New Shopping Center with
For Sale
Contact for pricing
2519 N Closner Blvd, Edinburg, TX 78541
Newly constructed retail development offers flexible suites, shell delivery, and custom finish-out options for multiple commercial uses.
Property Size25,865 SF
Days on Market201
Property Features for 2519 N Closner Blvd
General Information
Standard status
Active
Size
25,865 SF
Property subtype
Retail
Lease Term
NNN
Building Details
Building Size
25,865 SF
Year Built
2025
Properties For Sale
at 2519 N Closner Blvd
2519 N. Closner Blvd Edinburg TX 78541
Size
1,000 SF
Type
Strip Center
Term
60 months
Listing Agency:
SVN | Hanna Solutions CRE
Listed By:
Chuck Wills
(956) 458-1156
Source:
Svn
Added: Apr 1
Changed: Oct 10
Last Checked: Oct 16 at 5:52AM
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 SVN | Hanna Solutions CRE
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Investment Insights
Based on property information with market context.
Bel-Air Plaza is a newly constructed shopping center comprising approximately 25,865 square feet in three buildings. The project includes 15 suites ranging from 1,000 square feet to 15,733 square feet of contiguous space, with delivery in shell condition and options for customized finish-out. Two endcap suites are configured for drive-through operations.
The center is located at 2519 N Closner Blvd in Edinburg, Texas, along a commercial corridor and approximately 0.83 miles south of Monte Cristo Road. Site features include on-site parking and a contemporary layout. The space is planned for retail, restaurant, medical, office, and service uses, with opportunities for QSR, boutique fitness, and neighborhood service concepts.
The center is located at 2519 N Closner Blvd in Edinburg, Texas, along a commercial corridor and approximately 0.83 miles south of Monte Cristo Road. Site features include on-site parking and a contemporary layout. The space is planned for retail, restaurant, medical, office, and service uses, with opportunities for QSR, boutique fitness, and neighborhood service concepts.
Key Highlights
- Approximately 25,865 SF across three buildings
- 15 flexible suites ranging from 1,000 SF to 15,733 SF contiguous
- Two drive‑thru endcap opportunities in Suites 103 and 115
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$288,258
Suggested Prices Based on Cap Rates
Cap Rate 5%
$5,765,160
$5.8M
Cap Rate 7%
$4,117,971
$4.1M
Cap Rate 9%
$3,202,867
$3.2M
Market Conditions
NOI Build-Up for 25,865 SF
Gross rent
$450.1K $17.40/SF
− Vacancy
−$38.3K −$1.48/SF
EGI
$411.8K $15.92/SF
− OpEx
−$123.5K −$4.78/SF
NOI
$288.3K $11.14/SF
Area
Edinburg, TX
Vacancy
8.50%
Lease Rate
$17.40 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$5,765,160
Cap Rate 7%
$4,117,971
Cap Rate 9%
$3,202,867
Alternative Uses
Best Use
Retail
$4.12M
$3.60M – $4.80M
NOI $288,258 @ 7.0% cap · market cap 1,372,657.14%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$6.71M
$5.87M – $7.83M
NOI $469,791 @ 7.0% cap · market cap 2,237,100.00%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
118
Businesses Nearby
Balanced
Demand for This Use
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Business Placement
Demographics for 78541, TX
48,513
Population
17,669
Households
2.7
Avg Household Size
28
Median Age
25%
College-Educated
77%
High-School Grad
290.2 sq mi
ZIP Area
167
Density / Sq Mi
$50,567
Median Household Income
$30,752
Median Earnings
$945
Median Rent
$142,600
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Retail in South region
Frequently Asked Questions
What type of property is this?
Shopping center - Newly constructed retail development offers flexible suites, shell delivery, and custom finish-out options for multiple commercial uses.
Where is this shopping center located?
The property is located at 2519 N Closner Blvd Edinburg, TX.
What are key features of this property?
This property features: Approximately 25,865 SF across three buildings; 15 flexible suites ranging from 1,000 SF to 15,733 SF contiguous; Two drive‑thru endcap opportunities in Suites 103 and 115
