6401 23Rd St McAllen, TX 78503
- Strip malls
- 20,128 SF
- 2.21 lot acres
Current Use by Public Records
- El Tranvia / Restaurant / Mexican Restaurant
- dyn central / Mobile Phone Repair Shop
- Cricket Wireless Authorized Retailer / Cell Phone Store
- AM Mex Products Inc / Manufacturer
- La Casita De Las Sopas De Doña Mague / Mexican Restaurant
Property Details for 6401 23Rd St
- Year built
- 2018
- Lot size
- 2.21 lot acres
- Property size
- 20,128 SF
- Property type
- Strip malls
- Property subtype
- Neighborhood centers
- APN
- T4062-00-000-001A-00
- APU
- T406200000001A00
Description
This exceptional 20,500 square foot retail plaza presents a compelling investment opportunity in McAllen, Texas. Strategically located on the highly visible southeast corner of 23rd Street and Military Highway, within the Warehouse Kingdom Industrial Park, this property boasts significant traffic flow. The 2.21-acre lot provides ample space for expansion or future development. Currently, the plaza enjoys 32% occupancy, offering immediate passive rental income. This makes it an ideal acquisition for an owner-user seeking both commercial space for their own business and the benefit of additional rental revenue streams. The high visibility and prime location within a thriving industrial park ensure strong potential for attracting tenants and maximizing return on investment. Further details regarding current tenants, lease agreements, and financial performance are available upon request. This is a rare chance to secure a well-positioned commercial property in a rapidly growing area of McAllen. Don't miss this opportunity to capitalize on the strong demand for retail space in this high-traffic location. Serious inquiries only.
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
- Mcallen
- County
- Hidalgo
- State
- Texas
- Longitude
- -98.2525
- Latitude
- 26.1495
- CBSA code
- 32580
- CBSA name
- MCALLEN-EDINBURG-MISSION, TX METROPOLITAN STATISTICAL AREA
