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High-Traffic Retail Space Available

6424 N 10th Street McAllen, TX 78504

6424 N 10th Street, McAllen, TX, 78504
$2,300,000
For Sale
Claim this Listing
$2,300,000

Free-standing 6,791 SF commercial building in high-traffic area.

Property Size6,791 SF
Lot Size0.88 Acres
Price / SF$338.68
AddedMar 5
Days on Market133
Last RefreshApr 9 at 9:00 pm

Property Features for 6424 N 10th Street

General Information

Standard status
Active
Size
6,791 SF
Lot size
0.88 Acres
Property subtype
Retail

Building Details

Year Built
2005

Listing office Coldwell Banker Commercial Rio Grande Valley

Listing date Mar 5, 2026

Source Cbcworldwide

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 Coldwell Banker Commercial Rio Grande Valley


Investment Insights

Based on property information with market context.

This free-standing building provides 6,791 square feet of commercial space. The property is located in a high-traffic area on 10th Street, offering visibility and accessibility. Situated in a central hub for dining, shopping, and entertainment, the property is near major national retailers such as Target, Sam's Club, and Best Buy. The property is positioned on a 0.88 acre lot.

Key Highlights

  • High‑traffic location on 10th Street with excellent visibility and easy access.
  • Spacious 6,791 SF of prime commercial space.
  • Positioned in a central hub for dining, shopping, and entertainment.

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 $146.7k $21.60
− Vacancy −$8.2k −$1.21
EGI $138.5k $20.39
− OpEx −$41.5k −$6.12
NOI $96.9k $14.27
6,791 SF · lease $21.60/SF/yr · vacancy 5.60% · expense 30.00%

Alternative Uses

Best Use
Retail
$1.38M
$1.21M – $1.62M (±1% cap)
NOI $96,930 @ 7.0% cap · market cap 4.21%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.84M
$1.61M – $2.15M (±1% cap)
NOI $129,083 @ 7.0% cap · market cap 5.61%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Advance Auto Parts Auto Parts Store UPS Access Point ... Courier Service

Suggested Use

Auto Repair Shop Building Supply Auto Parts Store Parking Lot & Garage Grocery & Convenience Store Daycare Center Electrical Service HVAC Service Hotel & Motel Kitchen & Bath Showroom

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Retail space - Free-standing 6,791 SF commercial building in high-traffic area.
Where is this retail space located?
The property is located at 6424 N 10th Street McAllen, TX.
What is the asking price?
The asking price for this property is $2,300,000.
What are key features of this property?
This property features: High‑traffic location on 10th Street with excellent visibility and easy access.; Spacious 6,791 SF of prime commercial space.; Positioned in a central hub for dining, shopping, and entertainment.
Contact an agent
More about this property
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