Description
Looking for an income producing commercial property with extremely stable, turn key, long term tenants in place?? Look no further. This commercial building is home to Kusina restaurant and Acute Dialysis Center along with the kiosk out front that is also being rented. Units A-D have long-standing leases in place with 10% annual increase options built into the existing lease agreements. This standalone strip center is in a prime location just south of Trenton on 23rd St. in McAllen. The building itself is in wonderful condition and the current occupants have invested well over $125,000 in repairs and build-outs. This could be an ideal investment for someone with 1031 exchange money, or for someone who is simply wanting to invest in stable commercial real estate.
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0BEDS
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0.85ACRES
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0BATHS
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01/2 BATHS
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7,125SQFT
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$133$/SQFT
School Ratings & Info
Description
Looking for an income producing commercial property with extremely stable, turn key, long term tenants in place?? Look no further. This commercial building is home to Kusina restaurant and Acute Dialysis Center along with the kiosk out front that is also being rented. Units A-D have long-standing leases in place with 10% annual increase options built into the existing lease agreements. This standalone strip center is in a prime location just south of Trenton on 23rd St. in McAllen. The building itself is in wonderful condition and the current occupants have invested well over $125,000 in repairs and build-outs. This could be an ideal investment for someone with 1031 exchange money, or for someone who is simply wanting to invest in stable commercial real estate.
IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS or Greater McAllen Star Properties, Inc.. Data last updated: 2023-03-31T21:16:55.813.