List Search

203 Ferguson St
Pharr, TX 78577 East McAllen

$825,000 USD

General Retail For Sale  •  8,125 SF

Property Details

  • Property Type General Retail
  • Total Building Size 8,125 SF
  • Lot Size 1.4 AC
  • Building Class C
  • Year Built 2004
  • Cap Rate 7.43 %
  • Tenancy Single
  • Zoning IN
0 Transit Score
51 Walk Score

Highlights

Just Under 4 Years Remaining on NN Fee-Simple Lease – Minimal Landlord Responsibilities
Dollar General Corporation (S&P: BBB) – Strong Corporate Guarantee from a National, Investment-Grade Tenant
Three (3) Five-Year Renewal Options – Featuring 10% Rent Increases at Each Option Period – Inflation Hedge
Extensively Renovated in 2022 – Upgraded Exterior, Signage, Parking Lot, Roof, and HVAC Systems Ensure Long-Term Commitment and Stability
High Visibility and Excellent Access – Located Near Hwy 281 Entry/Exit with Prime Frontage on E Ferguson St that sees 28,170+ VPD
Robust Local Demographics – 227,220 Residents within a 5-Mile Radius and an Average Household Income of $66,106

Property Flyers

Cap Rate: 7.43 %

Public Transportation

AirportDriveWalkDistance
McAllen International 11 min - 5.4 mi
Valley International 56 min - 38.3 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 26
Type: Surface
Included in Rent: Yes
Austin Che 469-916-8811 Exp Commercial of California, Inc.
Austin Che 469-916-8811 Exp Commercial of California, Inc.