Listed by Retail Investment Group LLC
$2,554,400
Surfing Crab
Details
APN M2280-02-000-003A-00
Property Type Retail
Sub Type Bar, Restaurant
Square Footage 5,000
Units 1
Cap Rate 7.5%
NOI $191,580
Occupancy 100%
Tenancy Single
Lease Type Absolute NNN
Lease Expiration 10/31/2035
Remaining Term 9
Rent Bumps Yes
Lease Options 1 x 10 Year
Broker Co-Op Yes
Year Built 1999
Year Renovated 2026
Buildings 1
Stories 1
Acreage 0.810
Zoning CO - Conditional Overlay
Investment Type Net Lease
Ground Lease No
9+ Years Remaining Absolute NNN
Marketing description
Retail Investment Group is pleased to offer for sale this Surfing Crab in McAllen, Texas. This opportunity features an Absolute NNN with over 9 years remaining. Located off of Interstate 2, this ±5,000 square foot building sits on a ±0.81 acre lot. The building was built in 1999 and remodeled in 2026.
Investment highlights
- Absolute NNN with over 9 years remaining
- 3% annual increases
- Personal guaranty (net worth: $18 million)
- Located off of the Interstate 2 with over 126,000 vehicles per day
- Adjacent to Rio Grande Regional Hospital
- Texas is an income tax-free state
- Outparcel to Michaels, Burlington, Petsmart and DSW
- Nearby retailers include Dick’s Sporting Goods, Applebee’s, T-Mobile, Walgreens, Target, Home Goods, Conn’s HomePlus, Walmart and more
Listing Contacts
Listed by Retail Investment Group LLC
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$191,580.00
$15,965.00/mo
Valuation Metrics
0
DSCR
7.5%
Cap Rate
7.5%
ROI
Map
Zoning
C-2 CommercialNeighborhood CommercialNeighborhood Commercial
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View all 22 uses
View all 22 uses Last updated Apr 1, 2026 For deeper zoning details, reports are available at Zoneomics
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