Remarks

Step into an attractive 8,188?SF, single-story flex building strategically situated at the hard corner of Cage Blvd & Hall Acres Rd. This location provides maximum visibility in the busy Pharr corridor Built in 2009 and fully occupied by long-term, creditworthy tenants. . At $1,000,000, this asset is offered well below replacement cost, a rare find in the rapidly growing upper Rio Grande Valley. With a 10.3% cap rate at the asking price, this property delivers steady, hassle-free cash flow from day one The shared parking lot provides adequate parking for most business and client needs. Suite 700, one of the end cap spaces, is deal for pharmacies, quick-service eateries, or banks. This is a true passive income opportunity with strong upside.

Details

MLS#: 465333
Price: $1,000,000

Style: Commercial
Sq Ft: 8188
Year Built: 2009

County: Hidalgo
Subdivision: Pharr Shops
Tax Fee: 19647