Elstar Dental & Braces - McAllen, TX

SHOP Companies is pleased to present the opportunity for qualified investors to acquire a corporately backed dental office located in McAllen, Texas. The 7,500 SF building, situated on a 1.09-acre outparcel, is 100% leased to Elstar Dental, which recently consolidated two practices into this fully renovated facility. The property is an outparcel to Home Depot, positioned along one of the market’s top three premier retail arteries. The lease is backed by New Benevis Smiles, LLC, a national dental and braces practice operating 200+ locations under multiple brands. The property features a NN lease – landlord responsible for roof and structure – with 8+ years remaining on the original 10.5-year term and two (2) five-year options that include 10% rental increases, providing long-term income with built-in growth.

Strategically located at the signalized intersection of US Highway 83 and North Jackson Road, the site sees strong daily traffic volumes of over 22,000 vehicles per day. The outparcel sits directly across from Pharr Town Center, a 460,000 SF regional power center home to major national retailers including Academy, TJ Maxx, Ross, Five Below, Main Event, and more. This thriving retail hub is undergoing continued development, further enhancing the long-term value of this location. The surrounding area boasts strong suburban demographics and a dense population base, with over 238,000 residents within a 5-mile radius. The property is conveniently located near a Simon luxury mall, attracting upscale shoppers to the area. The continued commercial expansion and population growth in McAllen support the long-term viability and performance of this tenant, making the property an ideal acquisition for investors seeking passive, stable income backed by institutional-grade credit.