Log In/Sign Up
Your email has been sent.
1313 & 1317 E. Jasmine Avenue, McAllen 2 Flex Properties Offered at $3,450,000 in McAllen, TX
Investment Highlights
- 7.81% Cap Rate
- 100% Leased
- National and Regional Tenants
Executive Summary
This is a unique opportunity to acquire two neighboring flex space buildings, 1313 E. Jasmine Ave. and 1317 E. Jasmine Ave., offered together as a portfolio for $3,700,000. Both properties are zoned C-4 (Commercial Industrial), ideal for businesses requiring a mix of office and warehouse space. The strategic location near Interstate Highway 2 and Business Highway 83 ensures excellent connectivity. The portfolio features 65% nationwide medical-related tenants for over 15 years and a well-established, growing local business that has tripled in size in five years, offering strong visibility, versatility, and long-term potential for owner-users or investors.
100% Leased | NNN Lease | Extremely Low Maintenance Costs
Concrete Buildings with Roofs Recently Redone
Convenient Access to Interstate Highway 2 and Business Hwy 83
The Storage Area is (Air Conditioned)
Cap Rate: 7.81%
100% Leased | NNN Lease | Extremely Low Maintenance Costs
Concrete Buildings with Roofs Recently Redone
Convenient Access to Interstate Highway 2 and Business Hwy 83
The Storage Area is (Air Conditioned)
Cap Rate: 7.81%
Data Room Click Here to Access
- Offering Memorandum
Property Facts
| Price | $3,450,000 | Number of Properties | 2 |
| Price / SF | $198.28 / SF | Individually For Sale | 0 |
| Cap Rate | 7.81% | Total Building Size | 17,400 SF |
| Sale Type | Investment | Total Land Area | 0.52 AC |
| Status | Active |
| Price | $3,450,000 |
| Price / SF | $198.28 / SF |
| Cap Rate | 7.81% |
| Sale Type | Investment |
| Status | Active |
| Number of Properties | 2 |
| Individually For Sale | 0 |
| Total Building Size | 17,400 SF |
| Total Land Area | 0.52 AC |
Properties
| Property Name / Address | Property Type | Size | Year Built | Individual Price |
|---|---|---|---|---|
|
Jasmine
1317 E Jasmine Ave, McAllen, TX 78501 |
Flex | 9,600 SF | 2000 | - |
| 1313 E Jasmine Ave, McAllen, TX 78501 | Flex | 7,800 SF | 2007 | - |
1 1
1 of 10
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
1 of 1
Presented by
1313 & 1317 E. Jasmine Avenue, McAllen
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.
Your message has been sent!
Activate your LoopNet account now to track properties, get real-time alerts, save time on future inquiries, and more.