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5001 Pecan Blvd McAllen, TX 78501

  • Land
OFF-MARKET
Value Estimations
Cap Rate Potential
Location Intelligence

Current Use by Public Records

  • Land

Property Details for 5001 Pecan Blvd

Property type
Land

Description

This exceptional commercial land opportunity presents a 1,000 square foot space within a brand-new, modern plaza ideally situated at the intersection of Taylor and Pecan in McAllen. The property boasts a single-tenant occupancy and includes 40 parking spaces for ample customer convenience. Zoned C, this 1-acre lot (APN: S295000000024725) offers a unique chance to establish a thriving business. The building is currently under construction, with permits readily available, allowing for a September 2024 opening. The landlord provides significant incentives, including a three-month rent-free period to facilitate build-out and installation of equipment. Included in the lease are an air conditioning unit, a back restroom, a concrete slab floor, and a fire sprinkler system. Lease terms are flexible, with options available for as little as a two-year commitment. The landlord also offers connections to contractors who can assist with water and electric meter installation, city permits, and custom unit construction to meet specific business needs. This property is perfect for a variety of businesses, including offices, boutiques, bakeries, spas, and more. Restaurant use is contingent upon city approval of parking; however, Unit 1 already features a grease trap. The monthly rent is $2600, with no NNN charges. Larger spaces are also available by leasing contiguous units within the plaza.


Value Estimations

based on Realmo’s proprietary methodology
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  • CAP approach

  • Comparable approach

  • Alternative Use


Location Insight

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  • Local Demand
City
McAllen
County
Hidalgo
State
Texas
Longitude
-98.275
Latitude
26.2227
More about this property
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