1700 S 23Rd St McAllen, TX 78503
For Lease
This exceptional retail property, located at 1700 S 23rd St in McAllen, Texas, offers 22,556 square feet of prime commercial space. Currently, 11,231 square feet is available for lease, presenting a significant opportunity for expansion or a new venture. The property is situated in Hidalgo County, within the vibrant city of McAllen, boasting excellent visibility and accessibility. The building's multiple tenancy structure allows for flexibility and potential for synergistic businesses. The property's classification as retail ensures high foot traffic and exposure to a large consumer base. The available 11,231 square feet provides ample space for a variety of retail uses, from large-format stores to smaller boutiques. The precise layout and configuration of the available space can be discussed and tailored to meet specific business needs. This location in McAllen, TX (zip code 78503) offers a strategic advantage for businesses seeking to tap into the thriving local market. The property's size and location make it an ideal investment for businesses looking to establish a strong presence in this dynamic area of Texas. Interested parties are encouraged to inquire for further details and to schedule a viewing. This is a rare opportunity to secure a substantial retail space in a high-demand location.
-
G & I Auto Sales Car Dealership
-
Burger King Restaurant
-
Tacos La Estrella Restaurant
-
Fallas Discount Stores Discount Store
-
National Stores Department Store
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2022Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
C-3 · Mcallen, TXMcallen. Always verify with local authorities before improvements.
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.