13500 & 13600 E. State Highway 107
La Blanca, TX
Retail for Sale - $1,250,000 - 11,241 Sq. Ft.
Agent Info
Ernest Garza Coldwell Banker Commercial Rio Grande Valley |
Property Info
CIMLS# | 1152087 |
Location 13500 & 13600 E. State Highway 107 La Blanca TX 78558 | |
Updated | January 29th, 2024 |
Type | Retail |
Price | $1,250,000 |
Building | 11,241 Sq. Ft. |
Property Description
Incredible Investment Opportunity! Present your offer for this revenue-generating strip center. Listed with a stabilized cap rate of 9.4%, this property is situated in a prime retail location within a semi-rural area. Currently boasting a 90% occupancy rate and featuring lower annual property taxes, it accommodates a variety of business users such as hair salons, restaurants, nail salons, phone stores, and office spaces—ideal for personal business ventures or rentals with a substantial return on investment potential. Additionally, there is an opportunity to negotiate cross-access with neighboring commercial property and a convenience store.