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Shared Medical Office Space
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1401 E Ridge Rd, McAllen, TX 78503

Shared medical office space available for rent in McAllen.

Property Size2,400 SF
Days on Market1336

Property Features for 1401 E Ridge Rd

General Information

Standard status Active
Size 2,400 SF
Property subtype Office
Listing Agency: BK Properties
Listed By: Alice Bruni · License #441329
Source: Crexi
Added: Dec 2, 2022 Changed: Jul 6 Last Checked: Jul 29 at 3:31PM

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 BK Properties

Investment Insights

Based on property information with market context.

This is a 2400 square foot shared medical office space. The tenant would have access to the space 3 days per week. The landlord can offer a dedicated office if necessary. The property is suitable for commercial real estate and office space.

Key Highlights

  • 2400 sq ft shared medical office space.
  • Access to the space 3 days per week.
  • Landlord can offer a dedicated office.

Property Analytics

Current Use

Functional Pain Center Physician Guadalupe J. Cavazos ... Physician Gulf Prosthetics & Orthotics Orthotics & Prosthetics Service Anaiah Builders General Contractor ASP Cares Pharmacy

Suggested Use

Top Pick Real Estate Agency Building Supply Big Box & Wholesale Store Electrical Service Law Firm Grocery & Convenience Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

NNN (Triple Net)
Lease Type
$1.62 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

1,443
Businesses Nearby
Under-served
Demand for This Use

Demographics for 78503, TX

23,604
Population
8,090
Households
2.9
Avg Household Size
35
Median Age
25%
College-Educated
71%
High-School Grad
19.2 sq mi
ZIP Area
1,229
Density / Sq Mi
$48,765
Median Household Income
$27,514
Median Earnings
$1,087
Median Rent
$130,100
Median Home Value

Market

Lease Benchmarks for McAllen, TX

$23.91 /SF/Yr
Avg Asking Price
$14.59–$36 /SF/Yr
Price Range
4,058 SF
Avg Space Size

This space is priced 55% below the average of $23.91 /SF/Yr.

Vacancy Rate% for Office in South region

14.4% 2019
16.4% 2020
17.3% 2021
18% 2022
18.6% 2023
20.3% 2024
20.2% 2025
Rey
Questions? Ask Rey
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Similar Off Market Nearby

  • Banfield Pet Hospital — 420 E Expressway 83, McAllen, TX 78503
  • McAllen Urgent Vet — 101 E Expressway 83 Suite 140, McAllen, TX 78501

Frequently Asked Questions

What type of property is this?
Medical Office Space - Shared medical office space available for rent in McAllen.
Where is this medical office space located?
The property is located at 1401 E Ridge Rd McAllen, TX.
What is the lease rate?
The lease rate is $10.80 SF/Yr.
What are key features of this property?
This property features: 2400 sq ft shared medical office space.; Access to the space 3 days per week.; Landlord can offer a dedicated office.
(210) 887-8828 Call to check price and availability
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