Lantana Center
McAllen
,
TX
Texas
Call for Details
$
9,500,000
Call for Details
6.75
%
CAP Rate

100% Leased Retail Center
Diverse Tenant Mix with Scheduled Rent Growth
Shadow-Anchored by Cinemark Movie Theater
Anchored by Mr. Gatti's Pizza with a Convenient Drive-Thru Pickup Window
High Concentration of Schools Nearby
Consistent Family- & Student-Driven Traffic
Property details
- 100% Leased Shopping Center Opportunity with a Diverse Tenant Mix
- Anchored by Mr. Gatti’s Pizza, featuring a Drive-Thru Pickup Window
- Majority of Leases Feature Rent Increases, Providing a Hedge Against Inflation
- Shadow-Anchored by a 17-Screen Cinemark Movie Theater
- Additional Draw from a Major National Tenant Adjacent to the Property
- Diverse and Synergistic Retail Corridor Featuring National Tenants and Neighborhood Retail Centers
- Wells Fargo, Stripes, Jack in the Box, Baskin Robbins, Denny’s, Walgreens, Walmart Neighborhood Market, and More Nearby
- Convenient Location Near the Highly Trafficked Intersection of N 2nd Street & W Nolana Avenue (49,817 ADT)
- High Concentration of Schools Supporting Consistent Family- and Student-Driven Traffic
- More than 13 Elementary, Middle, and High Schools within a 5-Mile Radius Provide a Strong, Recurring Customer Base
- Dense, Growing Demographics with Ample Residential Development Activity Surrounding the Site
- Population of 622,354 within 10 Miles
- Average Household Income of $90,822 within 3 Miles
- Business-Friendly Environment Supported by a Diverse Economy
- Major Employers in the Region include Panasonic, GE Aviation, SpaceX, Stanley Black & Decker, T-Mobile, UnitedHealth, & More
- 5 Miles from McAllen International Airport (MFE)
- Continues to Post Record Growth, Serving Over 1.2 Million Passengers in 2024
- No State Income Tax in Texas
This property is listed in conjunction with Texas-licensed real estate broker Delta Commercial.
Listing leads
Putnam Daily
Managing Partner
CA RE Lic #01750064
Vahe Nokhoudian
Partner
CA RE Lic #01963342


