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Shopping Strip

North Conway Professional Plaza

2500 N Conway Ave, Mission, TX 78574

Listing Price: $2,653,627

Cap Rate
6.75%
Gross SF
12,120
Rentable SF
12,120
Price/Gross SF
$218.95
Lot Size
0.84 acres
Year Built
1998

Investment Overview

Marcus & Millichap is pleased to exclusively offer for sale the North Conway Professional Plaza, a medical retail center strategically located on North Conway Avenue, one of the most heavily trafficked thoroughfares in Mission, Texas.

The property sits within a high-growth corridor surrounded by national retailers and significant new development activity, making it a compelling opportunity in the rapidly expanding Rio Grande Valley market. The property offers investors the ability to generate stable cash flow from day one, while simultaneously capturing meaningful upside through increasing below-market rents to current market rates, a rare combination of stable income and value-add potential in one of South Texas’ fastest-growing markets.

Investment Highlights

  • Significant Upside Through Below-Market Rents
  • Premium Location on a High-Traffic Corridor
  • Strong National Tenant Presence and New Development
  • Dense Population and Sustained Growth
  • Major Economic & Industrial Expansion in Rio Grande Valley

Exclusively Listed By

Financing By

Shopping Strip

North Conway Professional Plaza

Listing Price: $2,653,627

Cap Rate
6.75%
Gross SF
12,120
Rentable SF
12,120
Price/Gross SF
$218.95
Lot Size
0.84 acres
Year Built
1998

Investment Highlights

  • Significant Upside Through Below-Market Rents
  • Premium Location on a High-Traffic Corridor
  • Strong National Tenant Presence and New Development
  • Dense Population and Sustained Growth
  • Major Economic & Industrial Expansion in Rio Grande Valley

Investment Overview

Marcus & Millichap is pleased to exclusively offer for sale the North Conway Professional Plaza, a medical retail center strategically located on North Conway Avenue, one of the most heavily trafficked thoroughfares in Mission, Texas. The property sits within a high-growth corridor surrounded by national retailers and significant new development activity, making it a compelling opportunity in the rapidly expanding Rio Grande Valley market. The property offers investors the ability to generate stable cash flow from day one, while simultaneously capturing meaningful upside through increasing below-market rents to current market rates, a rare combination of stable income and value-add potential in one of South Texas’ fastest-growing markets.

Exclusively Listed By

Financing By

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