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107 West Plaza Strip Center Asset Investment NNN Lease Texas

107 West Plaza | Edinburg, TX
Make an Offer
Investment Offering

Tenant: 107 West Plaza | Edinburg, TX
Premises: 16,326 SF
Renewal Options: Varies

Lease Expiration: Varies
Lease Type: NNN
Rental Increases: Varies


Sands Investment Group is Pleased to Present Exclusively For Sale the 107 West Plaza Strip Center Asset Investment Located at in Edinburg, Texas. This Deal Includes a 100% Leased Strip Center With All 10 Tenants Having Triple Net (NNN) Leases. The Deal is Located on a Large 1.66 AC Lot With Parking in Front and Back of Strip Center, Providing For a Unique Investment.

  • 100% Leased Strip Center With All 10 Tenants Having Triple Net (NNN) Leases
  • The Simpre Natural on the End Cap Includes Drive-Thru Service
  • Double Lane Drive-Thru: Western End-Cap Occupied By Verizon at Under-Market Rents and No Renewal Options
  • Single-Lane Drive-Thru: Eastern End-Cap Occupied By Siempre Natural at Under-Market Rents and No Renewal Options
  • Large 1.66 AC Lot With Parking in Front and Back of Strip Center
  • Easily Accessible With Multiple Ingress and Egress on W University and Laramie; W University Enjoys Traffic Counts Over 34,206 VPD
  • Strong Mix of National, Regional and Local Tenants Which Include: H&R Block, Fred Loya Insurance, Just-a-Cut, Verizon Wireless, RGV Nails & Spa, Sun Loan and Paris Bakery
  • McAllen is Just 10-Miles Away and the U.S./Mexico Border 20-Miles Away
  • Excellent Demographics With a Population of 79,415 Residents Making an Average Household Income of $70,038 Within a 3-Mile Radius
  • The University of Texas at Rio Grande Valley is a Quick 6 Minutes Away and Serves Over 33,000 Students and Staff
  • Rio Grande Valley (RGV) Projected Growth: By 2040, the Population of the U.S. Part of the Rio Grande Valley is Projected to Grow From 1.5 Million to 2.5 Million Residents; When the Growth of Mexican Border Cities is Included, the Bi-National Population of the Rio Grande Valley is Forecast to Grow to Nearly 7 Million People By 2040
  • Other Nearby Tenants Include: Walmart Supercenter, Advance Auto Parts, Popeyes, Exxon, McCoy’s, CVS Pharmacy, Subway, Dollar Tree, Lowe’s, IHOP, Chili’s, Pizza Hut, Sonic and Many More

In Cooperation With: Sands Investment Group Austin, LLC – Lic. # 9004706 BoR: Max Freedman – Lic. # 644481

View Similar Investment Opportunities

Read Additional Thought Leadership Content From SIG, Specializing in Absolute Triple Net Lease Opportunities

Tenant Overview

Verizon, headquartered in Basking Ridge, New Jersey is an American wireless network operator founded in 2000 as a joint venture of American telecommunications firm Bell Atlantic. It operates a national 4G LTE network covering about 99 percent of the U.S. population, which in the second half of 2020 won or tied for top honors in each category of the RootMetrics RootScore Reports. Verizon Wireless offers mobile phone services through a variety of devices. The company offers both standard post-paid and prepaid subscription plans. It distributes new and pre-owned phones from manufacturers including Samsung Electronics, BlackBerry, LG, and Apple. The company also offers mobile data services, including text messaging, multimedia content (V CAST), and Web access. The mobile network previously operated as a separate division of Verizon Communications under the name of Verizon Wireless. In a 2019 reorganization, Verizon moved the wireless products and services into two new divisions, Verizon Consumer and Verizon Business. Verizon is the second-largest wireless carrier in the United States, with 120.9 million subscribers as of the end of Q4 2020. Verizon Communications Inc. was formed on June 30, 2000. Headquartered in New York City and with a presence around the world, Verizon generated revenues of $128.3 billion in 2020.
H&R Block, Inc., through its subsidiaries, provides assisted income tax return preparation, do-it-yourself (DIY) tax, and virtual tax preparation services and products to the general public primarily in the United States, Canada, and Australia. H&R Block, Inc. (NYSE: HRB) provides help and inspires confidence in its clients and communities everywhere through global tax preparation, financial products, and small business solutions. The company blends digital innovation with the human expertise and care of its associates and franchisees as it helps people get the best outcome at tax time, and better manage and access their money year-round. H&R Block, Inc. was founded in 1955 and is headquartered in Kansas City, Missouri. With 10,000 offices nationwide, H&R Block is committed to building connections one block at a time, city by city, coast to coast – until together we Make Every Block Better.
Fred Loya Insurance is a Texas based Hispanic 500 car insurance company. What started with a single store front in El Paso Texas in 1974 has grown to be the 18th Largest Hispanic Top 500 Owned and Operated Company in the United States. Our commitment to providing fast, dependable service and competitive rates for general auto insurance has made us one of the fastest growing auto insurance groups in America. Our auto insurance company is now licensed in three additional states with plans to expand our operations to Ohio. We’re expanding because the need for our affordable auto insurance is growing. We offer free auto insurance quotes on our competitive general auto insurance. From humble beginnings, to one of the fastest growing insurance companies in America, Loya Insurance Group understands that success is measured not only by profits but integrity as well. With over 726 Loya Insurance Group offices throughout Texas, Ohio, California, New Mexico, Colorado, Georgia, Nevada, Illinois, Arizona, Indiana, and Alabama we have a friendly office near you.
Just-a-Cut opened its first location in McAllen, TX in 1988 and has been growing since. With over 27 locations across the Rio Grande Valley, as well as North of the Valley, we have become the R.G.V’s largest hair salon chain. Our loyal customers have been with us for almost 30 years now. Our focus has always been to get our customers to Just-Walk-In, and to provide an affordable, quality and efficient haircut in a family friendly environment. Just-a-Cut provides customer with different services such as skin treatments, hair solutions, hair styling services, perm, and various hair treatment solutions. It also includes customised packages based on the needs of the customer. Just-a-Cut has a team of enthusiastic and motivated cosmetologists and barbers.

Area Overview

107 West Plaza | Edinburg, TX

2801 W University Drive - Edinburg, TX 78539

Contact Broker for Details

Status: Sold

107 West Plaza | Edinburg, TX

Blake Davis

512.543.4647
bdavis@SIGnnn.com

Ethan Offenbecher

737.205.2056
ethan@SIGnnn.com

Make an Offer
$8 BILLION IN SALES

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List with SIG

Our Intentions

We believe in giving back. There’s a big world outside of the real estate bubble and we know that with success comes responsibility.

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