2120 Redbud Ave | McAllen, TX 78504
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- LoopNet Team
2120 Redbud Ave
McAllen, TX 78504
ATT Service Facility - Over 47 Years Here · Industrial Property For Sale
INVESTMENT HIGHLIGHTS
- Prime Location: ±6,814-square-foot, single-tenant industrial building located in McAllen, Texas, a strategic hub for commercial real estate
- Built-in Longevity: With two five-year renewal options, the tenant has the opportunity to extend occupancy, supporting asset appreciation
- Steady Cash Flow: A corporate-backed lease ensures reliable rental income over the initial five-year term, reducing risk for investors.
- Attractive Return Potential: Current CAP Rate: 7.01% Pro-Forma CAP Rate: 7.47%
- Long Term HIstory: ATT Service has been at this Location for over 47 Years
- Favorable Lease Structure: Structured as a double net (NN), operating expenses are minimized, enhancing net returns.
PROPERTY FACTS
| Property Type | Industrial | No. Stories | 1 |
| Property Subtype | Year Built | 1966 | |
| Building Class | B | Tenancy | Single |
| Lot Size | 2.55 AC | Parking Ratio | 10/1,000 SF |
| Rentable Building Area | 6,814 SF | ||
| Zoning | Industrial | ||
| Property Type | Industrial |
| Property Subtype | |
| Building Class | B |
| Lot Size | 2.55 AC |
| Rentable Building Area | 6,814 SF |
| No. Stories | 1 |
| Year Built | 1966 |
| Tenancy | Single |
| Parking Ratio | 10/1,000 SF |
| Zoning | Industrial |
AMENITIES
- 24 Hour Access
- Fenced Lot
- Security System
- Signage
- Air Conditioning
PROPERTY TAXES
| Parcel Number | I6000-02-003-0001-00 | Improvements Assessment | $409,044 |
| Land Assessment | $499,500 | Total Assessment | $908,544 |
PROPERTY TAXES
Parcel Number
I6000-02-003-0001-00
Land Assessment
$499,500
Improvements Assessment
$409,044
Total Assessment
$908,544
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