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Betty Gaston Realtor® Broker/Owner
Gaston Properties
Edinburg TX 78539
(956) 381-0941 Office
(956) 607-3214 Cell
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Listing Details
List Price: $2,900,000
MLS Number: 329706
Sq Ft Total: 21341
Acreage: 3.84000
Baths Full:  
Baths Half:  
Baths Total:  
Property Sub Type: Commercial
Property Type: Commercial
Est Sq Ft:  
Lot Sq Ft: 167270
Office Sq Ft: 0
Other Bldg Sq Ft: 0
Retail Sq Ft: 21341
Unit Sq Ft:  
Warehouse Sq Ft: 0
Street Dir Prefix: N
Street Number: 815
Street Name: Closner
Street Suffix: Boulevard
Subdivision: Vector
Stories: 1.00
City: Edinburg
County: Hidalgo
Energy Features: Programmable Thermostat
Est Year Built: 1977
Exterior Siding: Concrete Block, Stucco
Flooring Type: Concrete
Garage Carport:  
Garage Spaces: 0.00
Grounds: Other, Sidewalks
HVAC: Central, Electric
Parking: Paved
Postal Code: 78541
Potential Lease Type:  
Present Use: Business Service, Daycare, Professional Service, Restaurant, Retail
Presently Leased YN: Yes
Roof: Other
Site Features: Restrooms-Private, Restrooms-Public
State: Texas
Suitable Use:  
Units Total:  
Utilities:  
Unit Count: 4
Unit Number:  
Virtual Tour URL:  
Water Comments:  
Water Heater: Electric, Programmable Thermostat
Water Sewer:  
Zoning: C
Improvements:  
Maintenance Expense:  
Topography Description:  
Public Remarks: The retail plaza at the northwest corner of N Closner Blvd and W Schunior St is on the market. This center is on 3.84 acres and has 21, 341 ft.² of rentable space. There are four existing tenants including Fast Eddie's, an Adult Daycare, a laundromat and a freestanding Subway restaurant. The leases for these tenants expire in 2021 and 2024. Combined these uses are generating an effective gross income of $247, 000 per year. Net operating income after deduction of taxes, insurance, management fees, utilities and CAM, is $176, 525. The center is nine blocks North of the new Hidalgo County courthouse which is under construction, and 1/2 mile from the UTRGV campus. There are over 55, 000 people and 17, 000 households within a 3-mile radius of the site. TAX GEO ID:V2900-00-001-0001-00 & E3200-00-00B-0005-01
IDX
Listing Office Name: NAI Rio Grande Valley
Listing Office Phone: (956) 731-4402
Listing information provided by Greater McAllen Association of REALTORS MLS. Information is deemed to be reliable but is not guaranteed.