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Retail Space with Grey Shell
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1801 N Veterans Boulevard Unit 7, San Juan, TX 78589

Under construction with an unfinished interior ready for tenant-specific design.

Property Size1,894 SF
Price / SF$0.01
Days on Market1

Property Features for 1801 N Veterans Boulevard Unit 7

General Information

Standard status Active
Size 1,894 SF
Property subtype Commercial

Additional Details

Condition Shell
Property Use Office

Building Details

Year Built 2026
Listing Agency: SANETI REALTY GROUP
Listed By: Alberto Sanchez
Source: Sanetirealty
Added: Nov 1 Last Checked: Nov 1 at 3:32PM

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 SANETI REALTY GROUP

Rey
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Review the available facts, identify missing information and prepare questions for the agent.

Investment Insights

Based on property information with market context.

This first-generation retail space at 1801 N Veterans Boulevard is under construction and listed with a 2026 year built. The interior is offered as a grey shell, allowing the incoming tenant to plan and complete the finish-out. Retail, office, medical, and professional uses are identified for the space.

The property is in San Juan, Texas, at Unit 7 on N Veterans Boulevard.

Key Highlights

  • First‑generation retail space offered as a grey shell
  • Listed year built: 2026
  • Located at 1801 N Veterans Boulevard, Unit 7, San Juan, TX 78589

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$25,573
Suggested Prices Based on Cap Rates
Cap Rate 5%
$511,460 $511.5K
Cap Rate 7%
$365,329 $365.3K
Cap Rate 9%
$284,144 $284.1K
Market Conditions
NOI Build-Up for 1,894 SF
Gross rent
$38.9K $20.52/SF
− Vacancy
−$2.3K −$1.23/SF
EGI
$36.5K $19.29/SF
− OpEx
−$11.0K −$5.79/SF
NOI
$25.6K $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%
$511,460
Cap Rate 7%
$365,329
Cap Rate 9%
$284,144

Alternative Uses

Best Use
Retail
$365.3K
$319.7K – $426.2K (±1% cap)
NOI $25,573 @ 7.0% cap · market cap 106,554.17%
Second Best
—
—
no second resolved use
Theoretical Best
Hotel Hospitality
$1.43M
$1.25M – $1.66M (±1% cap)
NOI $99,861 @ 7.0% cap · market cap 416,087.50%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Retail space

Suggested Use

Top Pick Real Estate Agency Building Supply Dental Office Law Firm Gym & Fitness Center Storage Facility

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

74
Businesses Nearby

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

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

Frequently Asked Questions

What type of property is this?
Retail space - Under construction with an unfinished interior ready for tenant-specific design.
Where is this retail space located?
The property is located at 1801 N Veterans Boulevard Unit 7 San Juan, TX.
What are key features of this property?
This property features: First‑generation retail space offered as a grey shell; Listed year built: 2026; Located at 1801 N Veterans Boulevard, Unit 7, San Juan, TX 78589
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Includes: Price & PSF · Cap rate · Location · Zoning

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