6424 N 10th Street McAllen, TX 78504
Free-standing 6,791 SF commercial building in high-traffic area.
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 (956) 451-2983
Listing date Mar 5, 2026
Source Cbcworldwide
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Investment Insights
Based on property information with market context.
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 |