McAllen, TX 78504

Wing Daddy's

Property Address

4801 North Ware Road, McAllen, TX, USA

Offering Summary

  • Price: $2,186,000
  • Lot Size: .9 Acres
  • Cap Rate: 7.00%
  • Year Built: 2024
  • Building SF: 4,000
  • Status: In Escrow
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  • Brand New 15-Year Absolute Triple-Net (NNN) Lease
  • 10% Rental Increases Every 5 Years with Multiple Renewal Options
  • Growing Regional Tenant with 26 Locations Throughout Texas and Mexico
  • High-Quality 2024 Construction with a Full Bar and an Outdoor Patio
  • More Than 46,000 Cars per Day at the Nearby Intersection of Buddy Owens Boulevard and North Ware Road
  • 227,304 Residents within a 5-Mile Radius with Households and Population Projected to Increase 6% in the Surrounding Area by 2028
  • McAllen is One of the Largest Cities in the Rio Grande Valley Attracting 18 Million Visitors Annually, Primarily from South Texas and Northern Mexico
  • Close Proximity to National Tenants: Burger King, Family Dollar, Target, Walmart, etc.

Broker Information