For Sale
$6,900,000
2246 Nolana AveMcAllen, TX 78504
High-traffic McAllen retail plaza, strong NOI.
Overview
- Added:
- Dec 11, 2024
- Days on market:
- 125
Highlights
- 68,558 SF retail property in McAllen, TX.
- Single-story, Class B building on a 4.51-acre lot.
- 100% occupancy across 15 units.
- $441,412 annual NOI, 6.40% cap rate, $6,900,000 asking price ($100.64/SF).
- High visibility location with strong traffic counts (30,785 VPD on Nolana Ave, 122,480 VPD on 23rd St).
- Net lease investment with diverse tenant mix (bars, restaurants, storefronts).
Property Details for 2246 Nolana Ave
- Property type
- Retail properties, Restaurants
- Square Feet
- 68,558 SF
- Class
- B
- Year Built
- 1984
- Buildings
- 1
- Stories
- 1
- Lot Size (sq. ft)
- 196,848 SF
- Units
- 15
Location Insight
- City
- McAllen
- County
- Hidalgo
- State
- Texas
- Latitude
- 26.2418822
- Longitude
- -98.2386877
2246 Nolana Ave, McAllen, Texas
Nearby Similar for Sale
FAQs
- What type of property is this?
- Retail property - High-traffic McAllen retail plaza, strong NOI.
- Where is the retail property located?
- The property is located at 2246 Nolana Ave McAllen, TX.
- What is the asking price?
- The asking price for this property is $6,900,000.
- What are key features of this property?
- This property features: 68,558 SF retail property in McAllen, TX.; Single-story, Class B building on a 4.51-acre lot.; 100% occupancy across 15 units.
- How can I contact the broker?
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