Single-Tenant Absolute NNN Retail
For Sale
Contact for pricing
1709 West University Drive, Edinburg, TX 78539
Absolute NNN lease commenced February 8, 2022 with 10% rental increases every five years and renewal options.
Property Size1,638 SF
Price / SF$559.83
Days on Market87
Property Features for 1709 West University Drive
General Information
Standard status
Active
Size
1,638 SF
Property subtype
Retail
Additional Details
Traffic Count
31,590 vehicles/day
Building Details
Year Built
2022
Tenancy
Single
Listing Agency:
Secure Net Lease
(713) 222-2111
Listed By:
Edward Benton · License #TX 557247
Source:
Crexi
Added: May 5
Changed: Jul 21
Last Checked: Jul 21 at 6:45AM
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 Secure Net Lease
Investment Insights
Based on property information with market context.
This is a single-tenant retail property offered for sale with an absolute NNN lease structure. Rent commenced February 8, 2022 under a 10-year term, with 10% rental increases every five years and (4) additional 5-year options to renew.
The property is located on University Dr (31,590+ VPD) in Edinburg, described as a major east-west thoroughfare and central artery for the city. The site is positioned next to The University of Texas Rio Grande Valley and across from a Walmart Supercenter.
The provided materials also cite neighborhood demographics of 171,870+ residents within 5 miles and an average household income of $96,600+. The surrounding commercial area is described as home to multiple nationally recognized retailers and QSR brands.
The property is located on University Dr (31,590+ VPD) in Edinburg, described as a major east-west thoroughfare and central artery for the city. The site is positioned next to The University of Texas Rio Grande Valley and across from a Walmart Supercenter.
The provided materials also cite neighborhood demographics of 171,870+ residents within 5 miles and an average household income of $96,600+. The surrounding commercial area is described as home to multiple nationally recognized retailers and QSR brands.
Key Highlights
- 2022‑built property with a 10‑year absolute NNN lease
- Rent commenced February 8, 2022
- 10% rental increases every 5 years
Property Analytics
Current Use
Lease Details
31,590 VPD
Traffic count
Single-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
657
Businesses Nearby
Explore this area
Business Placement
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
Vacancy Rate% for Retail in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
NNN property - Absolute NNN lease commenced February 8, 2022 with 10% rental increases every five years and renewal options.
Where is this nnn property located?
The property is located at 1709 West University Drive Edinburg, TX.
What is the asking price?
The asking price for this property is $917,000.
What are key features of this property?
This property features: 2022‑built property with a 10‑year absolute NNN lease; Rent commenced February 8, 2022; 10% rental increases every 5 years
