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Shopping Center with Retail Tenants
For Lease
$3,125/Mo

109 Texas Avenue #F, Mercedes, TX 78570

Two move-in-ready spaces include second-generation configurations for wireless retail and a loan office.

Space SizeContact for details
Property Size5,403 SF
Days on Market10

Property Features for 109 Texas Avenue #F

General Information

Standard status Active
Size 5,403 SF
Total Parking Spaces 105

Site & Location

Corner Location Yes
Anchor Co-Tenants Dollar Tree, Little Caesars, World Finance, Texan Credit, Papa Joe's Cafe
Highway Access Yes
Road Access Yes

Additional Details

Space Use Restaurant
Second-Generation Restaurant Yes

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
Listed By: Sergio A. Adame · License #0534881
Source: Gdvrealty
Added: Oct 22 Changed: Oct 25 Last Checked: Oct 29 at 10:12PM

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

Rey
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Investment Insights

Based on property information with market context.

This shopping center at 109 Texas Avenue includes tenants such as Dollar Tree, Little Caesar’s, World Finance, Texan Credit and Papa Joe’s Cafe. Two suites are described as move-in ready, with second-generation layouts for a wireless store and a loan company office. Suite 103 is also identified as a second-generation restaurant space, though it is currently occupied.

The property sits at the signalized Texas Avenue and Business 83 intersection in Mercedes, with IH-2 a short distance away. Nearby retailers and restaurants include H-E-B, Family Dollar, AutoZone, Stars, DQ and Pizza Hut.

Key Highlights

  • Signalized intersection at Texas Avenue and Business 83
  • Two move‑in‑ready suites, including second‑generation wireless retail and loan office spaces
  • Suite 103 identified for second‑generation restaurant use; currently occupied

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Shopping centers

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
Yes
Paved road access
NNN (Triple Net)
Lease Type
$1.04 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

636
Businesses Nearby
Under-served
Demand for This Use

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

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 22% below the average of $8.91 /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

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 - Two move-in-ready spaces include second-generation configurations for wireless retail and a loan office.
Where is this shopping center located?
The property is located at 109 Texas Avenue #F Mercedes, TX.
What is the lease rate?
The lease rate is $3,125/Mo.
What are key features of this property?
This property features: Signalized intersection at Texas Avenue and Business 83; Two move‑in‑ready suites, including second‑generation wireless retail and loan office spaces; Suite 103 identified for second‑generation restaurant use; currently occupied
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