409 Mahl St Edinburg, TX 78539

This exceptional investment opportunity presents a fully leased, 10-unit commercial plaza located at 409 E Mahl Street, Edinburg, TX 78539. Built in 2008, this 21,300.84 square foot property boasts a prime location in downtown Edinburg, within walking distance of the new Hidalgo County Courthouse. The attractive stucco building features a pole sign, exterior lighting, and roof signage, enhancing its visibility and appeal. The property includes a convenient parking lot with 29 private parking spaces. Currently generating a monthly rental income of $10,050 (as of December 2023), translating to an annual income of $117,300 and a net operating income (NOI) of $105,089.20. Unit sizes range from 615 to 1,200 square feet. Tenants have demonstrated remarkable consistency over the years, and rents offer potential for future increases. This income-producing property represents a reliable, long-term investment poised for continued growth in equity and income, situated in the heart of the fastest-growing city within the McAllen-Edinburg-Mission metropolitan area – the fastest-growing metropolitan area in Texas. Minimal maintenance is required, making this a truly attractive proposition for discerning investors. The asking price is $1,350,000.