List Search

1020 S 23rd St
McAllen, TX 78501

$1,596,000 USD

Convenience Store For Sale  •  2,261 SF

Property Details

  • Property Type Convenience Store
  • Total Building Size 2,261 SF
  • Lot Size 0.19 AC
  • Building Class C
  • Year Built 1977
  • Cap Rate 5.70 %
  • Tenancy Single
  • Zoning UAB
0 Transit Score
74 Walk Score

Highlights

Recent 12-Year Lease Extension - Absolute Net Lease (Corporate Guarantee: 7-Eleven, Inc.)
South 23rd Street Location (19,215 VPD), Just Blocks From Interstate Highway 2 (145,438 VPD)
More Than 216,485 Residents Within a Five-Mile Radius
New Construction in the McAllen Convention Center District: Palm Crossing Phase II (30,000 SF of Retail Space), The Grove (7-Acre MixedUse), and a 140
Cap Rate: 5.70 %

Public Transportation

AirportDriveWalkDistance
McAllen International 4 min - 1.9 mi
Vincent Knipp 972-755-5205 Knipp Wolf Net Lease Group | Marcus & Millichap
Vincent Knipp 972-755-5205 Knipp Wolf Net Lease Group | Marcus & Millichap