2108/2112 Nolana Loop, McAllen, TX 78504
- Added:
- Jul 7, 2026
- Days on Market:
- 3
- Last Refresh:
- Jul 9 at 12:06 am
Property Features for 2108/2112 Nolana Loop
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Parking
- 16
- Appliances
- Electric Water Heater
- Standard status
- Active
- APN
- M386700000000200
- Size
- 6,000 SF
- Lot size
- 0.59 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Annual Amount
- 10059
Utilities
- Heating system
- Central, Electric (Heating)
- Cooling system
- Electric, Central Air
Building Details
- Year built
- 2001
- Floors in Building
- 1
- Building materials
- Stucco
- Roof type
- Built-Up
Listing agent Vicki Waters Leggett License #515595 (956) 873-1940
Listing office RE/MAX elite 2575 E Griffin Parkway, Suite 14 Suite 14, Mission, TX (956) 583-2100
Listing date Jul 7, 2026
Copyright © 2026 Greater McAllen Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
HighLights
- Two completely leased units with long‑term leases already in place
- 3,000 sq ft per unit for a total of 6,000 sq ft of leased space
- Central air conditioning with electric heating and central heating
- Built in 2001; stucco construction and a built‑up roof
- Electric water heater included
- Paved parking available, with room in the back for additional spaces
Overview
Located at 2108/2112 Nolana Loop in McAllen, the center benefits from frontage on a vibrant, busy street, supporting strong day-to-day visibility. The offering includes easy access for showings and paved parking in front, with additional room at the rear for further parking expansion.
For buyers seeking a retail investment with existing tenancy, this property presents two long-term leases already in place. The layout supports multiple tenant configurations, while the on-site parking and rear space for added stalls can accommodate customer needs and help future-proof the site for leasing or re-tenanting. Easy to show and straightforward in design, it is well-suited for investors and operators looking for an income-producing retail asset on a high-traffic corridor.
Local Financial Insights For Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $129.6k | $21.60 |
| − Vacancy | −$7.3k | −$1.21 |
| EGI | $122.3k | $20.39 |
| − OpEx | −$36.7k | −$6.12 |
| NOI | $85.6k | $14.27 |
Alternative Uses
Current Use by Public Records
Map
- City
- McAllen
- County
- Hidalgo
- State
- Texas
- Longitude
- -98.236626
- Latitude
- 26.241491
