1020 S 23rd St | McAllen, TX 78501
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1020 S 23rd St
McAllen, TX 78501
7-Eleven · Retail Property For Sale
Investment Highlights
- 12 year absolute NNN lease to an investment grade tenant in 7-Eleven, Inc. (S&P:A).
- National tenants in the area include Walmart Supercenter, Target, Costco Wholesale, The Home Depot, H-E-B Plus, and Petco.
- 10% rental bump in Q4 2026 and then every 5 years thereafter providing a strong hedge against future inflation.
- Situated along highly trafficked N 23rd St, seeing more than 23,000 VPD.
Property Facts
Property Type
Retail
Property Subtype
Convenience Store
Building Size
2,240 SF
Building Class
C
Year Built
1977
Tenancy
Single
Building Height
1 Story
Building FAR
0.27
Lot Size
0.19 AC
Zoning
UAB
Property Taxes
| Parcel Number | C4950-00-000-0001-00 | Improvements Assessment | $64,055 |
| Land Assessment | $111,622 | Total Assessment | $175,677 |
Property Taxes
Parcel Number
C4950-00-000-0001-00
Land Assessment
$111,622
Improvements Assessment
$64,055
Total Assessment
$175,677
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