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Signalized Intersection Retail Plaza
For Lease
$2,169/Mo

109 Texas Avenue, Mercedes, TX 78570

Commercial Lease, Mercedes, TX

Space SizeContact for details
Property Size25,388 SF
Lot Size1.39 Acres
Days on Market146

Property Features for 109 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
Listed By: Sergio A. Adame · License #0534881
Added: Apr 15 Changed: Sep 5 Last Checked: Sep 7 at 3:06AM
MLS# 439748

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 retail plaza was built in 1998 and includes two move-in-ready suites, along with second-generation spaces configured for wireless retail and loan office operations. The existing tenant roster includes Dollar Tree, Little Caesars, World Finance, Texan Credit, and Papa Joe's Cafe, creating a mix of retail, food service, and financial users.

The property occupies the signalized intersection of Texas Avenue and Business 83, with short-distance access to IH-2. Surrounding commercial businesses include H-E-B, Family Dollar, AutoZone, Stars, Dairy Queen, and Pizza Hut. The available suite configuration supports a range of retail and service-oriented leasing needs within an established plaza setting.

Key Highlights

  • 25,388 SF plaza at a signalized intersection
  • Located at Texas Avenue and Business 83
  • Two move‑in‑ready suites

Property Analytics

Current Use

Strip malls

Suggested Use

Top Pick Real Estate Agency Law Firm Dental Office Skin Care Clinic Kitchen & Bath Showroom Big Box & Wholesale Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Multi-tenant
Tenancy
Yes
Highway access
NNN (Triple Net)
Lease Type
$0.72 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

637
Businesses Nearby

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

Market

Vacancy Rate% for Retail in South region

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Strip mall - Multi-tenant retail plaza with two move-in-ready suites and established occupants across retail, food, finance, and services.
Where is this strip mall located?
The property is located at 109 Texas Avenue Mercedes, TX.
What is the lease rate?
The lease rate is $2,169/Mo.
What are key features of this property?
This property features: 25,388 SF plaza at a signalized intersection; Located at Texas Avenue and Business 83; Two move‑in‑ready suites
More about this property
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