Share This Listing

Message

960 characters remaining

Hmm, there seems to have been an error sending your message. Please try again.

Your email has been sent.

Still interested?

Contact the broker for more information about this property

1400 W Griffin Pky 3,850 SF 100% Leased Retail Building Mission, TX 78572 $1,081,838 CAD ($281.00 CAD/SF) 6.72% Cap Rate

Save this listing!

Favourite this listing to get notified of price updates, new media and more

INVESTMENT HIGHLIGHTS

  • Fully Rented
  • Good Traffic Count on Griffin Pkwy
  • Steady Cash Flow

EXECUTIVE SUMMARY

Fantastic Investment property now available For Sale in Mission TX! Located at the busy corner of W Griffin Parkway and Los Ebanos, this 5 unit commercial property is fully rented producing steady cash flow! Three of the units are leased to a thriving medical clinic, giving you a dependable long-term anchor tenant. Another unit is home to a popular nail salon, and the last is occupied by a busy vape shop with steady foot traffic. The corner lot gives ease of accessibility and visibility, things that tenants look for in a great location. Whether you're looking to add to your portfolio or just want a solid investment in a fast-growing market, this property checks the boxes for income, location, and long-term upside. Currently these 3 tenants bring in a gross monthly income of $6037.

FINANCIAL SUMMARY (ACTUAL - 2024) Click Here to Access

ANNUAL (CAD) ANNUAL PER SF (CAD)
Gross Rental Income $99,999 $9.99
Other Income - -
Vacancy Loss - -
Effective Gross Income $99,999 $9.99
Taxes $99,999 $9.99
Operating Expenses $99,999 $9.99
Total Expenses $99,999 $9.99
Net Operating Income $99,999 $9.99

FINANCIAL SUMMARY (ACTUAL - 2024) Click Here to Access

Gross Rental Income (CAD)
Annual $99,999
Annual Per SF $9.99
Other Income (CAD)
Annual -
Annual Per SF -
Vacancy Loss (CAD)
Annual -
Annual Per SF -
Effective Gross Income (CAD)
Annual $99,999
Annual Per SF $9.99
Taxes (CAD)
Annual $99,999
Annual Per SF $9.99
Operating Expenses (CAD)
Annual $99,999
Annual Per SF $9.99
Total Expenses (CAD)
Annual $99,999
Annual Per SF $9.99
Net Operating Income (CAD)
Annual $99,999
Annual Per SF $9.99

PROPERTY FACTS

Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront Retail/Office
Building Size
3,850 SF
Building Class
B
Year Built
2019
Price
$1,081,838 CAD
Price Per SF
$281.00 CAD
Cap Rate
6.72%
NOI
$72,681 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.17
Lot Size
0.53 AC
Zoning
C3 - C-3 is a "General Business District"
Parking
24 Spaces (6.23 Spaces per 1,000 SF Leased)
Frontage
40’ on GRIFFIN PKWY

AMENITIES

  • Corner Lot
  • Air Conditioning

NEARBY MAJOR RETAILERS

Starbucks
El Pato Fresh Mexican Food

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
C4450-00-00A-0001-00
Land Assessment
$226,311 CAD (2025)
Improvements Assessment
$467,967 CAD (2025)
Total Assessment
$694,278 CAD (2025)
Annual Taxes
-$1 CAD ($0.00 CAD/SF)
Tax Year
2024
  • Listing ID: 38252813

  • Date on Market: 2025-10-29

  • Last Updated:

  • Address: 1400 W Griffin Pky, Mission, TX 78572

Link copied
Your LoopNet account has been created!

Please Share Your Feedback

We welcome any feedback on how we can improve LoopNet to better serve your needs.
X
{{ getErrorText(feedbackForm.starRating, "rating") }}
255 character limit ({{ remainingChars() }} charactercharacters remainingover)
{{ getErrorText(feedbackForm.msg, "rating") }}
{{ getErrorText(feedbackForm.fname, "first name") }}
{{ getErrorText(feedbackForm.lname, "last name") }}
{{ getErrorText(feedbackForm.phone, "phone number") }}
{{ getErrorText(feedbackForm.phonex, "phone extension") }}
{{ getErrorText(feedbackForm.email, "email address") }}