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    815 N Closner Boulevard

    Edinburg, TX 78541
    • $2,900,000
    • STATUS: Active
    • ON SITE: 202 days
    • MLS #: 329706
    UPDATED: 54 min ago
    $2,900,000
    • 0
      BEDS
    • 3.84
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 21,341
      SQFT
    • $136
      $/SQFT
    Neighborhood:
    Type:
    Commercial
    Built:
    1977
    County:
    Area:

    School Ratings & Info

    Description

    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. 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

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    © 2020 Greater McAllen Association of Realtors Multiple Listing Service.
    IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS or Realty Executives Rio Grande Valley. Data last updated: 2020-09-25T11:16:28.193.
    www.mcallenrealestate.com/homes/103913298
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    815 N Closner Boulevard Edinburg, TX 78541

    • Price: $2,900,000
    • Status: Active
    • Updated: 54 min ago
    • MLS #: 329706
    0
    Beds
    0
    Baths
    0
    ½ Baths
    3.84
    Acres
    21,341
    SQFT
    $136
    $/SQFT
    1977
    Built
    Neighborhood:
    Vector
    County:
    Hidalgo
    Area:
    Edinburg
    Property Description
    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. 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
    Exterior Features

    Access City StreetPaved Road Carport Spaces 0.00 Exterior Siding Concrete BlockStucco Grounds OtherSidewalks Parking Paved Roof Other

    Interior Features

    Flooring Type Concrete Office Sq Ft 0 Other Bldg Sq Ft 0 Retail Sq Ft 21341 Warehouse Sq Ft 0 Water Heater ElectricProgrammable Thermostat

    Property Features

    Amenities Separate Electric Meters Energy Features Programmable Thermostat Hvac CentralElectric Poa YN No Present Use Business ServiceDaycareProfessional ServiceRestaurantRetail Property Sub Type Commercial Reo No Site Features Restrooms-PrivateRestrooms-Public Taxes Wo Exemption 29009

    Listing by Laura Paz of Nai Rio Grande Valley.
    © 2020 Greater McAllen Association of Realtors Multiple Listing Service.
    IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS or Realty Executives Rio Grande Valley. Data last updated: 2020-09-25T11:16:28.193.
     
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    Realty Executives Rio Grande Valley
    1821 N. 23rd Street Suite 203
    McAllen TX, 78501