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Property profile & analytics
OFF-MARKET Estimated value $13,645,000
Showrooms

708 Expy 83 Mcallen, TX 78503-1609

132,826 SF 10.67 ac lot Built 1992
Entity Owned Free & Clear
Property ID
US82-3358648
Property summary
AI-generated overview

Las Tiendas Shopping Center offers exceptional retail space in McAllen, Texas. This prime location boasts 4,534 square feet of completely vacant, multi-tenant retail space available for lease, situated within a thriving shopping center anchored by Target. The property is conveniently located at 708 E Expressway 83, McAllen, TX 78503, at the high-traffic intersection of US Highway 83 and McColl Road in Hidalgo County. Flexible space options are available, ranging from a minimum of 1,534 square feet to a maximum contiguous space of 3,000 square feet, providing adaptability for various business needs. Whether you require an in-line space or an end-cap pad site, this property offers excellent visibility and accessibility for attracting customers. The property's strategic location within a well-established shopping center ensures high foot traffic and exposure to a large customer base. This presents a unique opportunity for businesses seeking a prominent retail presence in a dynamic and growing market. The entire 4,534 square feet is currently vacant, allowing for a single tenant to occupy the entire space or for multiple tenants to lease individual units. This versatile property is ideal for a variety of retail businesses seeking a high-visibility location in McAllen, Texas.

Property profile
Verified
Property type Showrooms
Use group SHOW ROOM, WAREHOUSE
Year built 1992
Total area 132,826 SF
Lot 10.67 ac (464,785 SF)
APN C7883-01-000-0002-00
UPID US82-3358648
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
  • CVS Pharmacy Pharmacy
  • Target Mobile Mobile Phone Store Electronics & Wireless Store
  • Coinhub Bitcoin ATM Teller Atm
  • CVS Pharmacy
  • R Ichard Ruesch Pharmacy
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$15.20M
Blend (final) Blend
$13.65M
Owner & transaction history
DAYTON HUDSON CORP
DAYTON HUDSON CORP
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Warehouse, storage $15.7M +3.4%
Medical building $15.5M +2.0%
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