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700 Independence DR Edinburg, TX 78541
SOLD DATE : 12/19/2023Want to know what your home might be worth? Contact us for a FREE valuation!
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Key Details
Property Type Commercial
Sub Type Commercial
Listing Status Sold
Purchase Type For Sale
Square Footage 13,906 sqft
Subdivision North Industrial Park
MLS Listing ID 420709
Sold Date 12/19/23
HOA Y/N No
Originating Board Greater McAllen
Year Built 2023
Annual Tax Amount $15,855
Tax Year 2023
Lot Size 3.500 Acres
Acres 3.5
Property Sub-Type Commercial
Property Description
We are pleased to present a premier investment opportunity at 700 Independence Dr, Edinburg, TX 78541, located at the Edinburg North Industrial Park and off Interstate 69C. This building boasts a 12,106 square foot with 1,800 square feet of office space and the property sits on 3.5 AC allowing for future expansion - the property was designed for Two additional bays to be built.
Siddons Martin Emergency Management, a leading force in the emergency solutions sector with a robust footprint across 7 states and 29 locations, has solidified their commitment to this site by signing a 10-year NNN lease that includes two 5-year options for renewal and a 2% annual increase in base rent, with 0 landlord responsibilities.
Siddons Martin's selection of this location as their South Texas regional center—coupled with the proximity to the FedEx Shipping Facility—signals the strategic significance of the investment
Location
State TX
County Hidalgo
Interior
Interior Features Storage
Heating Central
Cooling Central Air
Flooring Painted/Stained
Appliance Electric Water Heater
Exterior
Garage Spaces 20.0
View Y/N No
Roof Type Metal
Total Parking Spaces 20
Garage Yes
Building
Lot Description Industrial Park
Faces Heading south on frontage. Turn west on Independence drive. Property is on the south side of Indepence Drive
Story 1
Structure Type Aluminum Siding
New Construction No
Others
Tax ID N514000000011A00
Security Features Fire Sprinkler System,Security System
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