For Sale $1,250,000
Property Type Retail - Strip/Convenience
Lot Size 0.59 Acre
Year Built 1996
Date Updated Apr 28, 2024
Website www.cbcworldwide.com

Incredible Investment Opportunity! Present your offer for this revenue-generating strip center. Listed with a stabilized cap rate of 9.4%, this property is situated in a prime retail location within a semi-rural area. Currently boasting a 90% occupancy rate and featuring lower annual property taxes, it accommodates a variety of business users such as hair salons, restaurants, nail salons, phone stores, and office spaces—ideal for personal business ventures or rentals with a substantial return on investment potential. Additionally, there is an opportunity to negotiate cross-access with neighboring commercial property and a convenience store.

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Reach out to the broker for more info on lease terms and amenities

Highlights

Flooring: Luxury Vinyl
Cooling: Central A/C - Electric
Flooring: Tile
Flooring: Laminate
Exterior Description: Stucco
Lot Size: 1/2 - 1 Acre
Road Type: State Road
Flooring: Ceramic
Flooring: Concrete

Contacts

Ernest Garza

Coldwell Banker Commercial Rio Grande Valley

Location

Getting Around

Walk Score ®
13/100 Car-Dependent
Bike Score ®
30/100 Somewhat Bikeable

City La Blanca, TX
Neighborhood La Blanca
Zip Code 78558
Market McAllen

Points of Interest

Murphy USA

2.94 miles
H-E-B Fuel

2.98 miles
H-E-B Fuel

3.40 miles
Sunoco

6.55 miles
Exxon

6.72 miles
Valero

6.76 miles
Murphy USA

7.05 miles
Flying J

7.07 miles
H-E-B Fuel

7.74 miles
Circle K

7.78 miles

E23

7.98 miles
E24

7.98 miles
E22

8.02 miles
I

8.02 miles
H2

8.06 miles
H1

8.07 miles
E16

8.08 miles
G

8.12 miles
E25

8.14 miles
E13

8.20 miles

Whataburger

2.89 miles
McDonald's

2.90 miles
Subway

6.54 miles
Whataburger

6.58 miles
McDonald's

6.63 miles
Burger King

7.82 miles
Whataburger

7.89 miles
McDonald's

7.91 miles
Whataburger

7.92 miles
Quick Wok

7.94 miles

Walmart Supercenter

3.06 miles
H-E-B

3.35 miles
Walmart Supercenter

7.15 miles
Walmart Supercenter

7.61 miles
H-E-B

7.67 miles
Junior's Super market

7.89 miles
Burlington

8.14 miles
TJ Maxx

8.15 miles
Ross

8.16 miles
JCPenney

8.21 miles

Frequently Asked Questions

What is the lease rate for 13500 E State Highway 107?

Rental asking rate at 13500 E State Highway 107 is $625,000.00/YR.

What is the total square footage of 13500 E State Highway 107?

13500 E State Highway 107 totals 11,241 square feet.

When was this property built?

13500 E State Highway 107 was built in 1996.

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