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5600 N Ware Rd
McAllen, TX 78504
7-Eleven · Retail Property For Sale

PROPERTY FACTS

Property Type
Retail
Property Subtype
Service Station
Building Size
4,794 SF
Building Class
C
Year Built
2007
Tenancy
Single
Building Height
1 Story
Building FAR
0.07
Lot Size
1.66 AC
Zoning
F2
Parking
24 Spaces (5.01 Spaces per 1,000 SF Leased)

AMENITIES

  • Corner Lot
  • Dedicated Turn Lane
  • Pylon Sign
  • Signage
  • Signalized Intersection
  • Air Conditioning

ABOUT 5600 N WARE RD , MCALLEN, TX 78504

This 7-Eleven investment property is located at 5600 North Ware Road on a hard corner of a signalized intersection. North Ware Road boasts average daily traffic counts exceeding 26,702 vehicles. North Ware Road intersects with West Dove Avenue which brings an average additional 24,338 vehicles into the immediate area per day. The subject property benefits from being located in a heavily populated area. There are more than 92,538 individuals residing within a three-mile radius of the property and 207,884 individuals within a five-mile radius of the property. The subject property benefits from being well-positioned in a highly dense retail corridor consisting of national and local tenants. Major national tenants include: Family Dollar, Walmart, Target, Dollar Tree, Goodwill, Sally Beauty, Starbucks, Burger King, Jack in the Box, Chick-fil-A, as well as many more. The subject property benefits from its close proximity to several academic institutions. Most notable is South Texas College, located less than three miles away, with a total enrollment exceeding 31,000 students. The subject property benefits from being located five miles from Edinburg Regional Medical Center, a 102-bed hospital. McAllen is located at the southern tip of the state in the Rio Grande Valley and is the largest city in Hidalgo County. McAllen is located 70 miles west of the Gulf of Mexico. The Rio Grande Valley began its rapid development with the introduction of irrigation in 1898 and the construction of the railroad in 1904, turning the region into a major agricultural center. Toady, the area is transforming into a major international trade area. The city is developing first rate commercial, retail, industrial, medical, retirement, and educational facilities. The McAllen Foreign Trade Zone (FTZ) is a pivotal foreign trade zone, as is the McAllen Miller International Airport, which facilitates air cargo needs. Under U.S. and Mexican laws and NAFTA provisions, the FTZ designation offers specific cost-saving opportunities to manufacturers. Products can be brought into the FTZ duty-free. Services have expanded to include full logistic support services, including public warehouse services such as pick and pack, order processing, inventory control, incoming/outgoing quality inspection and kitting. As well as being major trade center there are various industry clusters in the town. These include auto assembly, consumer products, distribution & logistics, and medical manufacturing.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
H5254-00-000-0001-00
Land Assessment
$469,307
Improvements Assessment
$529,463
Total Assessment
$998,770
  • Listing ID: 13745680

  • Date on Market: 9/10/2018

  • Last Updated:

  • Address: 5600 N Ware Rd, McAllen, TX 78504

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