• Located in Premier Shopping Center • Highway/Interstate Frontage • 43,560 SQ/FT Lot • 5,380 SQ/FT Building • Great Pylon Signage • Base + Additional Percentage Rent

Very Strong Location Sales!!!

FOR SALE - The Subject Property “Palenque Grill” is a rare asset that has a prime location with a tall dedicated pylon sign right off Interstate I-2 (Highway 83). The property and sign have great visibility from the Interstate/Highway. The excellent exposure also provides ease of access with multiple sightlines and exit ramps in the area. The Property is occupied by Palenque Grill who is on a Absolute NNN Lease currently in their first of (4) Four (5) Five Year Lease Extensions. The store sales for the location are very strong and have been since they moved in. The location in addition to base rent pays a sizeable percentage rent attributed to such great sales volumes. The creators of Palenque Grill have also started other very successful concepts such as “” & “ Palenque”.

The 43,560 square foot lot is located in one of the premier shopping center in McAllen, Texas. The 5,380 square foot building is surrounded by an abundance of national retailers of all sizes, two separate hospitals, the McAllen International Airport (MFE), and the Simon owned La Plaza shopping mall. These great area amenities drive significant traffic to the area and location. This very well performing asset has a great location along with an attractive, well built building creating a stable, very desirable, flexible asset that has great sales and attractive return.

The location consistently serves both the large interstate/highway traffic (124,000 VPD), along with the daily traffic from the shopping centers, mall, International Airport, and local employment and residents.

Please Contact Us with Questions & to Submit Offers. Thank you!

Best Regards,

Scott J Peterson

Office: 970.292.8455 Cell: 303.921.1674 [email protected]