301 N Alton BLVD Active

Alton,TX 78573

$ 2450000

- Bed

- Bath

6800 SqFt


Key Details

Property Type Commercial

Sub Type Commercial

Listing Status Active

Purchase Type For Sale

Square Footage 6,800 sqft

Price per Sqft $360

Subdivision Alton Original Townsite

MLS Listing ID 430527

HOA Y/N No

Originating Board Greater McAllen

Year Built 2016

Annual Tax Amount $18,771

Tax Year 2023

Lot Size 0.694 Acres

Acres 0.6944

Property Description

This excellent multi-tenant retail building is located in one of the fastest growing areas in the Rio Grande Valley and sits in a busy grocery anchored retail corridor. This plaza is 100% leased to a strong tenant mix of both national and regional Tenants with long term leases in place. All Tenants reimburse Landlord for NNN expenses, making this a passive income stream that is perfect for any investor. The property is in excellent condition and has ample parking with over 50 parking stalls and 3 separate points of ingress/egress. The site has frontage on Alton Boulevard, the area’s biggest two-way no-median thoroughfare that sees over 18,000 vehicles per day and is close to the West Main Avenue / North Alton Boulevard hard corner. With a prime location, strong Tenant mix, and clean and modern design, this site is an excellent opportunity to take advantage of a growing area with plenty of future value growth.

Location

State TX

County Hidalgo

Interior

Heating Central

Cooling Central Air

Flooring Hardwood,Other,Tile

Equipment Pole Sign

Appliance Electric Water Heater,Water Heater (Other)

Exterior

Exterior Feature Other

Garage Spaces 53.0

Waterfront No

View Y/N No

Roof Type Other

Total Parking Spaces 53

Garage Yes

Building

Lot Description Downtown,Strip Mall

Faces Located in front of Junior's super market in Alton, TX

Story 1

Structure Type Stone,Stucco

New Construction No

Others

Tax ID J951000003000200

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