700 S Main Street McAllen, TX 78501
Income-producing commercial building in downtown McAllen, 100% occupied.
Property Features for 700 S Main Street
General Information
- Standard status
- Active
- Size
- 2,400 SF
- Property subtype
- Office, Retail
Building Details
- Year Built
- 1982
Listing office Dolce Vita Realty
Listing date May 12, 2026
Source Crexi
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Investment Insights
Based on property information with market context.
Key Highlights
- 100% Occupied with Stable, Long‑Term Tenants for immediate income
- Prime Downtown Location directly across from McAllen City Hall
- Income‑Producing Commercial Building offers immediate return on investment
Local Financial Insights For Office B
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 | $50.4k | $21.00 |
| − Vacancy | −$7.6k | −$3.15 |
| EGI | $42.8k | $17.85 |
| − OpEx | −$10.7k | −$4.46 |
| NOI | $32.1k | $13.39 |
