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1313 E Jasmine Ave McAllen, TX 78501

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For Sale
$3,450,000

Two flex space buildings near Interstate Highway 2 and Business Hwy 83.

Property size:
9,600 SF

Property Features for 1313 E Jasmine Ave

General Information

Size
9,600 SF

Building Details

Year built
2000

Source: Laura Liza Paz, SIOR Agent Laura Liza Paz, SIOR

Displayed information is deemed reliable but is not guaranteed and should be independently verified.


Overview

Flex Space Portfolio For Sale

Two neighboring flex space buildings at 1313 Jasmine Ave. and 1317 E. Jasmine Ave. are available as a portfolio. The building at 1317 E. Jasmine Ave. features approximately 9,600 square feet with two grade-level doors, 13 parking spaces in the front, 14 in the rear, and a secure fenced area at the back. The adjacent building at 1313 E. Jasmine Ave. offers 7,800 square feet and includes three grade-level doors, 15 parking spaces in the front, and 12 in the rear. Both buildings are zoned C-4 (Commercial Industrial), suitable for businesses needing both office and warehouse space. The location provides convenient access to Interstate Highway 2 and Business Highway 83. The property is 100% leased under a NNN lease with extremely low maintenance costs. The concrete buildings have recently redone roofs. The storage area is air conditioned. The property has a cap rate of 7.81%. Flex space is available for lease, approximately 4,800 square feet, including 1,500 square feet of office space and 3,300 square feet of warehouse space, four bathrooms, a large meeting room, fenced parking in the rear, and one electric overhead door. The location also offers ample parking, with seven spaces located at the rear and six at the front. Additionally, there is a fenced area at the back of the property with an electric gate for added security. The owner is open to adjusting the layout to suit your needs, including expanding the warehouse area by reducing the office space through a simple modification of the existing walls.
Property Profile Insight Report Location Intelligence

Current Use by Public Records

Lincare Medical Equipment Supplier American HomePatient Home Health Care Service BAS INTERNATIONAL LLC Importer ZAPATOS DIABETICS Medical Clinic

Suggested Use

Restaurant Realty agency Law Firm Spa & Massage Dental Office Building Supply Wholesale Shop Hair Salon Auto Repair Shop Clothing Store

Zoning and permitted uses should be independently verified with local authorities.

Similar Places Nearby

La Cocina de Conchis

Location Insight

  • Map
  • Local Demand
City
McAllen
County
Hidalgo
State
Texas
Longitude
-98.204504
Latitude
26.209854

FAQs

What type of property is this?
Flex space - Two flex space buildings near Interstate Highway 2 and Business Hwy 83.
Where is this flex space located?
The property is located at 1313 E Jasmine Ave McAllen, TX.
What is the asking price?
The asking price for this property is $3,450,000.
What are key features of this property?
This property features: - Portfolio of two flex space buildings offering a combined 17,400 square feet.; - Prime location with convenient access to Interstate Highway 2 and Business Highway 83.; - Zoned C-4 (Commercial Industrial), suitable for businesses needing office and warehouse space.
More about this property
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