New Strip Mall Under
For Lease
$900/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 in Penitas on 7 Mile Rd. While driving West its on Your left hand side right next to Los Pinos Hardware.
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 11:06AM
MLS# 488550
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 4,544-square-foot strip mall is under construction and scheduled for completion in 2025. The property is designed with multiple rental units within a new retail setting, providing space for small businesses seeking a storefront location. The site encompasses 0.7524 acres.
Located at 17921 Coconut Palm Drive in Penitas, Texas, the property carries a 78576 ZIP code and is situated in Hidalgo County. Its planned configuration supports a range of small-business storefronts within a single retail development.
Located at 17921 Coconut Palm Drive in Penitas, Texas, the property carries a 78576 ZIP code and is situated in Hidalgo County. Its planned configuration supports a range of small-business storefronts within a single retail development.
Key Highlights
- 4,544‑square‑foot strip mall
- 0.7524‑acre site
- Under construction
Property Analytics
Property Profile
Current Use
Lease Details
NNN (Triple Net)
Lease Type
$0.36 /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 4% above the average of $2.29 /SF/Yr.
Vacancy Rate% for Retail in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Strip mall - Under-construction retail property with multiple rental units for small businesses.
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 $900/Mo.
What are key features of this property?
This property features: 4,544‑square‑foot strip mall; 0.7524‑acre site; Under construction
