Chase Tower Office
New
For Sale
Contact for pricing
200 S 10th Street Unit 1500, McAllen, TX 78501
Suites offer existing move-in-ready layouts, with custom buildouts available to building standards.
Property Size9,700 SF
Price / SF$2.50
Days on Market4
Property Features for 200 S 10th Street Unit 1500
General Information
Standard status
Active
Size
9,700 SF
Property subtype
Commercial
Additional Details
Highway Access
Yes
Property Use
Office
Amenities
unbeatable views
24-hour, uniformed security
on-site banking
Building Details
Year Built
1980
Listing Agency:
SANETI REALTY GROUP
Listed By:
Alberto Sanchez
(956) 215-1125
Source:
Sanetirealty
Added: Nov 1
Changed: Nov 3
Last Checked: Nov 3 at 8:47AM
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 SANETI REALTY GROUP
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
Office space in The Chase Tower includes suites of varying sizes, with 9,700 SF indicated for the property. Some suites are ready for occupancy, and custom configurations can be completed to building standards. The building provides 24-hour uniformed security and on-site banking, with immediate occupancy available in qualifying spaces.
The property is in McAllen’s CBD, with access to Interstate 2 (U.S. Highway 83). McAllen Convention Center, McAllen Miller International Airport, hotels, and restaurants are nearby. The building dates to 1980.
The property is in McAllen’s CBD, with access to Interstate 2 (U.S. Highway 83). McAllen Convention Center, McAllen Miller International Airport, hotels, and restaurants are nearby. The building dates to 1980.
Key Highlights
- 9,700 SF property size
- 24‑hour uniformed security
- On‑site banking
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$129,859
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,597,180
$2.6M
Cap Rate 7%
$1,855,129
$1.9M
Cap Rate 9%
$1,442,878
$1.4M
Market Conditions
NOI Build-Up for 9,700 SF
Gross rent
$203.7K $21.00/SF
− Vacancy
−$30.6K −$3.15/SF
EGI
$173.1K $17.85/SF
− OpEx
−$43.3K −$4.46/SF
NOI
$129.9K $13.39/SF
Area
McAllen, TX
Vacancy
15.00%
Lease Rate
$21.00 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,597,180
Cap Rate 7%
$1,855,129
Cap Rate 9%
$1,442,878
Alternative Uses
Best Use
Office B
$1.86M
$1.62M – $2.16M
NOI $129,859 @ 7.0% cap · market cap 535.50%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$2.63M
$2.30M – $3.07M
NOI $184,378 @ 7.0% cap · market cap 760.32%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Lease Details
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
2,494
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 Office in South region
Frequently Asked Questions
What type of property is this?
Office unit - Suites offer existing move-in-ready layouts, with custom buildouts available to building standards.
Where is this office unit located?
The property is located at 200 S 10th Street Unit 1500 McAllen, TX.
What are key features of this property?
This property features: 9,700 SF property size; 24‑hour uniformed security; On‑site banking
