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7401 N 10th St
McAllen, TX 78504
LongHorn Steakhouse · Retail Property For Sale

PROPERTY FACTS

Property Type
Retail
Property Subtype
Restaurant
Building Size
6,446 SF
Building Class
C
Year Built
2011
Tenancy
Single
Building Height
1 Story
Building FAR
0.10
Lot Size
1.46 AC

ABOUT 7401 N 10TH ST , MCALLEN, TX 78504

The LongHorn Steakhouse property is strategically located in a dominant retail corridor. The property is well located along a primary north-south thoroughfare (25,772 VPD) where it has excellent visibility and easy access. Retailers in the immediate area include Sam’s Club, Target, H-E-B, Home Depot, Lowe’s, Walmart Supercenter, Best Buy and Kohl’s. Additionally, the property is also near Doctors Hospital at Renaissance, a large 530 bed health system that provides care to over 285,000 patients annually. There are over 90,000 people living within three miles of the property with an average household income of $85,833. LongHorn Steakhouse is known for a “Passion for Grilling” fresh, tender, juicy steaks and offers guests the widest variety of cuts and numerous preparations, including its signature bone-in Outlaw Ribeye, all served in a relaxed, warm atmosphere inspired by a rancher’s home. LongHorn Steakhouse has more than 500 restaurants across 40 states. The tenant is RARE Hospitality International, Inc., a wholly owned subsidiary of Darden Restaurants, Inc., doing business as LongHorn Steakhouse. Darden Restaurants, Inc. is publicly traded (NYSE: DRI) and is and investment grade rated company (Standard & Poor’s: BBB) with a $14.3 billion enterprise value*. *As of October 2018

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
V0535-00-001-0003-00
Land Assessment
$1,271,952
Improvements Assessment
$824,361
Total Assessment
$2,096,313
  • Listing ID: 14090044

  • Date on Market: 10/16/2018

  • Last Updated:

  • Address: 7401 N 10th St, McAllen, TX 78504

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