2400 S McColl Rd | McAllen, TX 78503
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- LoopNet Team
2400 S McColl Rd
McAllen, TX 78503
NEW 7-ELEVEN W/ GAS | TOP 12% NATIONWIDE · Retail Property For Sale
Investment Highlights
- Long Term Absolute Net Lease Featuring 7.5% Rental Increases Every 5 Years and at Each Option.
- Positioned Along Area’s Major Retail & Traffic Corridor: Features Easy Access and Excellent Visibility at a Signalized Hard Corner.
- Significant Tax Benefits - Subject Property Qualifies for Tax Savings via Accelerated Depreciation and Cost Segregation.
- Brand New 2023 Construction Featuring a Gas Station and Laredo Taco. Strong Performing Location per Placer.ai: Top 12% in the Chain.
- Densely Populated Affluent Area: Features an Average Household Income of $90k+ w/in a 1-Mile Radius and 216k+ People Residing w/in a 5-Mile Radius.
- Strong Tenant - The Company is Ranked #129 on Fortune Global 500 List with a S&P Investment Grade Credit Rating of “A”.
PROPERTY FACTS
Property Type
Retail
Property Subtype
Building Size
4,650 SF
Year Built
2023
Tenancy
Single
Building Height
1 Story
Building FAR
0.06
Lot Size
1.79 AC
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