New Strip Mall Under
For Lease
$850/Mo
17921 Coconut Palm Drive, Penitas, TX 78576
COMMERCIAL - Penitas, TX
Space SizeContact for details
Lot Size0.75 Acres
Days on Market264
Property Features for 17921 Coconut Palm Drive
General Information
Property type
Commercial Lease
Property subtype
Other
Property condition
Under Construction
Parking
5
Subdivision
Pueblo De Palmas Ph 1 & 2
Directions
Located right next to mile 7 rd. in Penitas. Its on Your left hand side of the while driving west.
Standard status
Active
APN
P927702000013600
Size
4,544 SF
Lot size
0.75 Acres
Taxes and HOA fees
Tax Year
2025
Tax Annual Amount
2607
Building Details
Year built
2025
Floors in Building
1
Listing Agency:
RE/MAX Platinum · RE/MAX International
(956) 668-8555
Listed By:
Marco Britschka
(956) 313-8511
Added: Dec 8, 2025
Changed: Aug 4
Last Checked: Aug 29 at 12:06PM
MLS# 488490
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 strip mall is under construction and is planned as a new retail property with flexible commercial space. The development contains 4,544 square feet on a 0.7524-acre site, with a 2025 build year recorded for the property.
Located at 17921 Coconut Palm Drive in Penitas, Texas, the site is positioned in Hidalgo County and carries a 78576 ZIP code. The property is offered for rent and may suit businesses seeking space within a newly developed retail setting.
Located at 17921 Coconut Palm Drive in Penitas, Texas, the site is positioned in Hidalgo County and carries a 78576 ZIP code. The property is offered for rent and may suit businesses seeking space within a newly developed retail setting.
Key Highlights
- 4,544‑square‑foot retail property
- Situated on a 0.7524‑acre site
- Under construction
Property Analytics
Property Profile
Current Use
Lease Details
NNN (Triple Net)
Lease Type
$0.34 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
77
Businesses Nearby
17k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 100%
Dollar General
Shops & Services
7,737 visits/mo
0.4 miles
Family Dollar
Shops & Services
5,004 visits/mo
0.3 miles
Watermill Express
Shops & Services
4,060 visits/mo
0.4 miles
Demographics for 78576, TX
13,901
Population
3,362
Households
4.1
Avg Household Size
25
Median Age
6%
College-Educated
53%
High-School Grad
58.2 sq mi
ZIP Area
239
Density / Sq Mi
$48,205
Median Household Income
$21,962
Median Earnings
$629
Median Rent
$116,600
Median Home Value
Market
Lease Benchmarks for Penitas, TX
$2.29 /SF/Yr
Avg Asking Price
$2.24–$2.38 /SF/Yr
Price Range
4,544 SF
Avg Space Size
This space is priced 2% below the average of $2.29 /SF/Yr.
Vacancy Rate% for Retail in South region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Strip mall - Retail plaza with flexible commercial space for lease in a new development.
Where is this strip mall located?
The property is located at 17921 Coconut Palm Drive Penitas, TX.
What is the lease rate?
The lease rate is $850/Mo.
What are key features of this property?
This property features: 4,544‑square‑foot retail property; Situated on a 0.7524‑acre site; Under construction
