Restaurant and Retail
712 N Bicentennial Boulevard McAllen, TX 78504
712 N Bicentennial Boulevard, McAllen, TX, 78504
$465,000
For Sale
$465,000
Storefront restaurant space with a sizable kitchen, office, walk-in freezer, and grease trap, plus parking in front and rear.
Property Size1,878 SF
Price / SF$247.60
Days on Market143
Property Features for 712 N Bicentennial Boulevard
General Information
- Standard status
- Active
- Size
- 1,878 SF
- Property subtype
- General Commercial
Building Details
- Year Built
- 2004
Listing agency
Keller Williams Realty Rgv
(956) 578-5733
Listed by
Ronaldo Lacayo
(956) 578-5733
Source
Xome
Added: Feb 28 Updated: Jul 21 at 2:51AM Checked: Jul 21 at 2:51AM
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 Keller Williams Realty Rgv
Investment Insights
Based on property information with market context.
This for-sale storefront offers a ready-to-operate food service buildout with a nice open customer area, an included office, and a good size kitchen area. The property also features a walk-in freezer for storage or display, an oven, and an existing grease trap.
The premises are located on busy Bicentennial Boulevard, providing high visibility. Parking is available both in front of the building and in the back.
The layout has supported use as a bakery and can also be adapted for other restaurant, office, and retail concepts, subject to applicable requirements.
The premises are located on busy Bicentennial Boulevard, providing high visibility. Parking is available both in front of the building and in the back.
The layout has supported use as a bakery and can also be adapted for other restaurant, office, and retail concepts, subject to applicable requirements.
Key Highlights
- Storefront space previously used as a bakery; open space with office and a sizable kitchen area
- Kitchen includes an oven and a walk‑in freezer for storage/display
- Includes a grease trap
Local Financial Insights For Specialty 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 | $40.6k | $21.60 |
| − Vacancy | −$2.3k | −$1.21 |
| EGI | $38.3k | $20.39 |
| − OpEx | −$9.6k | −$5.10 |
| NOI | $28.7k | $15.29 |
1,878 SF · lease $21.60/SF/yr · vacancy 5.60% · expense 25.00%
Alternative Uses
Best Use
Specialty Retail
$410.3K
$359.0K – $478.7K
NOI $28,720 @ 7.0% cap · market cap 6.18%
Second Best
Retail
$382.9K
$335.1K – $446.8K
NOI $26,805 @ 7.0% cap · market cap 5.76%
Theoretical Best
Office A
$510.0K
$446.2K – $595.0K
NOI $35,697 @ 7.0% cap · market cap 7.68%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Ms.Mirandas Cake Shop
Bakery
Similar For Sale Nearby
FAQs
What type of property is this?
Commercial kitchen - Storefront restaurant space with a sizable kitchen, office, walk-in freezer, and grease trap, plus parking in front and rear.
Where is this commercial kitchen located?
The property is located at 712 N Bicentennial Boulevard McAllen, TX.
What is the asking price?
The asking price for this property is $465,000.
What are key features of this property?
This property features: Storefront space previously used as a bakery; open space with office and a sizable kitchen area; Kitchen includes an oven and a walk‑in freezer for storage/display; Includes a grease trap
