301 Alton Blvd Alton, TX 78573
- Commercial real estate
- 6,800 SF
- 0.69 lot acres
Current Use by Public Records
- Commercial real estate
Property Details for 301 Alton Blvd
- Year built
- 2016
- Lot size
- 0.69 lot acres
- Property size
- 6,800 SF
- Property type
- Commercial real estate
Description
This exceptional 6,800 square foot multi-tenant retail building presents a compelling investment opportunity in Alton, TX. Situated on a 0.69-acre lot within a thriving, grocery-anchored retail corridor in one of the Rio Grande Valley's fastest-growing areas, this property boasts a 100% occupancy rate with a diverse mix of national and regional tenants under long-term leases. The strong tenant base ensures a consistent, passive income stream, as all tenants cover Net, Net, Net (NNN) expenses. The building is in excellent condition and features ample parking, exceeding 50 stalls, and three convenient points of ingress and egress. Benefiting from high visibility on Alton Boulevard, a major two-way thoroughfare with over 18,000 vehicles daily, the property enjoys a prime location near the West Main Avenue/North Alton Boulevard intersection. Its modern design, combined with the robust tenant mix and strategic location, positions this asset for significant future appreciation in a rapidly expanding market. This is a rare opportunity to acquire a high-performing, low-maintenance commercial property with exceptional growth potential.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Alton
- County
- Hidalgo
- State
- Texas
- Longitude
- -98.3142
- Latitude
- 26.2892
