1301 N McColl Rd - Retail FOR SALE
Edinburg, TX 78541 |
$1,320,000 USD
972-755-5205
1301 N McColl Rd
Edinburg, TX 78541
HIGHLIGHTS
- Absolute Net Lease with 8.7 Years Remaining
- Excellent Access and Visibility on North McColl Road (18,184 VPD), Near West Chapin Street (8,111 VPD)
- More Than 140,188 Residents and 153,816 Employees Within a Five-Mile Radius
- Attractive Corner-Entry Store on Oversized 1.61-Acre Parcel (70,280 SF)
- Near the University of Texas Rio Grande Valley - 9th Largest University by Population in Texas (34,343 Enrolled in Fall 2024)
OVERVIEW
Marcus & Millichap is pleased to present the opportunity to acquire an absolute net lease Dollar General in Edinburg, TX. The property consists of a 7,545-square-foot, freestanding building that sits on approximately 1.61 acres of land. There are 8.7 years remaining on the lease with 10% rental increases in each option.
FOR SALE DETAILS
PRICE
$1,320,000 USD
PRICE/SF
$175 USD /SF
CAP RATE
6.75%
% LEASED
-
TENANCY
-
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
Dollar General (Seller Financing)
PROPERTY TYPE
Retail
TOTAL BUILDING SIZE
-
STORIES
1
YEAR BUILT
2018
SPRINKLERS
-
PARKING SPACES
-
LAND DETAILS
LAND ACRES
1.61 AC
LAND SF
70,132 SF
ZONING
-
APN/PARCEL ID
T2100-00-237-0011-00
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972-755-5205
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972-755-5205
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