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Property profile & analytics
FOR LEASE
Strip malls

3400 N Mccoll Rd 22 McAllen, TX 78504

32,169 SF 2.03 ac lot Built 2007
Entity Owned 5-yr Hold ~ Est. High Equity
Property ID
US82-5224610
Property summary
AI-generated overview

This exceptional 2.03-acre commercial property, located at 3400 N Mccoll Road #J in McAllen, Texas (zip code 78504), presents a unique investment opportunity. The property features a single-tenant building encompassing 1,440 square feet, ideal for retail or office use. The building boasts ample parking with 166 spaces available for tenants and customers. The property's APN is T307502000001000. The building's design is well-suited for a variety of commercial uses. The first floor is perfect for retail or office space, while the second floor offers multiple executive office suites. Lease rates are all-inclusive. The property benefits from attractive common areas, ample signage opportunities, and convenient conference rooms. The location in central McAllen offers excellent visibility and accessibility, promising strong tenant synergy. This property is under new ownership and management, ensuring a commitment to maintaining high standards and providing a positive tenant experience. The property's aesthetic appeal is a significant asset, making it an attractive option for businesses seeking a modern and well-maintained space.

Property profile
Verified
Property type Strip malls
Use group SHOPPING CENTER, STRIP CENTER
Year built 2007
Total area 32,169 SF
Lot 2.03 ac (88,425 SF)
APN T3075-02-000-0010-00
UPID US82-5224610
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
  • Premier Endodontics, Alvaro Rodriguez D.D.S., M.S.D. Dental Office
  • Primerica Office - Oscar Garcia Insurance Agency
  • Acumen Insurance Group LLC Insurance Agency
  • Bright Bankruptcy Firm Law Firm Financial Advisor
  • Aristeo Milano Beauty Hair Salon Nail Salon
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$1.08M
CAP Approach CAP
by Request
Comparable Approach Comparable
$1.48M
Blend (final) Blend
$1.28M
Owner & transaction history
Alshugaa Real Estate Investments Gr · 5 yrs held
Alshugaa Real Estate Investments Gr
since 2021
7 recorded transactions
2021
Price N/A
2016
Price N/A
2015
$2.0M
2006
Price N/A
1969
Price N/A
1969
Price N/A
1969
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Apartment house (5+ units) $1.8M +1.4%
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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