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Shopping Strip

Santa Lucia Plaza

701 E Nolana Loop, Pharr, TX 78577

Listing Price: $4,785,000

Cap Rate
7.00%
Gross SF
15,152
Rentable SF
15,152
Price/Gross SF
$315.80
Lot Size
1.46 acres
Year Built
2019

Investment Overview

Marcus & Millichap is pleased to present the opportunity to acquire a fully stabilized multi-tenant retail asset located at 701 East Nolana Loop (Earling Road) in Pharr, Texas. The building is newer 2019 construction, offering 15,152 square feet of leasable area and is operating at 100 percent occupancy with all tenants on triple-net leases.

The location boasts a highly visible presence along East Nolana Loop/Earling Road, a key thoroughfare in the region, ensuring continuous exposure for its retail tenants. Pharr’s proximity to neighboring cities such as McAllen, Edinburg, and Mission, along with its access to the McAllen-Hidalgo International Bridge, positions the area as a thriving commercial and retail hub in the region.

Investment Highlights

  • Fully Stabilized Asset with Service-Based Tenant Mix
  • Recent Construction (2019)
  • Average Rents are Well Below Market
  • Prime High-Traffic Location with Signalized Entrance

Exclusively Listed By

Financing By

Shopping Strip

Santa Lucia Plaza

Listing Price: $4,785,000

Cap Rate
7.00%
Gross SF
15,152
Rentable SF
15,152
Price/Gross SF
$315.80
Lot Size
1.46 acres
Year Built
2019

Investment Highlights

  • Fully Stabilized Asset with Service-Based Tenant Mix
  • Recent Construction (2019)
  • Average Rents are Well Below Market
  • Prime High-Traffic Location with Signalized Entrance

Investment Overview

Marcus & Millichap is pleased to present the opportunity to acquire a fully stabilized multi-tenant retail asset located at 701 East Nolana Loop (Earling Road) in Pharr, Texas. The building is newer 2019 construction, offering 15,152 square feet of leasable area and is operating at 100 percent occupancy with all tenants on triple-net leases. The location boasts a highly visible presence along East Nolana Loop/Earling Road, a key thoroughfare in the region, ensuring continuous exposure for its retail tenants. Pharr’s proximity to neighboring cities such as McAllen, Edinburg, and Mission, along with its access to the McAllen-Hidalgo International Bridge, positions the area as a thriving commercial and retail hub in the region.

Exclusively Listed By

Financing By

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