For Sale
$1,200

1716 Alamo Rd Alamo, TX 78516

High-traffic retail space, 800 sq ft, 3 units.

Property Records

Overview

Added:
Dec 11, 2024
Days on market:
138
This exceptional retail storefront opportunity is located at 1716 N. Alamo Road in Alamo, Texas, 78516. The property, built in 2013, is part of a seasoned plaza boasting outstanding traffic counts and sits on a 2.63-acre lot. The property consists of three retail units, each approximately 800 square feet, totaling 2400 square feet. Units 3 and 4 can be combined for a larger space. The units are currently white-boxed and ready for tenant improvements. The property features a large paved parking lot and pylon signage is available. The asking price is $1,200 per month, representing a price per square foot of $1.50. The lease is a modified gross lease with water included. Annual property taxes are $13,618. The property has a 12% cap rate and is currently 70% occupied with a remaining lease term of one year. City water and sewer are available. The property is conveniently located on North Alamo Road, south of Minnesota Road, providing excellent visibility and accessibility. This investment opportunity offers a strong return with potential for significant growth. Minimum divisible area is 800 square feet, and the maximum contiguous area is also 800 square feet. The road type is a city/town street.

Highlights

  • Annual property taxes: $13,618.
  • Maximum contiguous space: 800 square feet.
  • Minimum divisible space: 800 square feet.
  • Located on a city/town street.
  • City sewer available.
  • City water available.

Property Details for 1716 Alamo Rd

Property type
Neighborhood centers, Retail properties
Square Feet
800 SF
Year Built
2013
Lot Size (sq. ft)
114,563 SF
Units
3

Location Insight

City
Alamo
County
Hidalgo
State
Texas
Latitude
26.2294458
Longitude
-98.1144687

FAQs

What type of property is this?
Neighborhood center - High-traffic retail space, 800 sq ft, 3 units.
Where is the neighborhood center located?
The property is located at 1716 Alamo Rd Alamo, TX.
What is the asking price?
The asking price for this property is $1,200.
What are key features of this property?
This property features: Annual property taxes: $13,618.; Maximum contiguous space: 800 square feet.; Minimum divisible space: 800 square feet.
How can I contact the broker?
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1716 Alamo Rd
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