The District is a 44,140-square-foot, multi-tenant retail center located in McAllen, Texas. The center is currently 94 percent occupied, and all leases are triple-net. The property is comprised of a complementary mix of service-oriented, internet-resistant tenants including UFC Gym, WellMed United Healthcare, Dentist, Dragon Warrior Noodles, and Keller Williams Realty. The property was constructed in 2004, renovated in 2018, and is situated on a 4.331-acre parcel with ample parking. The center features a highly visible pylon sign along with an attractive facade and landscaping.
The subject property is located in a dense retail trade area on North McColl Road at the signalized intersection of North McColl Road and East Fern Avenue. The property is easily accessible with multiple ingress and egress points from both roads. Cumulative traffic counts in front of the property are approximately 25,300 vehicles per day. The District is located near many national and regional retailers including Walmart Neighborhood Market, Whataburger, Starbucks Coffee, Walgreens, FedEx, Chili’s, Popeyes Chicken & Biscuits, Denny’s, Cinemark, Jason’s Deli, Wells Fargo, Fuddruckers, H-E-B Grocery, Kentucky Fried Chicken, and many more. The surrounding area has strong demographics with a five-mile population of approximately 271,990.
- 44,140-Square-Foot, Multi-Tenant Retail Center
- 94% Occupied | All Leases are Triple-Net
- Tenant Base is a Complementary Mix of Internet-Resistant, Service-Oriented Businesses
- Strong Tenant Base | 79% of the Gross Leasable Area has National Tenants | WellMed is an Affiliate of United Healthcare with More than 16,000 Offices in Florida and Texas
- Current Average Rents are Well Below Market Rates
- Constructed in 2004 and Renovated in 2018 | Attractive Facade and Landscaping | Large Pylon Sign with Excellent Visibility
- Situated on North McColl Road Near the Signalized Intersection with East Fern Avenue with Accessibility from Both Roads
- Cumulative Traffic Counts are Approximately 25,300 Vehicles per Day
- Near Many National and Regional Retailers Including Walmart Neighborhood Market, Whataburger, Starbucks Coffee, Walgreens, FedEx, Chili’s, Popeyes Chicken & Biscuits, Denny’s, Cinemark, Jason’s Deli, Wells Fargo, Fuddruckers, H-E-B Grocery, Kentucky Fried Chicken, and More
- Densely Populated Area with More than 271,990 Residents Within a Five-Mile Radius
- Located in the McAllen-Edinburg-Mission MSA | Retail Hub of the Rio Grande Valley
- Also Part of the Reynosa-McAllen Metropolitan Area, Serving a Population of Roughly 1.5 Million
