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Mixed-Use Development with Retail
For Lease
$1,310/Mo

115-221 E University Drive, Edinburg, TX 78539

Planned commercial setting combining modern office suites with street-level retail space in Downtown Edinburg.

Space SizeContact for details
Days on Market39

Property Features for 115-221 E University Drive

General Information

Standard status Active

Taxes and HOA fees

Annual Taxes $8,261
Listing Agency: Coldwell Banker Commercial Rio Grande Valley
Listed By: Daniel Galvan · License #582851
Source: Exprealty
Added: Jul 22 Changed: Aug 21 Last Checked: Aug 29 at 1:35PM

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 Coldwell Banker Commercial Rio Grande Valley

Investment Insights

Based on property information with market context.

This mixed-use development is planned to combine modern office suites with street-level retail space. The property is located at 115-221 E University Drive in Downtown Edinburg, creating a commercial setting that brings office and retail functions together within one project.

The surrounding area includes government offices, local businesses, restaurants, and entertainment venues. The site also benefits from walkability, daily traffic, and access to major thoroughfares. The development is part of an area experiencing ongoing downtown revitalization and economic growth.

Key Highlights

  • Mixed‑use development planned with modern office suites and street‑level retail space
  • Located at 115‑221 E University Drive in Downtown Edinburg, TX 78539
  • Surrounded by government offices, local businesses, restaurants, and entertainment

Property Analytics

Current Use

Office Units

Suggested Use

Top Pick Real Estate Agency Building Supply HVAC Service Electrical Service Storage Facility Dental Office

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
$4.50 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

1,196
Businesses Nearby

Demographics for 78539, TX

37,686
Population
15,759
Households
2.4
Avg Household Size
34
Median Age
37%
College-Educated
84%
High-School Grad
12.2 sq mi
ZIP Area
3,089
Density / Sq Mi
$64,864
Median Household Income
$38,413
Median Earnings
$1,034
Median Rent
$198,300
Median Home Value

Market

Lease Benchmarks for Edinburg, TX

$25.64 /SF/Yr
Avg Asking Price
$12–$30.01 /SF/Yr
Price Range
1,003 SF
Avg Space Size

This space is priced 17% above the average of $25.64 /SF/Yr.

Vacancy Rate% for Office in South region

14.4% 2019
16.4% 2020
17.3% 2021
18% 2022
18.6% 2023
20.3% 2024
20.2% 2025
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Planned commercial setting combining modern office suites with street-level retail space in Downtown Edinburg.
Where is this mixed-use property located?
The property is located at 115-221 E University Drive Edinburg, TX.
What is the lease rate?
The lease rate is $1,310/Mo.
What are key features of this property?
This property features: Mixed‑use development planned with modern office suites and street‑level retail space; Located at 115‑221 E University Drive in Downtown Edinburg, TX 78539; Surrounded by government offices, local businesses, restaurants, and entertainment
More about this property
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