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4 Acres in Mcallen, TX - $6,100,000

4 acre tract located across from La Plaza Mall. Site includes a 14,600 sq. ft. high quality retail building occupied by Azhar's Rugs. Tenant will lease the building for $240,000\year NNN. Tenant operates stores across the U.S. Lease payment will cover 90% of a typical loan payment with 30% down. Sites sell for $25 to $35 per sq. ft. along this segment of Expy 83. One of the busiest retail corridors in the state. Rooms to Go paid $30\sq. ft. for their site 1\2 block away. +\- 3 acres available for development.

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The Smith Company

License #0328817

Corpus Christi, TX

(361) 443-3399