Lantana Center

McAllen
TX
Texas

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$

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
  1. 100% Leased Shopping Center Opportunity with a Diverse Tenant Mix
    • Anchored by Mr. Gatti’s Pizza, featuring a Drive-Thru Pickup Window
  2. Majority of Leases Feature Rent Increases, Providing a Hedge Against Inflation
  3. Shadow-Anchored by a 17-Screen Cinemark Movie Theater
    • Additional Draw from a Major National Tenant Adjacent to the Property
  4. 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
  5. Convenient Location Near the Highly Trafficked Intersection of N 2nd Street & W Nolana Avenue (49,817 ADT)
  6. 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
  7. 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
  8. 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
  9. 5 Miles from McAllen International Airport (MFE)
    • Continues to Post Record Growth, Serving Over 1.2 Million Passengers in 2024
  10. 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
Property Specs
Tenancy
Single Tenant
Multi Tenant
Building Size
38,145
SF
Lot Size
3.03
AC
Listing leads
Putnam Daily
Managing Partner
CA RE Lic #01750064
Vahe Nokhoudian
Partner
CA RE Lic #01963342