Grey-Shell Retail
New
For Sale
Contact for pricing
1801 N Veterans Boulevard Unit 2, San Juan, TX 78589
The unfinished interior allows occupants to plan a buildout around their business requirements.
Property Size1,810 SF
Price / SF$0.01
Days on Market2
Property Features for 1801 N Veterans Boulevard Unit 2
General Information
Standard status
Active
Size
1,810 SF
Property subtype
Commercial
Additional Details
Condition
Shell
Property Use
Office
Building Details
Year Built
2026
Listing Agency:
Texus Realty
Listed By:
Israel Gutierrez · License #0558344
(512) 846-9332
Source:
Texusrealty
Added: Nov 1
Changed: Nov 2
Last Checked: Nov 2 at 2:32AM
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 Texus Realty
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Investment Insights
Based on property information with market context.
This 1,810-square-foot retail suite at 1801 N Veterans Boulevard, Unit 2, in San Juan is under construction and will be delivered as a grey shell. The space offers an unfinished interior for a tenant-designed buildout.
Key Highlights
- 1,810‑square‑foot retail suite
- Grey‑shell delivery
- Under construction at 1801 N Veterans Boulevard, Unit 2, San Juan
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$24,439
Suggested Prices Based on Cap Rates
Cap Rate 5%
$488,780
$488.8K
Cap Rate 7%
$349,129
$349.1K
Cap Rate 9%
$271,544
$271.5K
Market Conditions
NOI Build-Up for 1,810 SF
Gross rent
$37.1K $20.52/SF
− Vacancy
−$2.2K −$1.23/SF
EGI
$34.9K $19.29/SF
− OpEx
−$10.5K −$5.79/SF
NOI
$24.4K $13.50/SF
Area
Hidalgo County, TX
Vacancy
6.00%
Lease Rate
$20.52 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$488,780
Cap Rate 7%
$349,129
Cap Rate 9%
$271,544
Alternative Uses
Best Use
Office B
$432.5K
$378.5K – $504.6K
NOI $30,276 @ 7.0% cap · market cap 126,150.00%
Second Best
Healthcare Medical
$382.6K
$334.8K – $446.4K
NOI $26,781 @ 7.0% cap · market cap 111,587.50%
Theoretical Best
Hotel Hospitality
$1.36M
$1.19M – $1.59M
NOI $95,432 @ 7.0% cap · market cap 397,633.33%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
74
Businesses Nearby
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Business Placement
Demographics for 78589, TX
38,987
Population
12,393
Households
3.1
Avg Household Size
32
Median Age
13%
College-Educated
62%
High-School Grad
25.5 sq mi
ZIP Area
1,529
Density / Sq Mi
$51,662
Median Household Income
$27,679
Median Earnings
$926
Median Rent
$112,400
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Office in South region
Frequently Asked Questions
What type of property is this?
Retail space - The unfinished interior allows occupants to plan a buildout around their business requirements.
Where is this retail space located?
The property is located at 1801 N Veterans Boulevard Unit 2 San Juan, TX.
What are key features of this property?
This property features: 1,810‑square‑foot retail suite; Grey‑shell delivery; Under construction at 1801 N Veterans Boulevard, Unit 2, San Juan
