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Lantana Center 4100 N 2nd St 38,145 SF 100% Leased Retail Building McAllen, TX 78504 $13,210,511 CAD ($346.32 CAD/SF) 6.75% Cap Rate

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Investment Highlights

100% Leased Shopping Center Opportunity with a Diverse Tenant Mix
Majority of Leases Feature Rent Increases, Providing a Hedge Against Inflation
Population of 622,354 within a 10-Mile Radius

Anchored by Mr. Gatti's Pizza, featuring a Drive-Thru Pickup Window, and Shadow-Anchored by Cinemark Movie Theater
High Concentration of Schools Supporting Consistent Family- and Student-Driven Traffic
No State Income Tax in Texas

Executive Summary

The Lantana Center is a fully leased shopping center opportunity with a diverse tenant mix, prominent signage, and scheduled rent growth. The property is anchored by Mr. Gatti's Pizza, featuring a convenient drive-thru pickup window and shadow-anchored by a 17-screen Cinermark movie theater, resulting in additional draw from a major national tenant adjacent to the property. The property benefits from dense, growing demographics, with ample residential development activity surrounding the site, as well as a high concentration of schools within a 5-mile radius, supporting consistent family- and student-driven traffic to the area.
This property is listed in conjunction with Texas-licensed real estate broker Delta Commercial.