Skip To Content

701 Trinity

Mission, TX 78572
  • $51,600
  • STATUS: Active
  • ON SITE: 72 days
  • MLS #: 354572
UPDATED: 37 min ago
$51,600
  • 0
    BEDS
  • 4.69
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 51,600
    SQFT
  • $1
    $/SQFT
Neighborhood:
Type:
Commercial-Lease
Built:
2002
County:
Area:

School Ratings & Info

Description

Not many in the market and in such a well centralized area! This investment opportunity is for an investor or owner-user interested in acquiring a newly remodeled cold storage facility at a great price! This facility is optimally located in the Mission Expressway Industrial Park. It was constructed in three phases. The first phase was built in 2002 while the second and third phase were completed in 2012 and 2015, respectively. The facility boasts a recent renovation to the portion completed in 2002 accounting for approximately 10,000 square feet of the building.Owner open to Owner Financing or Leasing Property! At $11.00 per sqft triple net, the pro forma cap rate can be 10.92%. Analytics show the markets low amount of available supply, and limited speculative development improve the odds of leasing this asset within 6 months.

Monthly Payment Calculator

© 2021 Greater McAllen Association of Realtors Multiple Listing Service.
IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS or The Maggie Harris Team | Keller Williams Realty. Data last updated: 2021-07-26T08:16:27.567.
www.maggieharristeam.com/homes/117251596
Print Image

701 Trinity Mission, TX 78572

  • Price: $51,600
  • Status: Active
  • Updated: 37 min ago
  • MLS #: 354572
0
Beds
0
Baths
0
½ Baths
4.69
Acres
51,600
SQFT
$1
$/SQFT
2002
Built
Neighborhood:
Mission Business Park
County:
Hidalgo
Area:
Mission
Property Description
Not many in the market and in such a well centralized area! This investment opportunity is for an investor or owner-user interested in acquiring a newly remodeled cold storage facility at a great price! This facility is optimally located in the Mission Expressway Industrial Park. It was constructed in three phases. The first phase was built in 2002 while the second and third phase were completed in 2012 and 2015, respectively. The facility boasts a recent renovation to the portion completed in 2002 accounting for approximately 10,000 square feet of the building.Owner open to Owner Financing or Leasing Property! At $11.00 per sqft triple net, the pro forma cap rate can be 10.92%. Analytics show the markets low amount of available supply, and limited speculative development improve the odds of leasing this asset within 6 months.
Exterior Features

Carport Spaces 8 Carport YN Yes Covered Spaces 8 Garage YN No Parking Features PavedSemi-Truck Parking Total 8 Road Frontage Type City Street

Interior Features

Interior Features Storage

Property Features

Association YN No Building Features Over 15 Loading DocksRestrooms-PrivateRestrooms-Public Current Use Warehouse Lease Period 36 Presently Leased YN No Property Sub Type Commercial Lease Security Features Security LightsSecurity System Tax Annual Amount 46825 Tax Year 2020 Zoning I

Listing by Aurora Trevino of Encore Fine Properties.
© 2021 Greater McAllen Association of Realtors Multiple Listing Service.
IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS or The Maggie Harris Team | Keller Williams Realty. Data last updated: 2021-07-26T08:16:27.567.
 
https://bt-photos.global.ssl.fastly.net/mcallen/orig_boomver_1_354572-1.jpg https://bt-photos.global.ssl.fastly.net/mcallen/orig_boomver_1_354572-1.jpg https://bt-photos.global.ssl.fastly.net/mcallen/orig_boomver_1_354572-1.jpg
Logo
The Maggie Harris Team | Keller Williams Realty
833 N Ware Rd
McAllen TX, 12345