701 International Blvd, Hidalgo, TX 78557

The Plaza Del Puente Portfolio is a retail center with additional land for development near the US-Mexico border at 123 & 701 N International Boulevard in Hidalgo, Texas. The property will be delivered approximately 64% occupied by a mix of national, regional, and local tenants, providing in-place rental income along with a leasing upside. The offering includes two buildings spanning a total of 126,400 square feet (Plaza Del Puente and Hidalgo Plaza). The portfolio's tenant mix currently includes an industrial equipment supplier, a bargain bin store, an importer, a fitness studio, all anchored by World Wide Parcel and national discount retailer Dollar Tree. The 18.39-acre lot also delivers excess land for future expansion and sits within a designated opportunity zone, offering tax incentives for qualifying projects. The Plaza Del Puente Portfolio benefits from a visible position at the intersection of International Boulevard and W Coma Avenue, with more than 21,000 vehicles passing by the property each day. This location is just minutes from Highway 281 and 6 miles from Interstate 2. Tenants at the property also enjoy a built-in audience of customers traveling across the border, as well as students and staff at South Texas College’s Tech Campus, just 3 miles away. The Property is equipped to handle the elevated traffic with signage, multiple access points, and on-site parking for approximately 513 vehicles. Placed within the Greater McAllen Retail Submarket, vacancies in the area sit at just 3.1%, below the five- and 10-year averages. Asking rates have climbed an average of 3.6% annually during the past five years. The 10-mile population increasing 7% since 2020 to sit at over 323,000. Residents in the area contributed more than $2.8 billion in consumer spending during 2024.