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    701 Trinity

    Mission, TX 78572
    • $5,200,000
    • STATUS: Active
    • ON SITE: 117 days
    • MLS #: 354569
    UPDATED: 210 min ago
    $5,200,000
    • 0
      BEDS
    • 4.69
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 51,600
      SQFT
    • $101
      $/SQFT
    Neighborhood:
    Type:
    Commercial
    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 MBTeam. Data last updated: 2021-08-05T00:16:31.013.
    www.monicabenavidesteam.com/homes/115980029
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    701 Trinity Mission, TX 78572

    • Price: $5,200,000
    • Status: Active
    • Updated: 210 min ago
    • MLS #: 354569
    0
    Beds
    0
    Baths
    0
    ½ Baths
    4.69
    Acres
    51,600
    SQFT
    $101
    $/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 0 Carport YN No Construction Materials Other Covered Spaces 0 Exterior Features StorageWorkshop Garage YN No Grounds None Lot Features Industrial Park Other Structures Storage Parking Features EnclosedPavedSemi-Truck Parking Total 0 Patio And Porch Features Covered Patio Road Frontage Type City Street Roof FlatMetal

    Interior Features

    Appliances Electric Water Heater Cooling Central AirZonedElectric Cooling YN Yes Flooring ConcreteLaminateTile Interior Features Storage

    Property Features

    Accessibility Features Handicap AccessAda Accessible Association YN No Building Features OtherOver 15 Loading DocksRestrooms-Private Current Use Warehouse Green Energy Efficient Thermostat Presently Leased YN No Property Sub Type Industrial Security Features Fire Sprinkler SystemSecurity 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 MBTeam. Data last updated: 2021-08-05T00:16:31.013.
     
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    Harlingen TX, 78550