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Santa Lucia Plaza

701 East Nolana Loop | Pharr, TX 78577
Type: Retail
Size: 15152 SF
Status: For Sale
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Property Details

Pharr has seen an abundance of growth from numerous industries such as retail, manufacturing, produce, healthcare, finance, technology, transportation, and much more.

Situated at the southern tip of the state, McAllen’s economy is heavily influenced by its strategic location on the U.S.-Mexico border. McAllen’s strategic location as a border town has driven its economy, making it a hub for cross-border trade, particularly in the retail and manufacturing sectors. The city’s retail scene is thriving, attracting shoppers from both sides of the border, while its manufacturing industry benefits from the presence of maquiladoras and easy access to international markets.

METRO HIGHLIGHTS

Retail Trade

McAllen is known for its robust retail sector. The city is home to several shopping centers and outlets, drawing visitors from both Mexico and the United States due to its proximity to the Mexico border. Retail trade plays a significant role in the local economy, with many businesses catering to shoppers on both sides of the border.

Manufacturing

Manufacturing is another vital sector in McAllen’s economy, with companies involved in industries such as electronics, aerospace, and automotive. The city’s location along the U.S.-Mexico border has made it attractive for companies looking to take advantage of cross-border trade.

Border Trade

The city’s strategic location along the U.S.-Mexico border makes it a center for international trade and commerce. The North American Free Trade Agreement (NAFTA), now USMCA, has further facilitated trade in the region.