4501 W Expressway 83 | Mission, TX 78501
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4501 W Expressway 83
Mission, TX 78501
Modern Shops on 83 · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- Building is Newer 2016 Construction with a 10-Year Roof Warranty
- 100% Occupied | All Leases are NNN
- Complementary Mix of Internet-Resistant Tenants
- 100% Occupied | All Leases are NNN
- Current Average Rents are Below Market
PROPERTY FACTS
Property Type
Retail
Property Subtype
Freestanding
Building Size
12,900 SF
Building Class
B
Year Built
2016
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.24
Lot Size
1.23 AC
Parking
82 Spaces (6.31 Spaces per 1,000 SF Leased)
Frontage
AMENITIES
- Pylon Sign
- Signage
ABOUT 4501 W EXPRESSWAY 83 , MISSION, TX 78501
Marcus & Millichap is pleased to offer the opportunity to acquire a 13,000-square foot, multi-tenant retail center in McAllen, Texas. Modern City Shops is 100 percent leased, and all leases are triple net. The center is a complementary mix of internet-resistant tenants, consisting of BurgerFi, Texas Federal Wellness Center, Pediatrics Express Plus, and Sooth Dental. Constructed in 2016, the building is situated on a 1.23-acre lot with ample concrete parking.
PROPERTY TAXES
| Parcel Number | B2619-00-000-0003-00 | Improvements Assessment | $1,153,180 |
| Land Assessment | $1,060,860 | Total Assessment | $2,214,040 |
PROPERTY TAXES
Parcel Number
B2619-00-000-0003-00
Land Assessment
$1,060,860
Improvements Assessment
$1,153,180
Total Assessment
$2,214,040
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