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Retail Investment with 7.60% Cap Rate
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711 E Expressway 83, McAllen, TX 78501

For sale retail property totaling 8,500 SF, marketed with a 7.60% cap rate.

Property Size8,500 SF
Days on Market134

Property Features for 711 E Expressway 83

General Information

Standard status Active
Size 8,500 SF
Property subtype Retail

Additional Details

Cap Rate 7.6%
Listing Agency: Sands Investment Group
Listed By: Andrew Ackerman · License #GA 311619
Source: Crexi
Added: Apr 10 Changed: Aug 8 Last Checked: Jul 23 at 11:01AM

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 Sands Investment Group

Investment Insights

Based on property information with market context.

This for-sale retail property is presented with a listed 7.60% cap rate and totals 8,500 SF.

The asset is located at 711 E Expressway 83 in McAllen, TX 78501. The public remarks describe the offering as retail space.

All information provided is limited to the transaction type, retail asset category, 8,500 SF size, and the stated 7.60% cap rate.

Key Highlights

  • Retail property for sale totaling 8,500 SF
  • Marketed with a 7.60% cap rate

Property Analytics

Current Use

Retail space

Suggested Use

Top Pick Building Supply Dental Office Storage Facility Kitchen & Bath Showroom Garden Center Electrical Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

2,046
Businesses Nearby

Demographics for 78501, TX

60,817
Population
24,807
Households
2.5
Avg Household Size
37
Median Age
27%
College-Educated
77%
High-School Grad
15.5 sq mi
ZIP Area
3,924
Density / Sq Mi
$49,451
Median Household Income
$29,092
Median Earnings
$943
Median Rent
$149,000
Median Home Value

Market

Vacancy Rate% for Retail in South region

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025
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Frequently Asked Questions

What type of property is this?
Retail space - For sale retail property totaling 8,500 SF, marketed with a 7.60% cap rate.
Where is this retail space located?
The property is located at 711 E Expressway 83 McAllen, TX.
What are key features of this property?
This property features: Retail property for sale totaling 8,500 SF; Marketed with a 7.60% cap rate
More about this property
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