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410 E Expressway 83
McAllen, TX 78503
Surfing Crab · Retail Property For Sale
Investment Highlights
- Absolute NNN with over 9 years remaining
- Personal guaranty (net worth: $18 million)
- Adjacent to Rio Grande Regional Hospital
- 3% annual increases
- Located off of the Interstate 2 with over 126,000 vehicles per day
- Texas is an income tax-free state
Executive Summary
Retail Investment Group is pleased to offer for sale this Surfing Crab in McAllen, Texas. This opportunity features an Absolute NNN with over 9 years remaining. Located off of Interstate 2, this ±5,000 square foot building sits on a ±0.81 acre lot. The building was built in 1999 and remodeled in 2026.
Brian Brockman
Broker - Bang Realty-Texas Inc
Lic: 701472
513.898.1551
bor@bangrealty.com
Brian Brockman
Broker - Bang Realty-Texas Inc
Lic: 701472
513.898.1551
bor@bangrealty.com
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Restaurant
Building Size
5,000 SF
Building Class
C
Year Built/Renovated
1999/2026
Price
$3,498,787 CAD
Price Per SF
$699.76 CAD
Cap Rate
7.50%
NOI
$262,409 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.14
Lot Size
0.81 AC
Zoning
CO - Conditional Overlay
Parking
81 Spaces (10 Spaces per 1,000 SF Leased)
Property Taxes
| Parcel Number | M2280-02-000-003A-00 | Improvements Assessment | $897,849 CAD |
| Land Assessment | $815,376 CAD | Total Assessment | $1,713,225 CAD |
Property Taxes
Parcel Number
M2280-02-000-003A-00
Land Assessment
$815,376 CAD
Improvements Assessment
$897,849 CAD
Total Assessment
$1,713,225 CAD
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