Office Unit with Glass-Front
New
For Sale
Contact for pricing
3400 N Mccoll Road, McAllen, TX 78504
A reception area, open workstation zone, and multiple private offices support a range of professional office configurations.
Property Size1,750 SF
Price / SF$2.00
Days on Market2
Property Features for 3400 N Mccoll Road
General Information
Standard status
Active
Size
1,750 SF
Property subtype
Commercial
Additional Details
Property Use
Office
Building Details
Year Built
2007
Listing Agency:
SANETI REALTY GROUP
Listed By:
Alberto Sanchez
(956) 215-1125
Source:
Sanetirealty
Added: Nov 1
Last Checked: Nov 1 at 3:06PM
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.
This 1,750-square-foot office unit, built in 2007, is arranged with a reception area, open workstation space, several private offices, and two neighboring offices with glass fronts. A break room, IT room, restroom, and janitorial area complete the interior layout.
The space is offered under a gross lease structure. The tenant pays rent and separately covers water, electricity, Wi-Fi, and an HVAC service contract.
The space is offered under a gross lease structure. The tenant pays rent and separately covers water, electricity, Wi-Fi, and an HVAC service contract.
Key Highlights
- 1,750 square feet; built in 2007
- Reception, open workstation area, and multiple private offices
- Two adjacent offices with glass‑front walls
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$23,428
Suggested Prices Based on Cap Rates
Cap Rate 5%
$468,560
$468.6K
Cap Rate 7%
$334,686
$334.7K
Cap Rate 9%
$260,311
$260.3K
Market Conditions
NOI Build-Up for 1,750 SF
Gross rent
$36.8K $21.00/SF
− Vacancy
−$5.5K −$3.15/SF
EGI
$31.2K $17.85/SF
− OpEx
−$7.8K −$4.46/SF
NOI
$23.4K $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%
$468,560
Cap Rate 7%
$334,686
Cap Rate 9%
$260,311
Alternative Uses
Best Use
Office B
$334.7K
$292.9K – $390.5K
NOI $23,428 @ 7.0% cap · market cap 669.37%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$475.2K
$415.8K – $554.4K
NOI $33,264 @ 7.0% cap · market cap 950.40%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
1,281
Businesses Nearby
Explore this area
Business Placement
Demographics for 78504, TX
56,830
Population
21,417
Households
2.7
Avg Household Size
35
Median Age
40%
College-Educated
86%
High-School Grad
19.6 sq mi
ZIP Area
2,899
Density / Sq Mi
$77,627
Median Household Income
$41,632
Median Earnings
$1,178
Median Rent
$203,900
Median Home Value
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Market
Vacancy Rate% for Office in South region
Frequently Asked Questions
What type of property is this?
Office unit - A reception area, open workstation zone, and multiple private offices support a range of professional office configurations.
Where is this office unit located?
The property is located at 3400 N Mccoll Road McAllen, TX.
What are key features of this property?
This property features: 1,750 square feet; built in 2007; Reception, open workstation area, and multiple private offices; Two adjacent offices with glass‑front walls
