Former Walmart - Raymondville Plaza

100 N US Highway 77 Raymondville, TX 78580

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FOR LEASE
Property Type:
Community Center
Last Verified:
May 18, 2017

Highlights

  • Recently acquired, undergoing upgrades and renovation.
  • Great visibility, lots of parking.
  • Corner of hwy. 186 and US hwy. 77 with McDonalds, Rent A Center, and Subway
  • Most visible and easily located property in area.
  • Take advantage of low rental for premier location.

Description

Lease Description

Lease Description

Building Size: 30626.0sq ft
Lot Size: 4.75 acres

Units for Lease

Former Walmart
Lease Type: NNN
Price Per Sqft/Year: $10.0

Map of 100 N US Highway 77, Raymondville, TX, 78580

Discussion/Comments

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Real Estate Incentives (What is this?)
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What are Real Estate Incentives?

Real Estate incentives range widely and have been overlooked by the Commercial Multiple Listing Services (MLS) for decades. Real estate incentives is a generic term used to group any number of programs, such as tax incentives, that are designated by an agency for a geographic area."

Why are Real Estate Incentives Important and to Whom?

"Incentives" are vital today and in the future because:

  • U.S. Public: Many incentives focus on job creation and Affordable Housing
  • Investors and Commercial Developers use incentives to reduce financial risk, obtain gap financing, etc. Investors and developers look for property listings with incentives available.
  • Commercial Real Estate Brokers, in mass, unfortunately do not know about incentives tied to their listings
  • Entire Supply Chain of Real Estate Development such as small and large companies who will provide goods and services to new and revitalized properties.