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- LoopNet Team
3513 N Closner Blvd
Edinburg, TX 78541
Junior's Plaza · Retail Property For Sale
Investment Highlights
- New 2017 Construction | 11,226-Square Foot, Multi-Tenant Retail Center
- Per Leases, Tenants are Responsible for Water, Sewer, Electric, Internet, Cable, HVAC Service Contract, and HVAC Replacement
- 100% Occupied | 90% of the Gross Leasable Area has Gross Leases | Significant Upside Potential by Converting Leases to Triple-Net
- A-Max and Famsa have Corporate Guarantors | Wingstop, Don Marisco, and Serrano Libra x Libra have Personal Guarantors
PROPERTY FACTS
About 3513 N Closner Blvd , Edinburg, TX 78541
Marcus & Millichap is pleased to offer the opportunity to acquire an 11,124-square foot, multi-tenant retail center located in Edinburg, Texas. Junior's Plaza is currently 100 percent occupied, and 90 percent of the gross leasable area has gross leases, providing significant upside potential by converting the leases to triple-net. The center is a mix of national and regional tenants including Little Caesars, A-Max Auto Insurance, Don Marisco, Wingstop, Dulces Colibri, The Barbers Club, and Serrano's Libra x Libra Sports Grill. Constructed in 2017, the property is inline with Junior's Super Market and situated on 1.69 acres.
PROPERTY TAXES
| Parcel Number | J9520-00-000-001A-00 | Improvements Assessment | $867,339 |
| Land Assessment | $294,466 | Total Assessment | $1,161,805 |
PROPERTY TAXES
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