Rio Bank Building

1655 N. 23rd St., McAllen, TX 78501

  • For Sale $1,950,000
  • Property Type Office - General Office
  • Property Size 10,849 SF
  • Lot Size 2.05 Acre
  • Additional Rent Contact for pricing
  • Building Class B
  • Date Updated Sep 4, 2024
SEC Quince and N. 23rd St. McAllen, TXSale-Lease Back Opportunity Great income producing property located in the heart of McAllen, TX. This two-story property will have a bank as a Tenant on the ground floor with offices on the 2nd floor available to rent. Plenty of parking for clients, guests and visitors. Seller financing available for qualified buyers.

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Attachments

Highlights

  • Rent Roll From Rio Bank
  • Year 1 - 3 $16,000/month Year 4 - 6 $16,320/month
  • Renewal Option Year 7 - 9 $16,646/month Renewal Option Year 10 - 12 $16,979/month
  • Potential additional income of about $11,800/month -- 5,900 Sq. Ft. estimated at $2.00/psf
  • Estimated CAM -- $0.50/psf

Contacts

broker

Adrian Abel Arriaga

The Arriaga Group

Location

Getting Around

  • Walk Score ®

    79/100 Very Walkable

  • Bike Score ®

    66/100 Bikeable
Powered by Walk Score ®
  • City McAllen, TX
  • Neighborhood McAllen
  • Zip Code 78501
  • Market McAllen

Points of Interest

  • Exxon

    0.68 miles

  • H-E-B Fuel

    0.99 miles

  • Murphy USA

    1.44 miles

  • Sunoco

    1.49 miles

  • Valero

    1.67 miles

  • Exxon

    1.74 miles

  • Valero

    2.10 miles

  • Valero

    2.24 miles

  • 76

    2.31 miles

  • H-E-B Fuel

    2.34 miles

  • Car Rental Lot

    2.75 miles

  • 5

    4.81 miles

  • 6

    4.89 miles

  • 1

    4.90 miles

  • 3

    4.96 miles

  • 2

    4.99 miles

  • Visitor Bus Parking

    5.42 miles

  • E8

    7.10 miles

  • E35

    7.13 miles

  • B1

    7.15 miles

  • Casa De Palmas, Trademark Collection by Wyndham

    1.19 miles

  • Home2 Suites McAllen

    1.74 miles

  • Cambria Hotel McAllen Convention Center

    1.82 miles

  • Embassy Suites McAllen Convention Center

    1.87 miles

  • La Quinta Inn & Suites by Wyndham McAllen Convention Center

    1.88 miles

  • La Quinta Inn & Suites by Wyndham McAllen La Plaza Mall

    1.99 miles

  • Clarion Inn near McAllen Airport

    2.21 miles

  • Super 8 by Wyndham McAllen/Downtown/La Plaza Mall

    2.21 miles

  • Days Inn by Wyndham McAllen

    2.24 miles

  • Comfort Suites At Plaza Mall

    2.26 miles

  • McDonald's

    1.02 miles

  • Jack in the Box

    1.04 miles

  • Whataburger

    1.05 miles

  • Wingstop

    1.08 miles

  • Schlotzsky's

    1.23 miles

  • McDonald's

    1.28 miles

  • McDonald's

    1.39 miles

  • Wendy's

    1.45 miles

  • Stars Drive-In

    1.48 miles

  • Whataburger

    1.50 miles

  • South Texas College Pecan Plaza

    0.21 miles

  • Achieve Early College High School

    0.38 miles

  • McAllen High School

    0.52 miles

  • Jose Antonio Navarro Elementary School

    0.53 miles

  • Juan Seguin Elementary School

    0.59 miles

  • Francisca Alvarez Elementary School

    0.61 miles

  • South Texas College Pecan Campus

    0.74 miles

  • Crockett Elementary School

    0.78 miles

  • New Start School

    0.92 miles

  • Woodrow Wilson Elementary School

    0.96 miles

  • Little Shining Stars Daycare

    3.09 miles

Frequently Asked Questions

How much does Rio Bank Building cost?

The space currently listed for sale at Rio Bank Building asks for $1,950,000.

What is the total square footage of Rio Bank Building?

Rio Bank Building totals 10,849 square feet.

Looking for more in-depth information on this property?

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Contact Listing Broker

broker

Adrian Abel Arriaga

The Arriaga Group