Valencia Marketplace

Price: $5,506,000
Sq. Ft.: 12,224
Cap Rate: 6.75%
Built: 2014
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Valencia Marketplace is a 100 percent leased, 12,224-square-foot, multi-tenant retail center located in McAllen, Texas. Tenants are a complementary mix of internet-resistant and service-oriented tenants including La Estacion Bakery, Allure Nails, Siempre Natural restaurant, and Brident Dental. All tenants are on triple-net leases, providing limited landlord responsibilities. The building is situated on a 1.57-acre parcel with ample paved parking. A double-sided monument sign faces North 10th Street, offering additional exposure to the center.

The subject property is located in a dense retail trade area on North 10th Street near the signalized intersection with Trenton Road. The center is easily accessible from multiple ingress and egress points, and cumulative traffic counts exceed 50,736 vehicles per day. Valencia Marketplace is shadow-anchored by a top-performing Sam’s Club, ranked as the number two store in the nation based on annual visitors to all Sam’s Club stores (source: Placer.ai). Numerous other national and regional retailers are in the neighboring area, including Target, Marshalls, Daiso, Ross Dress for Less, Dollar Tree, Hobby Lobby, PetSmart, Home Goods, Old Navy, The Home Depot, Starbucks, The UPS Store, Whataburger, AT&T Store, Panda Express, McDonald’s, Chipotle, T-Mobile, Olive Garden, Logan’s Roadhouse, Jersey Mike’s, Raising Cane’s, and many more. The surrounding area benefits from excellent demographics, serving a population of more than 233,916 residents within a five-mile radius. The average household income is $94,660 within one mile; $88,852 within three miles; and $73,737 within five miles.

  • 12,224-Suare-Foot, Multi-Tenant Retail Center Located in a High-Traffic Retail Corridor with Exceptional Annual Retail Sales of $4.3 Billion with a Three-Mile Radius and $11.1 Billion within a Five-Mile Radius
  • Shadow-Anchored by a Top-Performing Sam’s Club | Ranks as the #2 Store in the Nation Compared to Other Sam’s Club Stores, Based on Consumer Traffic (source: Placer.ai)
  • Fully Stabilized Asset | 100% Occupied | All Triple-Net Leases
  • Strong Tenant Mix of Internet-Resistant and Service-Oriented Businesses
  • Property Features a Double-Sided Monument Sign Facing North 10th Street Providing Additional Exposure
  • Located Near Signalized Intersection with Trenton Road | Traffic Counts Exceed 50,736 Vehicles per Day Cumulatively
  • Located in Major Retail Corridor | Near Numerous National and Regional Retailers, Including Target, Daiso, Ross Dress for Less, Hobby Lobby, PetSmart, Home Goods, Old Navy, The Home Depot, and Many More
  • Densely Populated Area with More Than 233,916 Residents Within a Five-Mile Radius | Average Household Income is Approximately $94,660 within One Mile; $88,852 within Three Miles; and $73,737 within Five Miles
  • Located in the McAllen-Edinburg-Mission MSA | Key Trade Hub for the Rio Grande Valley | Also Part of the Reynosa-McAllen Metropolitan Area, Serving a Population of Roughly 1.5 Million