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6400 N 10th

Mcallen, TX 78504
  • $2,800,000
  • STATUS: Active
  • ON SITE: 82 Days
  • MLS #: 419151
UPDATED: 72 min ago
$2,800,000
  • 0
    BEDS
  • 0.97
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 10,156
    SQFT
  • $276
    $/SQFT
Type:
Commercial
Built:
2006
County:
Area:

School Ratings & Info

Description

We are pleased to introduce a distinctive opportunity for investment in the form of 6400 N 10th, an income-generating property offered by NAI Rio Grande Valley. This property is positioned as a cornerstone within the North-Central McAllen Market Area, located along the eastern side of North 10th Street, south of Martin Avenue, and amid the Las Arboledas Office Park development. This property features a net rentable area of 10,081 square feet and presently operates at full occupancy with a diverse range of strong and stable tenants who have committed to long-term leases. Notably, the tenants of this property comprise Hotworx, Sergio Sanchez Law Firm, Endless Beauty Bar, Veritex Bank, and Blo Bar Gardenia. These five tenants, with lease agreements ranging from three to eight years, represent a reliable source of income for the foreseeable future. This high-traffic and desirable area offers investors an opportunity to benefit from McAllen's thriving business landscape.

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© 2024 Greater McAllen Association of Realtors Multiple Listing Service.
IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS or The Ryan & Brian Real Estate Team | Tierra Frontera, LLC. Data last updated: 2024-03-04T12:18:42.777.
www.ryanandbrian.com/homes/146017732
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6400 N 10th Mcallen, TX 78504

  • Price: $2,800,000
  • Status: Active
  • On Site: 82 Days
  • Updated: 72 min ago
  • MLS #: 419151
0
Beds
0
Baths
0
½ Baths
0.97
Acres
10,156
SQFT
$276
$/SQFT
2006
Built
Neighborhood:
Las Arboledas Office Park
County:
Hidalgo
Area:
Mcallen
Property Description
We are pleased to introduce a distinctive opportunity for investment in the form of 6400 N 10th, an income-generating property offered by NAI Rio Grande Valley. This property is positioned as a cornerstone within the North-Central McAllen Market Area, located along the eastern side of North 10th Street, south of Martin Avenue, and amid the Las Arboledas Office Park development. This property features a net rentable area of 10,081 square feet and presently operates at full occupancy with a diverse range of strong and stable tenants who have committed to long-term leases. Notably, the tenants of this property comprise Hotworx, Sergio Sanchez Law Firm, Endless Beauty Bar, Veritex Bank, and Blo Bar Gardenia. These five tenants, with lease agreements ranging from three to eight years, represent a reliable source of income for the foreseeable future. This high-traffic and desirable area offers investors an opportunity to benefit from McAllen's thriving business landscape.
Exterior Features

Carport Spaces 0 Carport YN No Construction Materials Stucco Covered Spaces 48 Garage YN Yes Grounds LandscapedMature TreesSidewalks Parking Features BlacktopHandicapPaved Parking Total 48 Road Frontage Type City Street Road Surface Type Paved Road Roof Metal

Interior Features

Appliances Electric Water Heater Cooling Central Air Cooling YN Yes Flooring Tile Heating Central Heating YN Yes

Property Features

Accessibility Features Handicap Access Association YN No Building Features Restrooms-Private Current Use Business ServiceOfficeProfessional ServiceRetail Green Energy Efficient Thermostat Other Equipment Pole SignRoof Sign Presently Leased YN Yes Property Sub Type Commercial Security Features Security Lights Tax Annual Amount 29173 Tax Year 2023 Water Source Separate Water Meters Zoning C3

Listing by Laura Paz of Nai Rio Grande Valley: 956-994-8900.
© 2024 Greater McAllen Association of Realtors Multiple Listing Service.
IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS or The Ryan & Brian Real Estate Team | Tierra Frontera, LLC. Data last updated: 2024-03-04T12:18:42.777.
 
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The Ryan & Brian Real Estate Team | Tierra Frontera, LLC
833 E. Esperanza Ave, Ste. A
McAllen TX, 78501