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North Conway Professional Plaza

$2,488,000

2500 N Conway Ave, Mission, TX 78574

Cap Rate

7.00%

Square Feet

12120

Year Built/Renovated

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 and Industrial Expansion

PROPERTY DESCRIPTION

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.

Cole Voyles

ASSOCIATE INVESTMENTS
7.00%
713-452-4352

Gus N. Lagos

SENIOR MANAGING DIRECTOR INVESTMENTS
gus.lagos@marcusmillichap.com
713-452-4257

Alex Wolansky, CCIM

MANAGING DIRECTOR INVESTMENTS
713-452-4292
EXCLUSIVELY
LISTED BY
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