Neighborhood Retail
New
For Sale
Contact for pricing
5105 N 10th Street, McAllen, TX 78504
The space is within a multi-tenant center alongside established retail and dining businesses.
Property Size91,306 SF
Price / SF$1.98
Days on Market1
Property Features for 5105 N 10th Street
General Information
Standard status
Active
Size
91,306 SF
Property subtype
Commercial
Building Details
Year Built
2002
Building Size
91,306 SF
Tenancy
Multi
Listing Agency:
SANETI REALTY GROUP
Listed By:
Alberto Sanchez
(956) 215-1125
Source:
Sanetirealty
Added: Nov 1
Last Checked: Nov 1 at 1:43AM
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.
A 2,700-square-foot retail space is available within a 91,306-square-foot, multi-tenant neighborhood shopping center. The property was built in 2002, and the center includes retail and dining businesses such as Cryo, Quips 'N' Quotes, El Divino, Luka, and Salciados Seafood Restaurant.
The center is located at 5105 N 10th Street in McAllen, in the North McAllen area.
The center is located at 5105 N 10th Street in McAllen, in the North McAllen area.
Key Highlights
- 2,700 square feet available in a 91,306‑square‑foot neighborhood retail center
- Multi‑tenant center with retail and dining businesses including Cryo, Quips 'N' Quotes, El Divino, Luka, and Salciados Seafood Restaurant
- Located at 5105 N 10th Street in McAllen
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$38,538
Suggested Prices Based on Cap Rates
Cap Rate 5%
$770,760
$770.8K
Cap Rate 7%
$550,543
$550.5K
Cap Rate 9%
$428,200
$428.2K
Market Conditions
NOI Build-Up for 2,700 SF
Gross rent
$58.3K $21.60/SF
− Vacancy
−$3.3K −$1.21/SF
EGI
$55.1K $20.39/SF
− OpEx
−$16.5K −$6.12/SF
NOI
$38.5K $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%
$770,760
Cap Rate 7%
$550,543
Cap Rate 9%
$428,200
Alternative Uses
Best Use
Retail
$550.5K
$481.7K – $642.3K
NOI $38,538 @ 7.0% cap · market cap 720.88%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$733.2K
$641.5K – $855.4K
NOI $51,322 @ 7.0% cap · market cap 960.01%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Current Use
Lease Details
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
1,029
Businesses Nearby
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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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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Retail in South region
Frequently Asked Questions
What type of property is this?
Retail space - The space is within a multi-tenant center alongside established retail and dining businesses.
Where is this retail space located?
The property is located at 5105 N 10th Street McAllen, TX.
What are key features of this property?
This property features: 2,700 square feet available in a 91,306‑square‑foot neighborhood retail center; Multi‑tenant center with retail and dining businesses including Cryo, Quips 'N' Quotes, El Divino, Luka, and Salciados Seafood Restaurant; Located at 5105 N 10th Street in McAllen
