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Shopping Strip

1700 E Griffin Parkway

1700 E Griffin Pkwy, Mission, TX 78572

Listing Price: $750,000

Cap Rate
3.83%
Gross SF
5,600
Rentable SF
5,600
Price/Gross SF
$133.93
Lot Size
0.17 acres
Year Built
2016

Investment Overview

Marcus & Millichap is pleased to offer 1700 E Griffin Parkway, a 5,600 square foot multi-tenant retail center located in Mission, Texas. The property is strategically located within a major neighborhood shopping center occupied by the likes of Palm Valley Church Mission Campus, Tru-Fit and Dollar General. 1700 E Griffin Parkway has excellent visibility being the main storefront at ingress and egress, and has ample parking with shared cross access to the entire center. The center was built in 2014 and has been well-maintained.
1700 E Griffin Parkway services a densely populated area with approximately 68,658 households within a 5 mile radius and situated along one of the main corridors running east to west through the McAllen-Edinburg-Mission metropolitan statical area. This investment opportunity offers an investor low management responsibilities with near and long term upside in future occupancy.

Investment Highlights

  • Low Maintenance and Operational Expenses
  • Near Term Upside in Future Occupancy
  • Good Visible Storefront Along Main Ingress and Egress
  • Part of a Large Neighborhood Center in a Densely Populated Area
  • Built in 2014 and Well-Maintained

Exclusively Listed By

Shopping Strip

1700 E Griffin Parkway

Listing Price: $750,000

Cap Rate
3.83%
Gross SF
5,600
Rentable SF
5,600
Price/Gross SF
$133.93
Lot Size
0.17 acres
Year Built
2016

Investment Highlights

  • Low Maintenance and Operational Expenses
  • Near Term Upside in Future Occupancy
  • Good Visible Storefront Along Main Ingress and Egress
  • Part of a Large Neighborhood Center in a Densely Populated Area
  • Built in 2014 and Well-Maintained

Investment Overview

Marcus & Millichap is pleased to offer 1700 E Griffin Parkway, a 5,600 square foot multi-tenant retail center located in Mission, Texas. The property is strategically located within a major neighborhood shopping center occupied by the likes of Palm Valley Church Mission Campus, Tru-Fit and Dollar General. 1700 E Griffin Parkway has excellent visibility being the main storefront at ingress and egress, and has ample parking with shared cross access to the entire center. The center was built in 2014 and has been well-maintained.
1700 E Griffin Parkway services a densely populated area with approximately 68,658 households within a 5 mile radius and situated along one of the main corridors running east to west through the McAllen-Edinburg-Mission metropolitan statical area. This investment opportunity offers an investor low management responsibilities with near and long term upside in future occupancy.

Exclusively Listed By

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