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1701 Dove Ave
McAllen, TX 78504
Las Palmas · Retail Property For Sale
Investment Highlights
- 92% Occupied | 72% of the Gross Leasable Area has Gross Leases | Leases Contain No Options for Renewal
- Tenants are a Complementary Mix of Service-Oriented Businesses
- Significant Upside Potential in Converting Leases to Triple-Net
- Located on the Hard Corner of West Dove Avenue and North 17th Street
Property Facts
Property Type
Retail
Property Subtype
Storefront
Building Size
22,932 SF
Building Class
B
Year Built
2005
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.25
Lot Size
2.11 AC
Zoning
C-3 - General Business
Parking
119 Spaces (5.16 Spaces per 1,000 SF Leased)
Frontage
246’ on Dove Ave
Amenities
- Pylon Sign
- Signage
About 1701 DOVE AVE , MCALLEN, TX 78504
Marcus & Millichap is pleased to offer the opportunity to acquire a 22,932-square foot, multi-tenant retail center located in McAllen, Texas. Las Palmas is currently 92 percent occupied, and 72 percent of the gross leasable area has gross leases providing significant upside potential to an investor. The center is a complementary mix of internet-resistant tenants, consisting of R.I.O Men Barber School, The Spot Barber Shop, Vape Station, Rendon Affordable Jewelers, Gracie Barra Brazilian Jiu Jitsu, The iPhone Clinic, Health Nut, Valley Running, and Montebikes. Constructed in 2005, the building is situated on a 2.11-acre lot.
Property Taxes
| Parcel Number | N6600-02-04A-0000-00 | Improvements Assessment | $1,423,828 |
| Land Assessment | $1,103,276 | Total Assessment | $2,527,104 |
Property Taxes
Parcel Number
N6600-02-04A-0000-00
Land Assessment
$1,103,276
Improvements Assessment
$1,423,828
Total Assessment
$2,527,104
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