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Retail Space in Penitas, TX
For Lease
$850/Mo

17921 Coconut Palm Drive, Penitas, TX 78576

COMMERCIAL - Penitas, TX

Property Size4,544 SF
Lot Size0.75 Acres
Days on Market235

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 Center of Penitas on 7 Mile Rd. While Driving west its on Your left hand side. Located 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
Listed By: Marco Britschka
Added: Dec 8, 2025 Changed: Apr 15 Last Checked: Jul 31 at 4:06PM
MLS# 488491

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 retail space is located in Penitas, TX. The new plaza is designed to help small businesses thrive, offering a bright and welcoming environment. Modern and versatile rental units are available, providing an opportunity for new entrepreneurs to establish their businesses. The property features clean walkways, a friendly atmosphere, and a community-focused layout, making it suitable for attracting local customers. The lot size is 0.7524 acres, and the property size is 4544 square feet.

Key Highlights

  • Modern, versatile rental units designed for small businesses.
  • New construction (Year Built: 2025).
  • Designed to help small businesses thrive.

Property Analytics

Current Use

Retail space

Suggested Use

Top Pick Big Box & Wholesale Store Auto Parts Store Grocery & Convenience Store (Bike/Boat/Book/etc) Store Bakery Law Firm

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

NNN (Triple Net)
Lease Type
$0.34 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

77
Businesses Nearby
17k
Monthly Visits Nearby

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

$5.19 /SF/Yr
Avg Asking Price
$2.24–$17.28 /SF/Yr
Price Range
4,118 SF
Avg Space Size

This space is priced 57% below the average of $5.19 /SF/Yr.

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
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Retail space - New retail space designed for small businesses to thrive.
Where is this retail space 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: Modern, versatile rental units designed for small businesses.; New construction (Year Built: 2025).; Designed to help small businesses thrive.
More about this property
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