Stone Oak Plaza is an 8,654-square foot, multi-tenant retail center in McAllen, Texas. The center is 100 percent occupied, and 76 percent of the gross leasable area has triple-net leases. Tenants consist of AT&T, Five Guys Burgers and Fries, and Kato Sushi. AT&T recently exercised a lease renewal for an additional four years. The building was constructed in 2008 and is situated on 1.57 acres.
- 100% Occupied Multi-Tenant Retail Center
- 76% of the Gross Leasable Area has Credit Tenants with Triple-Net Leases
- Tenants Consist of AT&T, Five Guys, and Kato Sushi
- AT&T Recently Exercised a Four-Year Lease Renewal
- Five Guys and Kato Sushi have Annual Rent Increases
- Freeway Location in the Region’s Prime Retail Trade Area | Numerous National and Regional Tenants in the Surrounding Area
- Signalized Hard Corner of Expressway 83 and South Ware Road
- Traffic Counts Exceed 106,000 Vehicles per Day on Expressway 83 and 35,700 Vehicles per Day on South Ware Road
- Densely Populated with More than 189,400 Residents within Five Miles
- Located in the McAllen-Edinburg-Mission MSA | Retail Hub of the Rio Grande Valley