600 N Main Street, Donna, TX 78537
- $2,150,000
- 8,856
- SqFt
- List Price
- $2,150,000
- Price Change
- ▼ $100,000 1784333439
- Status
- ACTIVE
- MLS#
- 505426
- Living Area
- 8,856
- Lot Size (Acres)
- 0.66
- Year Built
- 2022
Property Description
2022 Retail Center on Hard Corner | 5 of 6 Leased Thru 2029 + Value-Add Upside Black Rock CRE is pleased to offer 600 N. Main St., a 2022-built ±8,573 SF multi-tenant retail center on a signalized hard corner off Expressway 83 (I-2) in Donna, TX, with shared access to CVS. Five of six suites are leased to a stable service/convenience mix, with five leases now running through 2027–2029. Offered at $2,150,000 (6.3% in-place cap), the center delivers day-one cash flow plus clear upside: leasing the single vacant 1,310 SF suite lifts the yield to ~7.7% stabilized; a newer, low-maintenance asset in the fast-growing McAllen MSA.
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Additional Information
- Area
- Donna
- Subdivision
- Cvs-Donna
- Stories
- 1
- Garage Spaces
- 38
- Heating
- Central
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Listing courtesy of Black Rock Cre.