$2,500,000
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6400 N 10th ST Mcallen, TX 78504
10,156 SqFt
Key Details
Property Type Commercial
Sub Type Commercial
Listing Status Sold
Purchase Type For Sale
Square Footage 10,156 sqft
Subdivision Las Arboledas Office Park
MLS Listing ID 419151
Sold Date 08/05/24
HOA Y/N No
Year Built 2006
Annual Tax Amount $29,173
Tax Year 2023
Lot Size 0.974 Acres
Acres 0.9739
Property Sub-Type Commercial
Source Greater McAllen
Property Description
We are pleased to introduce a distinctive opportunity for investment in the form of 6400 N 10th, an income-generating property offered by NAI Rio Grande Valley. This property is positioned as a cornerstone within the North-Central McAllen Market Area, located along the eastern side of North 10th Street, south of Martin Avenue, and amid the Las Arboledas Office Park development.
This property features a net rentable area of 10,081 square feet and presently operates at full occupancy with a diverse range of strong and stable tenants who have committed to long-term leases. Notably, the tenants of this property comprise Hotworx, Sergio Sanchez Law Firm, Endless Beauty Bar, Veritex Bank, and Blo Bar Gardenia. These five tenants, with lease agreements ranging from three to eight years, represent a reliable source of income for the foreseeable future.
This high-traffic and desirable area offers investors an opportunity to benefit from McAllen's thriving business landscape.
Location
State TX
County Hidalgo
Zoning C3
Interior
Heating Central
Cooling Central Air
Flooring Tile
Equipment Pole Sign, Roof Sign
Appliance Electric Water Heater
Exterior
Garage Spaces 48.0
View Y/N No
Roof Type Metal
Total Parking Spaces 48
Garage Yes
Building
Faces Travel north on 10th St. past Dove Avenue; the property will be on the right-hand side.
Story 1
Water Separate Water Meters
Structure Type Stucco
New Construction No
Others
Tax ID L307500000000100
Security Features Security Lights
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