List Price:
$2,500,000
MLS Number:
419151
Property Type:
Commercial Sale
Property Sub Type:
Commercial
Address:
6400 N 10th Street, McAllen TX 78504
Street Name:
10th
Subdivision:
Las Arboledas Office Park
City:
McAllen
County:
Hidalgo
Accessibility Features:
Handicap Access
Annual Amt SqFt:
Appliances:
Electric Water Heater
Association Fee:
Association Fee Frequency:
Association YN:
No
Availability:
Availability Date:
Base Rent Amount:
Building Area Total:
10156
Building Area Units:
Square Feet
Building Features:
Restrooms-Private
Carport Spaces:
0
Carport YN:
No
Construction Materials:
Stucco
Cooling:
Central Air
Cooling YN:
Yes
Covered Spaces:
48
Directions:
Travel north on 10th St. past Dove Avenue; the property will be on the right-hand side.
Door Features:
Electric:
Separate Electric Meters
Electric On Property YN:
Existing Lease Type:
Exterior Features:
Flooring:
Tile
Foundation Details:
Frontage Type:
Garage Spaces:
48
Garage YN:
Yes
Green Energy Efficient:
Thermostat
Grounds:
Landscaped, Mature Trees, Sidewalks
Heating:
Central
Heating YN:
Yes
Horse Amenities:
Insurance Expense:
Interior Features:
Landlord:
Lease Amount Period:
0
Lease Expiration:
Lease Period:
Lease Term:
Approximate SqFt:
10156
Lot Features:
Lot Size Acres:
0.9739
Lot Size Area:
42423.084
Lot Size SqFt :
42423.084
Number Of Units In Community:
6
Open Parking YN:
Other Bldg SqFt:
0
Other Equipment:
Pole Sign, Roof Sign
Other Expense:
Other Structures:
Own Lot YN:
Parking Features:
Blacktop, Handicap, Paved
Parking Total:
48
Patio And Porch Features:
Pool Features:
Postal Code:
78504
Public Remarks:
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.
Repairs YN:
Retail SqFt:
10156
Road Frontage Type:
City Street
Road Surface Type:
Paved Road
Roof:
Metal
Room Office Area:
0
Security Features:
Security Lights
Security Deposit:
Sewer:
Spa Features:
Special Listing Conditions:
Status:
Active
Street Dir Prefix:
N
Street Dir Suffix:
Street Number:
6400
Street Suffix:
Street
Tax Annual Amount:
$29,173
Tax Year:
2023
Unit Number:
Unit SqFt:
Utilities:
Virtual Tour URL Branded:
Virtual Tour URL Unbranded:
Warehouse SqFt:
0
Water Comments:
Water Source:
Separate Water Meters
Waterfront Features:
Waterfront YN:
Window Features:
Year Built:
2006
Zoning:
C3
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