Signalized-Intersection Shopping
For Lease
$18 SF/Yr
103 Texas Avenue, Mercedes, TX 78570
Commercial Lease, Mercedes, TX
Space SizeContact for details
Property Size25,388 SF
Lot Size1.39 Acres
Days on Market358
Property Features for 103 Texas Avenue
General Information
Property type
Commercial Lease
Property subtype
Other
Parking
105
Subdivision
Mercedes Original Townsite
Directions
From IH-2 head South on Texas Ave., property will be on the right-hand side at the intersection of Texas Ave. & 2nd St./Bus. 83.
Standard status
Active
APN
M355000003000000
Size
5,403 SF
Lot size
1.39 Acres
Taxes and HOA fees
Tax Year
2024
Tax Annual Amount
43353
Building Details
Year built
1998
Floors in Building
1
Listing Agency:
API Real Estate
(956) 412-1412
Listed By:
Sergio A. Adame · License #0534881
(210) 845-4419
Added: Sep 26, 2025
Changed: Sep 5
Last Checked: Sep 18 at 6:06PM
MLS# 429771
Copyright © 2026 Greater McAllen Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This multi-tenant shopping center at 103 Texas Avenue includes two move-in ready suites and an existing tenant mix featuring Dollar Tree, Little Caesar's, World Finance, Texan Credit, and Papa Joe's Cafe. Available configurations include second-generation wireless store and loan company office spaces, with Suite 103 identified for second-generation restaurant use.
The property sits at the signalized intersection of Texas Avenue and Business 83 in Mercedes, with access to IH-2 nearby. Surrounding retail and restaurant operators include H-E-B, Family Dollar, AutoZone, Stars, DQ, and Pizza Hut. The center was built in 1998 and is located in Hidalgo County, Texas.
The property sits at the signalized intersection of Texas Avenue and Business 83 in Mercedes, with access to IH-2 nearby. Surrounding retail and restaurant operators include H-E-B, Family Dollar, AutoZone, Stars, DQ, and Pizza Hut. The center was built in 1998 and is located in Hidalgo County, Texas.
Key Highlights
- Multi‑tenant shopping center at the signalized intersection of Texas Avenue and Business 83
- Two move‑in ready suites
- Existing tenants include Dollar Tree, Little Caesar's, World Finance, Texan Credit, and Papa Joe's Cafe
Property Analytics
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Current Use
Lease Details
Multi-tenant
Tenancy
Yes
Highway access
NNN (Triple Net)
Lease Type
$2.70 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
637
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 78570, TX
32,950
Population
10,701
Households
3.1
Avg Household Size
30
Median Age
12%
College-Educated
61%
High-School Grad
75.2 sq mi
ZIP Area
438
Density / Sq Mi
$39,890
Median Household Income
$22,648
Median Earnings
$686
Median Rent
$83,400
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Lease Benchmarks for Mercedes, TX
$8.3 /SF/Yr
Avg Asking Price
$4.82–$18 /SF/Yr
Price Range
4,836 SF
Avg Space Size
This space is priced 117% above the average of $8.3 /SF/Yr.
Vacancy Rate% for Retail in South region
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Frequently Asked Questions
What type of property is this?
Shopping center - The center includes two move-in ready suites alongside retail, food service, finance, and credit tenants.
Where is this shopping center located?
The property is located at 103 Texas Avenue Mercedes, TX.
What is the lease rate?
The lease rate is $18 SF/Yr.
What are key features of this property?
This property features: Multi‑tenant shopping center at the signalized intersection of Texas Avenue and Business 83; Two move‑in ready suites; Existing tenants include Dollar Tree, Little Caesar's, World Finance, Texan Credit, and Papa Joe's Cafe
