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Property profile & analytics
FOR LEASE
Drive through restaurants

1700 S 23Rd St McAllen, TX 78503

3,192 SF 1.05 ac lot Built 1988
Entity Owned Absentee Owner Free & Clear
Property ID
US82-1659224
1700 S 23Rd St, McAllen, TX 78503 For Lease
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1700 S 23Rd St, McAllen, TX 78503
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Property summary
AI-generated overview

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.

Property profile
Verified
Property type Drive through restaurants
Use group DRIVE-THRU RESTAURANT, FAST FOOD
Year built 1988
Total area 3,192 SF
Lot 1.05 ac (45,551 SF)
Zoning code C-3
APN W9000-00-000-0001-00
UPID US82-1659224
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
  • G & I Auto Sales Car Dealership
  • Burger King Restaurant
  • Tacos La Estrella Restaurant
  • Fallas Discount Stores Discount Store
  • National Stores Department Store
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
MARCLYN DEVELOPEMENT COMPANY
MARCLYN DEVELOPEMENT COMPANY
Zoning & alternative use
C-3 · Mcallen, TX
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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