Shopping Center with Established
For Lease
$18 SF/Yr
103 Texas Avenue, Mercedes, TX 78570
The property sits at a signal-controlled junction of Texas Avenue and Business 83.
Space SizeContact for details
Property Size5,403 SF
Days on Market10
Property Features for 103 Texas Avenue
General Information
Standard status
Active
Size
5,403 SF
Total Parking Spaces
105
Additional Details
Anchor Co-Tenants
Dollar Tree, Little Caesar's, World Finance, Texan Credit, Papa Joe's Cafe
Taxes and HOA fees
Annual Taxes
$43,353
Building Details
Building Size
5,403 SF
Year Built
1998
Stories
1
Tenancy
Multi
Listing Agency:
API Real Estate
(956) 412-1412
Listed By:
Sergio A. Adame · License #0534881
(210) 845-4419
Source:
Gdvrealty
Added: Oct 22
Changed: Oct 25
Last Checked: Oct 29 at 10:10PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of API Real Estate
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This 1998 shopping center has a tenant roster that includes Dollar Tree, Little Caesar’s, World Finance, Texan Credit, and Papa Joe’s Cafe. Available suite configurations include a second-generation wireless store and a loan company office; Suite 103 is occupied and identified for second-generation restaurant use.
The property is positioned at the signalized junction of Texas Avenue and Business 83, a short distance from IH-2. Nearby retailers include H-E-B, Family Dollar, and AutoZone, with Stars, DQ, and Pizza Hut also in the surrounding area.
The property is positioned at the signalized junction of Texas Avenue and Business 83, a short distance from IH-2. Nearby retailers include H-E-B, Family Dollar, and AutoZone, with Stars, DQ, and Pizza Hut also in the surrounding area.
Key Highlights
- Tenant roster includes Dollar Tree, Little Caesar’s, World Finance, Texan Credit, and Papa Joe’s Cafe
- At a signalized intersection of Texas Avenue and Business 83
- A short distance from IH‑2
Property Analytics
Current Use
Lease Details
Multi-tenant
Tenancy
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
Market
Lease Benchmarks for Mercedes, TX
$8.91 /SF/Yr
Avg Asking Price
$4.82–$18 /SF/Yr
Price Range
5,025 SF
Avg Space Size
This space is priced 102% above the average of $8.91 /SF/Yr.
Vacancy Rate% for Retail in South region
Similar Off Market Nearby
- Coin Cloud Bitcoin ATM — 209 N Texas Ave, Mercedes, TX 78570
- Coinstar Kiosk | Bitcoin ATM — H.E.B, 209 N Texas Ave, Mercedes, TX 78570, United States
Frequently Asked Questions
What type of property is this?
Shopping center - The property sits at a signal-controlled junction of Texas Avenue and Business 83.
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: Tenant roster includes Dollar Tree, Little Caesar’s, World Finance, Texan Credit, and Papa Joe’s Cafe; At a signalized intersection of Texas Avenue and Business 83; A short distance from IH‑2
