NNN Retail Investment with Lease
For Sale
Contact for pricing
Pending
5008 W Expy 83, McAllen, TX 78503
NNN retail investment backed by Goodwill Industries of South Texas, with 15+ years remaining on lease.
Property SizeContact for details
Days on Market145
Property Features for 5008 W Expy 83
General Information
Standard status
Pending
Property subtype
Retail
Site & Location
Traffic Count
120,000 vehicles/day
Highway Access
Yes
Road Access
Yes
Listing Agency:
Red Oak Commercial
Listed By:
David Luther · License #TX 599555
Source:
Crexi
Added: Apr 12
Changed: Aug 14
Last Checked: Aug 29 at 4:41AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Red Oak Commercial
Investment Insights
Based on property information with market context.
This NNN retail property is offered with a 16-year NNN lease structure and more than 15 years remaining. Tenant credit is supported by a strong tenant guarantee secured by Goodwill Industries of South Texas, which is noted to have annual revenues over $28mm and 75 years of operating history.
The asset is positioned for freeway visibility in McAllen along Expressway 83, with over 120k VPD referenced in the remarks. Retail demand is supported by a nearby mix of national retailers including HEB, Target, Ross, TJ Maxx, Office Depot, Petco, Five Below, Walmart, Kohls, and Cinemark.
The asset is positioned for freeway visibility in McAllen along Expressway 83, with over 120k VPD referenced in the remarks. Retail demand is supported by a nearby mix of national retailers including HEB, Target, Ross, TJ Maxx, Office Depot, Petco, Five Below, Walmart, Kohls, and Cinemark.
Key Highlights
- NNN retail investment with a 16‑year lease featuring over 15 years remaining
- Tenant guarantee secured by Goodwill Industries of South Texas
- Goodwill Industries of South Texas has annual revenues over $28mm and 75 years of operating history
Property Analytics
Property Profile
Current Use
Lease Details
120,000 VPD
Traffic count
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
692
Businesses Nearby
Explore this area
Business Placement
Demographics for 78503, TX
23,604
Population
8,090
Households
2.9
Avg Household Size
35
Median Age
25%
College-Educated
71%
High-School Grad
19.2 sq mi
ZIP Area
1,229
Density / Sq Mi
$48,765
Median Household Income
$27,514
Median Earnings
$1,087
Median Rent
$130,100
Median Home Value
Market
Vacancy Rate% for Retail in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
NNN property - NNN retail investment backed by Goodwill Industries of South Texas, with 15+ years remaining on lease.
Where is this nnn property located?
The property is located at 5008 W Expy 83 McAllen, TX.
What are key features of this property?
This property features: NNN retail investment with a 16‑year lease featuring over 15 years remaining; Tenant guarantee secured by Goodwill Industries of South Texas; Goodwill Industries of South Texas has annual revenues over $28mm and 75 years of operating history
