600 N MAIN STREET, DONNA, TX 78537
Homes for sale in Donna.
Homes for sale in 78537.
List Price$2,150,000
600 N Main Street
Donna, TX 78537
Listing #505426
8,856
Square Feet
Commercial
Type
About This Property
2022 Retail Center on Hard Corner | 5 of 6 Leased Thru 2029 + Value-Add Upside Black Rock CRE is pleased to offer 600 N. Main St., a 2022-built ±8,573 SF multi-tenant retail center on a signalized hard corner off Expressway 83 (I-2) in Donna, TX, with shared access to CVS. Five of six suites are leased to a stable service/convenience mix, with five leases now running through 2027--2029. Offered at $2,150,000 (6.3% in-place cap), the center delivers day-one cash flow plus clear upside: leasing the single vacant 1,310 SF suite lifts the yield to ~7.7% stabilized; a newer, low-maintenance asset in the fast-growing McAllen MSA.
Property Features
Location Information
County
Hidalgo
Directions
The property is on the SE Corner of Expressway 83 and Main Street behind the CVS, which shares an access.
Subdivision
Cvs-Donna
Interior Features
Heating
Central
Floors
Other
Cooling
Central Air
Appliances
Water Heater (Other)
Exterior Features
Construction
Block, Stucco
Parking Spaces
38
Roof
Flat
Lot Size in Acres
0.66
Possession
Closing and Funding
Lot Size in Sq. Ft.
28,750
Parking Description
Other
Present Use
Retail
Has Garage
Yes
Energy Features
None
Garage Spaces
38
Road Frontage
City Street
Additional Information
Property Type
COM
Units in Complex
6
Property SubType
Commercial
Taxes
24832
Year Built
2022
Tax Year
2024
APN
C983100000000200
Square Feet Source
Seller Measured
Status
Active
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Mortgage Calculator
$10,039
per month
30 Year Fixed. 3.52% Interest Rate.
Principal + Interest
$7,747
Monthly Tax
$1,791
Monthly Insurance
$501
yrs
%
$
$
Based on a fully amortized fixed rate loan. Ask your agent for the tax rates in your area. Insurance estimate is based on an average cost, your final premium cost will be determined by the type of coverage you select. This program only provides an estimate.
Schools
Walk Score
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