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2400 S McColl Rd
McAllen, TX 78503

$5,623,588 USD

Freestanding For Sale  •  4,650 SF

Property Details

  • Property Type Freestanding
  • Total Building Size 4,650 SF
  • Lot Size 1.79 AC
  • Year Built 2023
  • Cap Rate 5.10 %
  • Tenancy Single
0 Transit Score
34 Walk Score

Highlights

Long Term Absolute Net Lease Featuring 7.5% Rental Increases Every 5 Years and at Each Option.
Brand New 2023 Construction Featuring a Gas Station and Laredo Taco. Strong Performing Location per Placer.ai: Top 12% in the Chain.
Positioned Along Area’s Major Retail & Traffic Corridor: Features Easy Access and Excellent Visibility at a Signalized Hard Corner.
Densely Populated Affluent Area: Features an Average Household Income of $90k+ w/in a 1-Mile Radius and 216k+ People Residing w/in a 5-Mile Radius.
Significant Tax Benefits - Subject Property Qualifies for Tax Savings via Accelerated Depreciation and Cost Segregation.
Strong Tenant - The Company is Ranked #129 on Fortune Global 500 List with a S&P Investment Grade Credit Rating of “A”.
Cap Rate: 5.10 %

Public Transportation

AirportDriveWalkDistance
McAllen International 4 min - 1.7 mi
Alvin Mansour 858-373-3184 The Mansour Group of Marcus & Millichap
Alvin Mansour 858-373-3184 The Mansour Group of Marcus & Millichap