Log In/Sign Up
Your email has been sent.
708 N Conway Ave
Mission, TX 78572
Two Retail Centers - HEB Grocery out parcel · Retail Property For Sale
Investment Highlights
- Shadow-anchored by H-E-B, a major regional grocer attracting strong daily traffic
- Upside potential with below-market rents and conversion opportunities to NNN leases
- Located in a high-growth trade area with projected population nearing 171,000 within 5 miles
- Fully leased retail center providing immediate in-place cash flow
- Positioned on N. Conway Avenue with 20,000 vehicles per day for strong visibility
- Surrounded by national tenants, including Walmart, Family Dollar, and major QSR brands
Executive Summary
ICO Real Estate is pleased to exclusively offer for sale an H-E-B shadow-anchored retail center located within a high-growth corridor surrounded by national retailers. The property represents a compelling investment offering investors stable in-place cash flow from day one, along with meaningful value-add upside through the ability to increase below-market. This combination of existing income and future NOI growth creates a rare opportunity in one of South Texas’ fastest-growing markets.
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Freestanding
Building Size
7,488 SF
Building Class
B
Year Built
1997
Price
$3,200,000
Price Per SF
$427.35
Percent Leased
87%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.40
Lot Size
0.43 AC
Zoning
General Commercial - The property is situated within a retail commercial zone that supports a wide range of consumer-oriented uses and services.
Frontage
51’ on N Conway Ave
Amenities
- Signage
Property Taxes
| Parcel Numbers | Improvements Assessment | $663,631 | |
| Land Assessment | $495,916 | Total Assessment | $1,159,547 |
Property Taxes
Parcel Numbers
Land Assessment
$495,916
Improvements Assessment
$663,631
Total Assessment
$1,159,547
1 of 10
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
