Listing Agency: JPAR North Metro o***@jpar.net Show Phone

Listed By: Mark S. Wells · License #523858 Show Phone

Source: Exprealty

Added: May 18 Changed: Sep 6 Last Checked: Sep 6 at 9:42AM

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Investment Insights

Based on property information with market context.

Penita's Plaza offers storefront retail space directly in front of Super Walmart. Three contiguous units are available for lease, with two units at 1,600 SF (20’x80’) and one unit at 3,600 SF (45’x80’). The spaces can be leased individually or combined for up to 6,800 SF of flexible retail frontage.

The plaza is positioned within a larger retail center environment supported by established co-tenants including Domino’s, Subway, La Joya Family Dental, and Alicia’s Su Cocina, with additional national brands surrounding the site. Tenants in the center include Chick-fil-A, Starbucks, Panda Express, Sonic, Dollar Tree, and T-Mobile.

This configuration is well suited for users seeking adjacent storefront exposure and the option to scale within the same plaza setting.

Key Highlights

• Three contiguous retail units available directly in front of Super Walmart—lease individually or together.
• Two units at 1,600 SF (20’x80’) available for lease.
• One unit at 3,600 SF (45’x80’) available for lease.

Property Analytics

Property Profile

Current Use

Discount Days Penitas Department Store Subway Take-out & Catering Domino's Pizza Take-out & Catering Cricket Wireless Authorized ... Mobile Phone Store Rocking Horse Rehab Rehabilitation Center

Suggested Use

Top Pick Parking Lot & Garage HVAC Service Electrical Service Real Estate Agency Storage Facility Locksmith

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

$2.59 /SF/Yr

CAM

Location Intelligence

Trade Area within ½ mile

317

Businesses Nearby

275k

Monthly Visits Nearby

Well-served

Demand for This Use

Explore this area Business Placement

Foot Traffic Nearby

Dining 39% Superstores 33% Shops & Services 26% Electronics 2%

Walmart Superstores

90,183 visits/mo 0.1 miles

Murphy USA Shops & Services

30,577 visits/mo 0.2 miles

Chick-fil-A Dining

24,192 visits/mo 0.2 miles

Dollar Tree Shops & Services

22,230 visits/mo 0.1 miles

Starbucks Dining

15,865 visits/mo 0.3 miles

Demographics for 78576, TX

13,901

Population

3,362

Households

4.1

Avg Household Size

25

Median Age

6%

College-Educated

53%

High-School Grad

58.2 sq mi

ZIP Area

239

Density / Sq Mi

$48,205

Median Household Income

$21,962

Median Earnings

$629

Median Rent

$116,600

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

Questions? Ask Rey

Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

What type of property is this? Where is this shopping centers located? What is the lease rate? Find similar properties What are key features of this property?

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Similar Off Market Nearby

• Plaza Alas De Angel — 1103 US-83, Penitas, TX 78576
• walmar store — 401-105 N 11th St, Penitas, TX 78576

Frequently Asked Questions

What type of property is this?

Shopping center - Three contiguous retail units are available in front of Super Walmart, with options to lease individually or together.

Where is this shopping center located?

The property is located at 1715 E Expressway 83 Penitas, TX.

What is the lease rate?

The lease rate is $7,027/Mo.

What are key features of this property?

This property features: Three contiguous retail units available directly in front of Super Walmart—lease individually or together.; Two units at 1,600 SF (20’x80’) available for lease.; One unit at 3,600 SF (45’x80’) available for lease.