600 Bicentennial BlvdMcAllen, TX 78501

For Sale
$3,600,000
29,232 SF Medical Office, $3.6M

Overview

Added:
Dec 11, 2024
Days on market:
125
This exceptional 29,232-square-foot medical office building in McAllen, Texas, presents a compelling owner-user opportunity. Located on a high-visibility thoroughfare, this single-story Class B building boasts easy access and ample parking (218 spaces). Currently housing two tenants, one of which, Grifols (plasma donation), occupies 13,357 square feet and recently renewed their lease through 2027, with two five-year renewal options extending the lease to 2037. The remaining approximately 15,875 square feet is fully built-out as a medical office, featuring various patient rooms, nurse stations, and practitioner offices, ideal for an end-user or future tenant. The property sits on a 2.48-acre lot and is zoned C-4. The asking price is $3,600,000, translating to $123.15 per square foot. Built in 1992, this multi-tenant property offers a modified lease structure. Strong demographics and high visibility make this a prime investment in a thriving Texas market. This is a rare opportunity to acquire a well-established medical office building with significant long-term lease potential.

Highlights

  • Talecris Plasma Resources, established long-term tenant.
  • Ample parking with approximately 218 spaces.
  • Excellent demographics.
  • High visibility and convenient access.

Property Details for 600 Bicentennial Blvd

Property type
Office properties, Medical offices
Square Feet
29,232 SF
Class
B
Year Built
1992
Lot Size (sq. ft)
108,029 SF
Units
2

Location Insight

City
McAllen
County
Hidalgo
State
Texas
Latitude
26.199936
Longitude
-98.240269
600 Bicentennial Blvd, McAllen, Texas

FAQs

What type of property is this?
Office property - 29,232 SF Medical Office, $3.6M
Where is the office property located?
The property is located at 600 Bicentennial Blvd McAllen, TX.
What is the asking price?
The asking price for this property is $3,600,000.
What are key features of this property?
This property features: Talecris Plasma Resources, established long-term tenant.; Ample parking with approximately 218 spaces.; Excellent demographics.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
How do I access a private listing?
Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
How do I unsubscribe from emails?
At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].
600 Bicentennial Blvd
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your first name
Please enter your last name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Select size
Please enter message