Mcallen, TX 78504,6400 N 10th ST
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Mcallen, TX 78504,6400 N 10th ST
Mcallen, TX 78504,6400 N 10th ST
Mcallen, TX 78504,6400 N 10th ST
Mcallen, TX 78504,6400 N 10th ST
Listed by NAI Rio Grande Valley

$2,500,000

Est.Price: ?

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6400 N 10th ST Mcallen, TX 78504

10,156 SqFt

SOLD DATE : 08/05/2024

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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Phillip Veale

Phillip Veale

+1956678626

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