Retail
New
For Sale
Contact for pricing
7017 N 10th Street, McAllen, TX 78504
Located in Trenton Palms Shopping Center, the suite faces North 10th Street.
Property Size1,920 SF
Price / SF$2.79
Days on Market2
Property Features for 7017 N 10th Street
General Information
Standard status
Active
Size
1,920 SF
Property subtype
Commercial
Building Details
Year Built
2004
Listing Agency:
SANETI REALTY GROUP
Listed By:
Alberto Sanchez
(956) 215-1125
Source:
Sanetirealty
Added: Oct 31
Changed: Nov 1
Last Checked: Nov 1 at 1:42AM
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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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This 1,920-square-foot retail suite is part of Trenton Palms Shopping Center and faces North 10th Street. The building dates to 2004.
The property is at 7017 N 10th Street in McAllen, Texas.
The property is at 7017 N 10th Street in McAllen, Texas.
Key Highlights
- 1,920‑square‑foot retail suite
- North 10th Street‑facing position
- Located in Trenton Palms Shopping Center
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$27,405
Suggested Prices Based on Cap Rates
Cap Rate 5%
$548,100
$548.1K
Cap Rate 7%
$391,500
$391.5K
Cap Rate 9%
$304,500
$304.5K
Market Conditions
NOI Build-Up for 1,920 SF
Gross rent
$41.5K $21.60/SF
− Vacancy
−$2.3K −$1.21/SF
EGI
$39.1K $20.39/SF
− OpEx
−$11.7K −$6.12/SF
NOI
$27.4K $14.27/SF
Area
McAllen, TX
Vacancy
5.60%
Lease Rate
$21.60 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$548,100
Cap Rate 7%
$391,500
Cap Rate 9%
$304,500
Alternative Uses
Best Use
Retail
$391.5K
$342.6K – $456.8K
NOI $27,405 @ 7.0% cap · market cap 511.86%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$521.4K
$456.2K – $608.3K
NOI $36,495 @ 7.0% cap · market cap 681.64%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
897
Businesses Nearby
Explore this area
Business Placement
Demographics for 78504, TX
56,830
Population
21,417
Households
2.7
Avg Household Size
35
Median Age
40%
College-Educated
86%
High-School Grad
19.6 sq mi
ZIP Area
2,899
Density / Sq Mi
$77,627
Median Household Income
$41,632
Median Earnings
$1,178
Median Rent
$203,900
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Retail in South region
Frequently Asked Questions
What type of property is this?
Retail space - Located in Trenton Palms Shopping Center, the suite faces North 10th Street.
Where is this retail space located?
The property is located at 7017 N 10th Street McAllen, TX.
What are key features of this property?
This property features: 1,920‑square‑foot retail suite; North 10th Street‑facing position; Located in Trenton Palms Shopping Center
