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Corporate McDonald's Hwy 83 & 23rd st 3,700 SF Retail Building Penitas, TX 78576 $2,182,000 ($589.73/SF) 3.85% Cap Rate
Investment Highlights
- 2026 Construction. 3,700+/- SF Building on 1.33+/- Acre Site
- Directly Adjacent to Future Penitas Crossing – 58-AC Master-Planned Retail Center w/ Burlington, Ross, Marshalls, Five Below, LongHorn, & Olive Garden
- Tenant Strength: McDonald’s USA, LLC, BBB S&P, is the World’s Most Valuable Restaurant Brand with $40.5B in 2025 Revenue
- Prime Location within Liberty Corners Retail Center – Direct Frontage on US-83, a Rapidly Growing Retail Corridor Shadow-Anchored by Walmart
- Penitas, TX is Rapidly Transforming into a Regional Retail Destination Fueled by Millions in Investment from Major National Retailers
- Penitas, TX | Part of McAllen-Edinburg-Mission MSA: Emerging as a Powerhouse in Cross-Border Commerce | MSA Population: 1M+
Executive Summary
Brand New 20-Year Corporate Absolute NNN Ground Lease with 10% Rental Increases Every 5 Years and (8) 5-Year Renewal Options; OPPORTUNITY ZONE
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Building Size
3,700 SF
Building Class
B
Year Built
2026
Price
$2,182,000
Price Per SF
$589.73
Cap Rate
3.85%
NOI
$84,000
Tenancy
Single
Building Height
1 Story
Building FAR
0.06
Lot Size
1.33 AC
Opportunity Zone
Yes
Zoning
F1 - Commercial
Somewhat walkable
20/100
Exceptionally drivable
100/100
Somewhat bikeable
20/100
Nearby Major Retailers
Property Taxes
| Parcel Number | H4250-01-000-0233-00 | Improvements Assessment | $0 |
| Land Assessment | $3,687 | Total Assessment | $3,687 |
Property Taxes
Parcel Number
H4250-01-000-0233-00
Land Assessment
$3,687
Improvements Assessment
$0
Total Assessment
$3,687
Contacts
-
Anthony Pucciarello -
Joseph Caputo -
Morgan LeCorgne -
Bob Moorhead -
Secure Net Lease
1 of 8
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
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Corporate McDonald's | Hwy 83 & 23rd st
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