1300 Macco Dr - Office FOR SALE


Pharr, TX 78577
$9,030,000 USD
918-803-4815
1300 Macco Dr, Pharr, TX for Sale
$9,030,000 USD
Office - FOR SALE
1/3
null | 7.5% Cap Rate

1300 Macco Dr
Pharr, TX 78577


HIGHLIGHTS

  • Corporate NNN Lease: Charter Communications, Inc. (NASDAQ: CHTR)
  • Long-Term Lease with Options & Desirable Rent Increases
  • Newly Renovated Call Center
  • Educated and Bilingual Workforce
  • Income Tax-Free State

OVERVIEW

Northmarq is pleased to exclusively offer qualified investors the opportunity to acquire a single-tenant call center located at 1300 Maco Drive in Pharr, Texas (the “Property”). The Property features a 48,696 square feet building situated on ±4.99 acres, and is leased to Spectrum Gulf Coast, LLC, a subsidiary of Charter Communications, Inc. (the “Tenant”). The Tenant just signed a 10.5-year NNN lease, which commenced in March 2024. This newly renovated call center supports roughly 500 new jobs at this location. In Association With: Jim Gibson, TX Lic 392926

FOR SALE DETAILS

PRICE

$9,030,000 USD

PRICE/SF

$185 USD /SF

CAP RATE

7.5%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Spectrum Call Center

PROPERTY TYPE

Office

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

C

YEAR BUILT

2008

SPRINKLERS

-

PARKING SPACES

332

LAND DETAILS

LAND ACRES

4.99 AC

LAND SF

217,364 SF

ZONING

F1

APN/PARCEL ID

M0153-00-000-0008-05

ASK ABOUT THIS PROPERTY

Collin MeadorsNorthmarqMore Info
918-803-4815

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Collin MeadorsNorthmarqMore Info
918-803-4815

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.