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2000 S Mccoll Road, McAllen, TX 78503
A mix of food, fitness, and service businesses occupies this established retail property.
Property Size14,072 SF
Price / SF$0.17
Days on Market2
Property Features for 2000 S Mccoll Road
General Information
Standard status
Active
Size
14,072 SF
Property subtype
Commercial
Additional Details
Tenant in Place
Yes
Building Details
Year Built
2000
Tenancy
Multi
Listing Agency:
SANETI REALTY GROUP
Listed By:
Alberto Sanchez
(956) 215-1125
Source:
Sanetirealty
Added: Oct 31
Changed: Nov 1
Last Checked: Nov 1 at 1:46AM
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
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Investment Insights
Based on property information with market context.
Built in 2000, this 14,072-square-foot shopping center at 2000 S McColl Road brings together food, fitness, and service tenants. Current businesses include Pizza Hut, Subway, Fit Grill, Top Texas Title, Gorditas Dona Lula, Hotworx Yoga, and La Ganadera.
The property is less than half a mile from I-2/Expressway 83. Rio Grande Regional Hospital and McAllen Medical Hospital are nearby, along with retailers such as Sam’s Club, Target, Walmart, Academy, Ross, Michael’s, and Burlington. Texas A&M Health Science Center and South Texas College are also in the surrounding area.
The property is less than half a mile from I-2/Expressway 83. Rio Grande Regional Hospital and McAllen Medical Hospital are nearby, along with retailers such as Sam’s Club, Target, Walmart, Academy, Ross, Michael’s, and Burlington. Texas A&M Health Science Center and South Texas College are also in the surrounding area.
Key Highlights
- 14,072 square feet of retail space
- Built in 2000
- Less than half a mile from I‑2/Expressway 83
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$200,854
Suggested Prices Based on Cap Rates
Cap Rate 5%
$4,017,080
$4.0M
Cap Rate 7%
$2,869,343
$2.9M
Cap Rate 9%
$2,231,711
$2.2M
Market Conditions
NOI Build-Up for 14,072 SF
Gross rent
$304.0K $21.60/SF
− Vacancy
−$17.0K −$1.21/SF
EGI
$286.9K $20.39/SF
− OpEx
−$86.1K −$6.12/SF
NOI
$200.9K $14.27/SF
Area
McAllen, TX
Vacancy
5.60%
Lease Rate
$21.60 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$4,017,080
Cap Rate 7%
$2,869,343
Cap Rate 9%
$2,231,711
Alternative Uses
Best Use
Retail
$2.87M
$2.51M – $3.35M
NOI $200,854 @ 7.0% cap · market cap 8,158.16%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$3.82M
$3.34M – $4.46M
NOI $267,481 @ 7.0% cap · market cap 10,864.38%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Open Analytics
Current Use
Lease Details
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
1,467
Businesses Nearby
41k
Monthly Visits Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 100%
Stripes
Shops & Services
17,567 visits/mo
0.3 miles
7-Eleven
Shops & Services
15,622 visits/mo
0.3 miles
Texas Regional Bank
Shops & Services
5,276 visits/mo
0.1 miles
Lone Star National Bank
Shops & Services
2,489 visits/mo
0.4 miles
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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Retail in South region
Similar Off Market Nearby
- Medical Ridge Plaza — 1401 S Jackson Rd, Pharr, TX 78577
- Ridge View Center — 1424 E Ridge Rd, McAllen, TX 78503
- McAllen Pavilion — 500 E Expressway 83, McAllen, TX 78503
- Ridge Crossing shopping Center — S McColl Rd, McAllen, TX 78503
- Las Tiendas S.C. — 724 E Expressway 83, McAllen, TX 78503
Frequently Asked Questions
What type of property is this?
Shopping center - A mix of food, fitness, and service businesses occupies this established retail property.
Where is this shopping center located?
The property is located at 2000 S Mccoll Road McAllen, TX.
What are key features of this property?
This property features: 14,072 square feet of retail space; Built in 2000; Less than half a mile from I‑2/Expressway 83
