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McAllen, TX - Loan Star Title Loans

$1,050,600

921 Hwy 83, McAllen, TX 78501

Active
Last Updated: 10/31/2025

6.5

Cap Rate

68,289

NOI

Details:
Cap Rate:    6.5%
NOI:    $68,289
Building Size:    1,104 sqft
Lot Area:    0.26 acres
Year Built:    1988
Description:

• The tenant, Loan Star Title Loans, has approximately 19 years remaining on its lease with 2 (5-year) options to extend, demonstrating their commitment to the site
• The lease features 3% annual rental increases throughout the initial term and option periods, steadily growing NOI and hedging against inflation

• The subject property is strategically located along Highway 83, a heavily traveled corridor with over 25,000 vehicles per day
• The property benefits from excellent visibility and access, positioned in the heart of McAllen’s dominant retail trade area.
• Surrounded by top national and credit tenants including Walmart, Target, Lowe’s, Costco, Sam’s Club, Best Buy, Marshalls, Ross, Burlington, and The Home Depot

Map:
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