Shopping Center with Second-Generation
For Lease
$2,169/Mo
109 Texas Avenue #G, Mercedes, TX 78570
Two suites are ready for occupancy, including spaces configured for wireless retail and office use.
Space SizeContact for details
Property Size5,403 SF
Days on Market10
Property Features for 109 Texas Avenue #G
General Information
Standard status
Active
Size
5,403 SF
Total Parking Spaces
105
Site & Location
Highway Access
Yes
Road Access
Yes
Taxes and HOA fees
Annual Taxes
$43,353
Building Details
Building Size
5,403 SF
Year Built
1998
Stories
1
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 10:06PM
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
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Investment Insights
Based on property information with market context.
This 25,388-square-foot shopping center, built in 1998, has two move-in-ready suites. One is configured for a wireless store and another for a loan company office. Suite 103 is identified as a second-generation restaurant space, though its availability is not clear.
The center sits at the signal-controlled junction of Texas Avenue and Business 83, a short distance from IH-2. Existing occupants include Dollar Tree, Little Caesar’s, World Finance, Texan Credit, and Papa Joe’s Cafe. Nearby retail and dining operators include H-E-B, Family Dollar, AutoZone, Stars, DQ, and Pizza Hut.
The center sits at the signal-controlled junction of Texas Avenue and Business 83, a short distance from IH-2. Existing occupants include Dollar Tree, Little Caesar’s, World Finance, Texan Credit, and Papa Joe’s Cafe. Nearby retail and dining operators include H-E-B, Family Dollar, AutoZone, Stars, DQ, and Pizza Hut.
Key Highlights
- 25,388‑square‑foot shopping center built in 1998
- At the signalized Texas Avenue and Business 83 intersection
- Two move‑in‑ready suites: a second‑generation wireless store and a loan company office
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Lease Details
Yes
Highway access
Yes
Paved road access
NNN (Triple Net)
Lease Type
$0.72 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
636
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
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Cap Rate, Value Estimation, Potential NOI and more
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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 46% below 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 - Two suites are ready for occupancy, including spaces configured for wireless retail and office use.
Where is this shopping center located?
The property is located at 109 Texas Avenue #G Mercedes, TX.
What is the lease rate?
The lease rate is $2,169/Mo.
What are key features of this property?
This property features: 25,388‑square‑foot shopping center built in 1998; At the signalized Texas Avenue and Business 83 intersection; Two move‑in‑ready suites: a second‑generation wireless store and a loan company office
