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Strip Mall Near University
New
For Lease
$4,671/Mo

1706 W University Dr, Edinburg, TX 78539

Retail setting on a Walmart outparcel near UTRGV and the Hidalgo County Courthouse.

Space SizeContact for details
Days on Market4

Property Features for 1706 W University Dr

General Information

Standard status Active

Building Details

Year Built 1997
Listing Agency: Coldwell Banker Commercial Rio Grande Valley
Listed By: Daniel Galvan · License #582851
Source: Aregtx
Added: Aug 9 Changed: Aug 10 Last Checked: Aug 11 at 10:09AM

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 retail property is part of a strip mall developed in 1997 and is available for lease. The center occupies a Walmart outparcel along University Drive, creating a commercial setting anchored by an established national retailer.

The property is near the University of Texas - Rio Grande Valley and the Hidalgo County Courthouse, identified as one of Edinburg’s largest employers. Its University Drive address places the retail space within an established Edinburg commercial context.

Key Highlights

  • Located on a Walmart outparcel along University Drive
  • Near the University of Texas - Rio Grande Valley
  • Close to the Hidalgo County Courthouse

Property Analytics

Current Use

Strip malls

Suggested Use

Top Pick Real Estate Agency Building Supply Dental Office Big Box & Wholesale Store Hair Salon Auto Repair Shop

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
$6.27 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

657
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

$21.73 /SF/Yr
Avg Asking Price
$1.86–$41.83 /SF/Yr
Price Range
6,417 SF
Avg Space Size

This space is priced 92% above the average of $21.73 /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
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Frequently Asked Questions

What type of property is this?
Strip mall - Retail setting on a Walmart outparcel near UTRGV and the Hidalgo County Courthouse.
Where is this strip mall located?
The property is located at 1706 W University Dr Edinburg, TX.
What is the lease rate?
The lease rate is $4,671/Mo.
What are key features of this property?
This property features: Located on a Walmart outparcel along University Drive; Near the University of Texas - Rio Grande Valley; Close to the Hidalgo County Courthouse
More about this property
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