Skip To Content

    701 Trinity

    Mission, TX 78572
    • $51,600
    • STATUS: Active
    • ON SITE: 70 days
    • MLS #: 354572
    UPDATED: 48 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 Lucas Sanchez Real Estate Team. Data last updated: 2021-07-24T07:16:44.217.
    www.thelucassanchezteam.com/homes/117251596
    Print Image

    701 Trinity Mission, TX 78572

    • Price: $51,600
    • Status: Active
    • Updated: 48 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 Lucas Sanchez Real Estate Team. Data last updated: 2021-07-24T07:16:44.217.
     
    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 Lucas Sanchez Real Estate Team
    2575 E Griffin Parkway, Suite 14
    Mission TX, 78572