312 Park Investment Property

312 Park St Mercedes, TX 78570

312 Park St, Mercedes, TX, 78570
312 Park St, Mercedes, TX, 78570
FOR SALE
Property Type:
Warehouse
Amount:
$700,000
Last Verified:
Sep 23, 2020

Highlights

  • Long term tenant
  • Centrally located in Rio Grande Valley off Interstate 2

Description

Great investment opportunity. Tenant in this property has leased for almost 20 years with extensions and bumps every 3 years.

The property is centrally located allowing this tenant to service the entire Rio Grande Valley.

Single tenant building on an acre and half. Service oriented use with office/shop/canopy.

Property is located just off the frontage road of I-2 (Expressway 83) in Mercedes, Texas, just west of the intersection of Mile 1 E.


Year Built: 1999
Building Size: 7500.0sq ft
Lot Size: 1.62 acres

Map of 312 Park St, Mercedes, TX, 78570

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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."

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