McAllen, TX - Loan Star Title Loans
$1,050,600
921 Hwy 83, McAllen, TX 78501
6.5
Cap Rate
68,289
NOI
Details:
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
Location
Gallery