601 E Nolana Avenue

    Mcallen, TX 78501
    • $1,775,000
    • STATUS: Active
    • ON SITE: 70 days
    • MLS #: 213922
    $1,775,000
    • 0
      BEDS
    • 2.2
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 20,070
      SQFT
    • $88
      $/SQFT
    Neighborhood:
    Type:
    Commercial
    Built:
    1993
    County:
    Area:

    School Ratings & Info

    Description

    601 E. Nolana is a 20,070 SF multi-tenant office strip center in McAllen at the NW corner of McColl and Nolana (not hard corner). Currently leased to two tenants (Suite A & B in 4,500 SF & Suite C & D in 15,570 SF), the property does allow for room to expand for future tenants with frontage on McColl Road. Current gross rents of $12,950 per month, with room for lease rates to be increased. Not included in this sales price and description is an adjoining 0.44 acre pad site that is also for sale for $249,000. Sellers would consider selling these two properties together or separately, Developing out the vacant pad site, & the remaining strip center raw land on the east side of the existing building could make this a real money maker for an investor that is also comfortable w/ construction

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    © 2018 Greater McAllen Association of Realtors Multiple Listing Service.
    IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS or Jinks Realty. Data last updated: 2018-01-21T00:17:41.863.
    www.jinksrealty.com/homes/78703902

    601 E Nolana Avenue Mcallen, TX 78501

    • Price: $1,775,000
    • Status: Active
    • MLS #: 213922
    0
    Beds
    0
    Baths
    0
    ½ Baths
    2.2
    Acres
    20,070
    SQFT
    $88
    $/SQFT
    1993
    Built
    Neighborhood:
    Other
    County:
    Hidalgo
    Area:
    Mcallen
    Property Description
    601 E. Nolana is a 20,070 SF multi-tenant office strip center in McAllen at the NW corner of McColl and Nolana (not hard corner). Currently leased to two tenants (Suite A & B in 4,500 SF & Suite C & D in 15,570 SF), the property does allow for room to expand for future tenants with frontage on McColl Road. Current gross rents of $12,950 per month, with room for lease rates to be increased. Not included in this sales price and description is an adjoining 0.44 acre pad site that is also for sale for $249,000. Sellers would consider selling these two properties together or separately, Developing out the vacant pad site, & the remaining strip center raw land on the east side of the existing building could make this a real money maker for an investor that is also comfortable w/ construction
    Exterior Features

    Exterior Siding Brick Grounds Mature TreesLandscapedSidewalksSprinkler System Lot Dimensions irregular Parking Paved Parking Spaces 100.00 Roof Other Stories 1

    Interior Features

    Ceiling Height 8 Energy Features Other Floors ConcreteTileVinylOther Heating Central Office Sq Ft 20070 Other Bldg Sq Ft 0 Retail Sq Ft 0 Site Features Security LightingFire Plug Warehouse Sq Ft 0

    Property Features

    Base Taxes 37898. Commercial Type Commercial Sale Present Use Office Presently Leased Yes Utilities SewerPublic Water Water Heater ElectricOther

    Listing by Blake J. Box - Broker of Aztec Realty & Investments, Llc
    © 2018 Greater McAllen Association of Realtors Multiple Listing Service.
    IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS or Jinks Realty. Data last updated: 2018-01-21T00:17:41.863.
    Jinks Realty
    502 West University Dr.
    Edinburg TX, 78539