88,248-SQUARE-FOOT KOHL'S SOLD FOR $7.3 MILLION

MCALLEN, TEXAS — An undisclosed developer has sold an 88,248-square-foot Kohl's department store to a private buyer for $7.3 million. The property, which is leased by the tenant for the next 20 years, is located in Trenton Crossing at 7900 N. 10th St. in McAllen. Kohl's lease is broken into six, 5-year options, which each carry a 5 percent rent increase. Trenton Crossing also houses Old Navy, Office Max, Best Buy and Ross Dress for Less. Alvin Mansour and Chris Gomes of Marcus & Millichap brokered the same with Tim Speck's assistance.