Listed by Pegasus Realty
$599,500
7824 N Ware Road # 1
Details
APN S273000000000100
Property Type Retail
Sub Type Restaurant, Storefront
Square Footage 2,504
Tenancy Single
Lease Type Gross
Lease Term 3
Lease Expiration 07/31/2028
Remaining Term 2
Rent Bumps Yes
Year Built 1972
Acreage 0.605
Parking Spaces 9 spaces
Parking per 1,000 SqFt 3.59
Tenant Credit No Credit Rating
Lease Commencement 08/01/2025
Ground Lease No
Retail | 2,504 SqFt
Marketing description
Prime commercial opportunity in a rapidly growing area of North McAllen. This newly platted property in Sharpless Square features a 2,504 sq ft building along the high-visibility N. Ware Road corridor. Currently tenant-occupied, the property offers built-in stability and is well-suited for retail, restaurant, or service-based use. Strong surrounding development and consistent traffic make this an ideal option for investors or future owner-users. Buyer should verify tax information, as this is a newly subdivided lot not yet fully updated with Hidalgo CAD.
Investment highlights
Located in One of North McAllen's Fastest-Growing Areas
New Residential Communities Under Development Nearby
Ongoing Commercial Growth Along N. Ware Rd
Signalized Corner at N. Ware Rd & Auburn Ave
Lease in Place Through July 2028
Scheduled Rent Escalations
Strong Visibility and Accessibility
Future Redevelopment Potential
Listing Contacts
Listed by Pegasus Realty
Valuation Calculator
Login or Sign up to see Valuation Metrics
Sign up for Crexi to see valuation metrics for this property
Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$--
$--
Valuation Metrics
0
DSCR
--
Cap Rate
--
ROI
Broker Selected Comps View More Comps
Property History
Similar Properties
Is there information that looks off?
