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600 S Bicentennial Blvd
McAllen, TX 78501
Medical Property Investment · Office Property For Sale


EXECUTIVE SUMMARY
Great opportunity for an end-user to acquire a medical office building in McAllen, Texas! This 29,232 SF single story building is located on a busy thoroughfare with high visibility and easy access. Grifols (plasma donation) currently occupies 13,357 SF and recently renewed their lease through 2027. Tenant has two (2) five (5) year lease renewals available with a possible lease term through 2037. The remaining approximate 15,875 SF is built-out as a medical office with various patient rooms, nurse stations, and medical practitioners offices available for an end-user or future tenant.
-Tenant 1: Talecris Plasma Resources (Established Long Term Lease)
-Large parking lot with approx. 218 parking spaces
-Strong demographics
-Highly visible and easy access
-Tenant 1: Talecris Plasma Resources (Established Long Term Lease)
-Large parking lot with approx. 218 parking spaces
-Strong demographics
-Highly visible and easy access
PROPERTY FACTS Under Contract
Sale Type
Owner User
Property Type
Office
Property Subtype
Medical
Building Size
29,232 SF
Building Class
B
Year Built
1992
Price
$4,131,930 CAD
Price Per SF
$141.35 CAD
Tenancy
Multiple
Building Height
1 Story
Typical Floor Size
29,232 SF
Building FAR
0.27
Lot Size
2.48 AC
Zoning
C-4 - Commercial Medical Office
Parking
218 Spaces (7.46 Spaces per 1,000 SF Leased)
PROPERTY TAXES
| Parcel Number | H0900-00-040-0022-00 | Improvements Assessment | $1,202,811 CAD |
| Land Assessment | $770,102 CAD | Total Assessment | $1,972,913 CAD |
PROPERTY TAXES
Parcel Number
H0900-00-040-0022-00
Land Assessment
$770,102 CAD
Improvements Assessment
$1,202,811 CAD
Total Assessment
$1,972,913 CAD
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