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1313 & 1317 E. Jasmine Avenue, McAllen 2 Flex Properties Offered at $4,716,323 CAD in McAllen, TX
Investment Highlights
- 7.81% Cap Rate
- 100% Leased
- National and Regional Tenants
Executive Summary
This is a unique opportunity to acquire two neighboring flex space buildings, 1313 E. Jasmine Ave. and 1317 E. Jasmine Ave., offered together as a portfolio for $3,700,000. Both properties are zoned C-4 (Commercial Industrial), ideal for businesses requiring a mix of office and warehouse space. The strategic location near Interstate Highway 2 and Business Highway 83 ensures excellent connectivity. The portfolio features 65% nationwide medical-related tenants for over 15 years and a well-established, growing local business that has tripled in size in five years, offering strong visibility, versatility, and long-term potential for owner-users or investors.
100% Leased | NNN Lease | Extremely Low Maintenance Costs
Concrete Buildings with Roofs Recently Redone
Convenient Access to Interstate Highway 2 and Business Hwy 83
The Storage Area is (Air Conditioned)
Cap Rate: 7.81%
100% Leased | NNN Lease | Extremely Low Maintenance Costs
Concrete Buildings with Roofs Recently Redone
Convenient Access to Interstate Highway 2 and Business Hwy 83
The Storage Area is (Air Conditioned)
Cap Rate: 7.81%
Data Room Click Here to Access
- Offering Memorandum
Property Facts
| Price | $4,716,323 CAD | Number of Properties | 2 |
| Price / SF | $271.05 CAD / SF | Individually For Sale | 0 |
| Cap Rate | 7.81% | Total Building Size | 17,400 SF |
| Sale Type | Investment | Total Land Area | 0.52 AC |
| Status | Active |
| Price | $4,716,323 CAD |
| Price / SF | $271.05 CAD / SF |
| Cap Rate | 7.81% |
| Sale Type | Investment |
| Status | Active |
| Number of Properties | 2 |
| Individually For Sale | 0 |
| Total Building Size | 17,400 SF |
| Total Land Area | 0.52 AC |
Properties
| Property Name / Address | Property Type | Size | Year Built | Individual Price |
|---|---|---|---|---|
|
Jasmine
1317 E Jasmine Ave, McAllen, TX 78501 |
Flex | 9,600 SF | 2000 | - |
| 1313 E Jasmine Ave, McAllen, TX 78501 | Flex | 7,800 SF | 2007 | - |
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1313 & 1317 E. Jasmine Avenue, McAllen
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