701 Trinity Street, Mission

$51,600

0 Bed
0 Bath
51,600 Sqft
4.69 Acres
0 Garage

Not many in the market and in such a well centralized area! This investment opportunity is for an investor or owner-user interested in acquiring a newly remodeled cold storage facility at a great price! This facility is optimally located in the Mission Expressway Industrial Park. It was constructed in three phases. The first phase was built in 2002 while the second and third phase were completed in 2012 and 2015, respectively. The facility boasts a recent renovation to the portion completed in 2002 accounting for approximately 10,000 square feet of the building.Owner open to Owner Financing or Leasing Property! At $11.00 per sqft triple net, the pro forma cap rate can be 10.92%. Analytics show the market’s low amount of available supply, and limited speculative development improve the odds of leasing this asset within 6 months.

Essential Information
MLS® #354572
Price$51,600
Bathrooms0.00
Square Footage51,600
Acres4.69
Year Built2002
TypeCommercial Lease
Sub-TypeCommercial Lease
StatusActive
Community Information
Address701 Trinity Street
SubdivisionMission Business Park
CityMission
CountyHidalgo
StateTX
Zip Code78572
Amenities
Parking Spaces8
ParkingPaved, Semi-Truck
Features

Over 15 Loading Docks, Restrooms-Private, Restrooms-Public

Interior
Interior FeaturesStorage
# of Stories2
Additional Information
Date ListedMay 15th, 2021
ZoningI
Listing Details
AgentAurora Trevino
OfficeEncore Fine Properties
LISTING MAP

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