Office Units with Conference
For Sale
Contact for pricing
520 W Pecan Boulevard, McAllen, TX 78501
Available suites share a lobby, conference room, coffee areas and storage, with utilities included in the gross lease.
Property Size5,000 SF
Price / SF$0.10
Days on Market17
Property Features for 520 W Pecan Boulevard
General Information
Standard status
Active
Size
5,000 SF
Property subtype
Commercial
Additional Details
Property Use
Office
Amenities
lobby
conference room
coffee rooms
storage space
reception work area
Building Details
Year Built
1980
Listing Agency:
SANETI REALTY GROUP
Listed By:
Alberto Sanchez
(956) 215-1125
Source:
Sanetirealty
Added: Oct 16
Changed: Oct 29
Last Checked: Oct 29 at 2:35PM
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.
Five of the building’s 13 office units are available, ranging from approximately 132 to 186 square feet. Units 7 and 8 are on the first floor; Units 14, 15 and 18 are upstairs. First-floor offices have tile flooring, while the second floor is carpeted. Shared building amenities include a lobby, conference room, coffee areas, some storage and a reception work area. Utilities are included in the gross lease; tenants arrange their own telephone and internet service.
The 1980-built office property is at 520 W Pecan Boulevard in McAllen. On-site parking includes 20 spaces. One office or a combination of multiple offices may be leased, subject to negotiation.
The 1980-built office property is at 520 W Pecan Boulevard in McAllen. On-site parking includes 20 spaces. One office or a combination of multiple offices may be leased, subject to negotiation.
Key Highlights
- Five of 13 office units available, approximately 132 to 186 square feet each
- Units 7 and 8 are on the first floor; Units 14, 15 and 18 are on the second floor
- Shared lobby, conference room, coffee areas, storage and reception work area
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$66,938
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,338,760
$1.3M
Cap Rate 7%
$956,257
$956.3K
Cap Rate 9%
$743,756
$743.8K
Market Conditions
NOI Build-Up for 5,000 SF
Gross rent
$105.0K $21.00/SF
− Vacancy
−$15.8K −$3.15/SF
EGI
$89.3K $17.85/SF
− OpEx
−$22.3K −$4.46/SF
NOI
$66.9K $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%
$1,338,760
Cap Rate 7%
$956,257
Cap Rate 9%
$743,756
Alternative Uses
Best Use
Office B
$956.3K
$836.7K – $1.12M
NOI $66,938 @ 7.0% cap · market cap 13,387.60%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.36M
$1.19M – $1.58M
NOI $95,040 @ 7.0% cap · market cap 19,008.00%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Location Intelligence
Trade Area within ½ mile
877
Businesses Nearby
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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
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Market
Vacancy Rate% for Office in South region
Frequently Asked Questions
What type of property is this?
Office unit - Available suites share a lobby, conference room, coffee areas and storage, with utilities included in the gross lease.
Where is this office unit located?
The property is located at 520 W Pecan Boulevard McAllen, TX.
What are key features of this property?
This property features: Five of 13 office units available, approximately 132 to 186 square feet each; Units 7 and 8 are on the first floor; Units 14, 15 and 18 are on the second floor; Shared lobby, conference room, coffee areas, storage and reception work area
