Trenton Crossing III
Prime Location in McAllen’s Top Retail Corridor
Marketing description
CBRE Investment Properties is pleased to present to qualified investors the opportunity to acquire Trenton Crossing III, a 100% occupied, 63,027 square foot two-tenant retail center anchored by a top performing Best Buy store. Strategically positioned within the rapidly expanding McAllen-Edinburg-Mission metropolitan area, this asset offers a compelling investment opportunity in this asset offers a compelling investment opportunity in one of South Texas’s most dynamic and high growth regions.
Investment highlights
Trenton Crossing III benefits from a highly desirable location at 8012 North 10th Street, McAllen's premier retail artery. This location provides exceptional visibility and is integrated into the Trenton Crossing retail hub, one of the city’s strongest regional shopping destinations.
The property is anchored by Best Buy, a publicly-traded company (NYSE: BBY), which occupies 71% of the gross leasable area. Kids Wonderland, a regional indoor play center, completes the tenant roster. Both leases are triple-net, offering predictable income with scheduled rent increases.
The immediate trade area boasts a strong mix of national and regional retailers, including Target, Kohl’s, Old Navy, HomeGoods, PetSmart, Hobby Lobby, Marshalls, Starbucks, Walmart, Sam’s Club, and Olive Garden – creating an anchored destination that attracts a high volume of consumers. High Retail Sales Volume Reflecting Strong Consumer Demand
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