1109 W Expressway 83 | McAllen, TX 78503
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- LoopNet Team
1109 W Expressway 83
McAllen, TX 78503
Dutch Bros | 15-Yr. NNN Gd Lse | Fronts Mall · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- Dutch Bros: Strong National Tenant with Corporate Guaranty of Lease (NYSE: Bros) | Top 10 Coffee Chain in the US (Insider 2021)
- Growing Income Stream With 10% Rental Increases Every 5-Years
- New Pad Building Fronting the only Floor & Decor in the RGV & the 1.3m Sf SIMON La Plaza Mall
- New Long Term 15-Year Absolute NNN Ground Lease (Land Ownership)| 3 (5-Year) Options to Extend Lease Term
- Brand New 2023 Construction | Double Drive-Thru | Grand Opening Slated For January 2024
- 106,000 VPD I-2 FWY & Over 39,000 VPD at the Intersection of W. Expy. 83 And S. 10th St. | Close Proximity to Residential, Schools, Airport
PROPERTY FACTS
Property Type
Retail
Property Subtype
Building Size
950 SF
Building Class
B
Year Built
2024
Tenancy
Single
Building Height
1 Story
Building FAR
0.03
Lot Size
0.83 AC
Zoning
General Business
Frontage
197’ on W Expressway 83
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