FOR SALE
Penitas, TX 78576 |
$2,182,000 USD
214-915-8896
Hwy 83 & 23rd st
Penitas, TX 78576
HIGHLIGHTS
- 2026 Construction. 3,700+/- SF Building on 1.33+/- Acre Site
- Prime Location within Liberty Corners Retail Center – Direct Frontage on US-83, a Rapidly Growing Retail Corridor Shadow-Anchored by Walmart
- Directly Adjacent to Future Penitas Crossing – 58-AC Master-Planned Retail Center w/ Burlington, Ross, Marshalls, Five Below, LongHorn, & Olive Garden
- Penitas, TX is Rapidly Transforming into a Regional Retail Destination Fueled by Millions in Investment from Major National Retailers
- Tenant Strength: McDonald’s USA, LLC, BBB S&P, is the World’s Most Valuable Restaurant Brand with $40.5B in 2025 Revenue
- Penitas, TX | Part of McAllen-Edinburg-Mission MSA: Emerging as a Powerhouse in Cross-Border Commerce | MSA Population: 1M+
FOR SALE DETAILS
PRICE
$2,182,000 USD
PRICE/SF
$590 USD /SF
CAP RATE
3.85%
% LEASED
-
TENANCY
Single
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
Corporate McDonald's
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Fast Food
ADD'L SUBTYPES
Freestanding, Restaurant, undefined
TOTAL BUILDING SIZE
-
STORIES
1
YEAR BUILT
2026
SPRINKLERS
-
PARKING SPACES
-
LAND DETAILS
LAND ACRES
1.33 AC
LAND SF
57,935 SF
ZONING
F1
APN/PARCEL ID
H4250-01-000-0233-00
ASK ABOUT THIS PROPERTY
Please correct the highlighted field(s).
214-915-8896
By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.
Please correct the highlighted field(s).
214-915-8896
By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.
