Building Details

Tenancy Single

Listing Agency: Sands Investment Group

Listed By: Andrew Ackerman · License #GA 311619

Source: Crexi

Added: Apr 11 Changed: Aug 30 Last Checked: Aug 30 at 2:33PM

Report an Issue

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.

The 4.400 SF Valero gas station is located at 1622 North 23rd Street in McAllen, Texas. The property is offered with an absolute NNN lease featuring over 20 years remaining and annual rent increases. The lease carries zero landlord responsibilities, providing a defined ownership structure for the gas-station asset.

Key Highlights

• 4.400 SF Valero gas station
• Absolute NNN lease with over 20 years remaining
• Zero landlord responsibilities under the lease

Property Analytics

Property Profile

Current Use

SQRL convenience store Department Store ATM Atm

Suggested Use

Top Pick Kitchen & Bath Showroom HVAC Service Locksmith Catering Service (Bike/Boat/Book/etc) Store 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.

Lease Details

Single-tenant

Tenancy

Location Intelligence

Trade Area within ½ mile

848

Businesses Nearby

Explore this area Business Placement

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

Questions? Ask Rey

Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

What type of property is this? Where is this gas stations located? What is the asking price? Find similar properties ... What are key features of this property?

Ask Rey about this property ...

Similar For Sale Nearby

Restaurant Building with Bar

1100 Houston Avenue, Mcallen, TX 78501

$980,000

5,637 SF

View details

Historic Corner Bar & Restaurant Building

200 S 17th Street, Mcallen, TX 78501

$550,000

8,253 SF

View details

Totally Remodeled Restaurant Building

200 S 17th St, Mcallen, TX 78501

$550,000

8,253 SF

View details

Freestanding Office Building

900 E Redbud Avenue, Mcallen, TX 78504

$650,000

4,000 SF

View details

Auto Repair Facility with Service Bays

111 S 21st Street, Mcallen, TX 78501

$500,000

6,351 SF

View details

Retail Building with Laundromat

809 N Ware Road, Mcallen, TX 78501

$599,000

2,790 SF

View details

Corner Warehouse Building

120 S Broadway Street, Mcallen, TX 78501

$2,500,000

14,000 SF

View details

Large Restaurant Space

1100 Houston Ave, Mcallen, TX 78501

$980,000

5,637 SF

View details

Corner Lot Motel and Office

600 S 17th Street, Mcallen, TX 78501

$700,000

8,224 SF

View details

Medical Office with Double Frontage

4325 N 10th Street, Mcallen, TX 78504

$1,900,000

3,919 SF

View details

8-Unit Apartment Building

812 E Daffodil Avenue, Mcallen, TX 78501

$650,000

7,216 SF

View details

Free-Standing Office Building

900 E Redbud Avenue B, Mcallen, TX 78504

$650,000

4,000 SF

View details

Frequently Asked Questions

What type of property is this?

Gas station - Branded fuel retail property backed by a long-term absolute NNN lease.

Where is this gas station located?

The property is located at 1622 North 23rd Street McAllen, TX.

What are key features of this property?

This property features: 4.400 SF Valero gas station; Absolute NNN lease with over 20 years remaining; Zero landlord responsibilities under the lease