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Occupied Shopping Center
For Sale
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Pending

1316 E Expressway 83, McAllen, TX 78503

Retail center featuring national tenants and a documented remaining lease term.

Property Size103,949 SF
Days on Market142

Property Features for 1316 E Expressway 83

General Information

Standard status Pending
Size 103,949 SF
Property subtype Retail
Occupancy 94%

Building Details

Tenancy Multi
Listing Agency: JLL - San Antonio, Texas
Listed By: Whitney Snell · License #TX713391
Source: Crexi
Added: Apr 11 Changed: Aug 30 Last Checked: Aug 30 at 5:27AM

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 JLL - San Antonio, Texas

Investment Insights

Based on property information with market context.

This shopping center contains 103,949 square feet of retail space and is 94% occupied. The property has a national tenant roster, providing an established leasing profile within the center.

Located at 1316 E Expressway 83 in McAllen, Texas, the center has 4.7 years of WALT remaining. The available information identifies the property as a shopping center offered for sale.

Key Highlights

  • 103,949 square feet of shopping center space
  • 94% occupied
  • 4.7 years of WALT remaining

Property Analytics

Current Use

Lakeshore Learning Store (Bike/Boat/Book/etc) Store Sherwin-Williams Paint Store Hardware & Home Improvement

Suggested Use

Top Pick Real Estate Agency Electrical Service Accounting Firm Garden Center Daycare Center (Bike/Boat/Book/etc) 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

94%
Occupancy
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

893
Businesses Nearby
432k
Monthly Visits Nearby
Well-served
Demand for This Use

Foot Traffic Nearby

Shops & Services 28% Superstores 28% Dining 28% Home Improvements & Furnishings 11%
Costco Wholesale Superstores
120,004 visits/mo 0.4 miles
Raising Cane's Chicken Fingers Dining
59,424 visits/mo 0.3 miles
Lowe's Home Improvements & Furnishings
45,749 visits/mo 0.4 miles
Sam's Club Gas Station Shops & Services
43,724 visits/mo 0.3 miles
Costco Gasoline Shops & Services
31,109 visits/mo 0.3 miles

Demographics for 78503, TX

23,604
Population
8,090
Households
2.9
Avg Household Size
35
Median Age
25%
College-Educated
71%
High-School Grad
19.2 sq mi
ZIP Area
1,229
Density / Sq Mi
$48,765
Median Household Income
$27,514
Median Earnings
$1,087
Median Rent
$130,100
Median Home Value

Market

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
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Similar Off Market Nearby

  • Ridge View Center 1424 E Ridge Rd, McAllen, TX 78503
  • Work 805 w ridge rd, pharr, tx 78577
  • McAllen Pavilion 500 E Expressway 83, McAllen, TX 78503
  • Ridge Crossing shopping Center S McColl Rd, McAllen, TX 78503
  • Las Tiendas S.C. 724 E Expressway 83, McAllen, TX 78503

Frequently Asked Questions

What type of property is this?
Shopping center - Retail center featuring national tenants and a documented remaining lease term.
Where is this shopping center located?
The property is located at 1316 E Expressway 83 McAllen, TX.
What are key features of this property?
This property features: 103,949 square feet of shopping center space; 94% occupied; 4.7 years of WALT remaining
(713) 852-3535 Call to check price and availability
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