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Property profile & analytics
OFF-MARKET
Lifestyle centers

3300 Expressway 83 McAllen, TX 78501

776,961 SF Built 2007
Property ID
Property summary
AI-generated overview

Palms Crossing, a Class A lifestyle center in McAllen, Texas, offers an exceptional retail opportunity. This 776,961 square foot property, built in 2007, boasts a prime location at 3300 W Expy 83, 78501, adjacent to the McCallen Convention Center and Civic Center. The center features a mix of big-box anchors, specialty retailers, and diverse restaurants within an inviting, open-air atmosphere. Multiple tenancy options are available, with spaces ranging from a minimum of 1,200 square feet to a maximum contiguous space of 14,486 square feet. Currently, 70,864 square feet of space is vacant, presenting a significant opportunity for expansion or new tenancy. This thriving retail center serves the entire Rio Grande Valley, offering high visibility and accessibility to a large customer base. The property's design and location make it an ideal choice for businesses seeking a strong presence in a dynamic and growing market. The available spaces provide flexibility for a variety of retail concepts, ensuring a diverse and attractive tenant mix. This is a rare opportunity to secure space in a well-established, high-performing retail center in a key location within the Rio Grande Valley.

Property profile
Verified
Property type Lifestyle centers
Year built 2007
Total area 776,961 SF
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Torrid Clothing & Fashion Store
  • Hobby Lobby (Bike/Boat/Book/etc) Store
  • Barnes & Noble (Bike/Boat/Book/etc) Store
  • Tapioca Roots Palms Crossing Cafe & Coffee Shop
  • ArmsOfHope Drop Box Only Charitable Organization
Value estimations
Realmo proprietary · 4 methods
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Blend (final) Blend
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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