Pecan Plaza 3724 Pecan Boulevard, McAllen, TX Cap Rate 6.75% McAllen ( Texas, US ) Built

$2,532,000 USD
Dollars

BAI-MEX Bienes Raíces y Negocios

  • Type: Commercial
  • Style: Commercial
  • Size: 7,227 sq. ft.
  • Development Level: Built
  • Lot Size: 0.79 acres
  • Year Built: 2008

Description

Pecan Plaza 3724 Pecan Boulevard, McAllen, TX Cap Rate 6.75%

Cap Rate: 6.75%
NOI: $170,984
Building Size: 7,227 sqft
Lot Area: 0.79 acres
Year Built: 2008
Tenancy: Multiple

DESCRIPTION
100% Leased with Strong Tenant Mix: Combination of essential, daily needs, service, and restaurant based tenants
Dual Drive-Thru Property: Both building end caps have separate drive-thru lanes
Ample Parking: Huge 6.4:1,000 parking ratio
High Visibility Location: Prominently located on Pecan Boulevard, one of the trade area's main thoroughfares
South Texas College: Located 0.25 miles from the property with approximately 28,000 students
Extremely High-Growth Trade Area: 5-mile population has increased nearly 45% over the past 20 years and is expected to grow another 38% by 2040
Well Located Property: Located on Pecan Boulevard at the intersection of Pecan and Ware Road with over 57,000 cars per day.

For more information:
Javier Tamez Martínez.
jtamez@bai-mex.com
Celular: (81) 1599 75 36
# ID de Propiedad: 358038156
Podemos encontrar propiedades comerciales e industriales para invertir en cualquier ciudad y estado de estados unidos.

Attachments

P2#442480336
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Information is deemed to be correct but not guaranteed.