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Open-Air Shopping Center
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3400 W Expy 83, McAllen, TX 78501

Open-air shopping center positioned at a major intersection with adjacent convention center frontage.

Property Size1,761 SF
Days on Market92

Property Features for 3400 W Expy 83

General Information

Standard status Active
Size 1,761 SF
Property subtype RETAIL

Site & Location

Highway Access Yes
Road Access Yes
Listing Agency: CTO Realty Growth, Inc.
Listed By: Alex Gordon
Source: Moodyscre
Added: Apr 30 Changed: Jul 30 Last Checked: Jul 30 at 4:50AM

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 CTO Realty Growth, Inc.

Investment Insights

Based on property information with market context.

Palms Crossing is an open-air lifestyle shopping center in McAllen, Texas. The property is described as being led by a mix of national retailers and regional favorites and located in the heart of the Rio Grande Valley. The center totals 1,761 SF.

The shopping center is positioned at the highly trafficked intersection of US-83 and N. Ware Road, and it is adjacent to the McAllen Convention Center. This location is intended to support strong daily traffic, exceptional visibility, and strong co-tenancy, along with a growing regional trade area of +600,000 residents.

The property is offered for rent.

Key Highlights

  • 1,761 SF open‑air shopping center
  • Positioned at US‑83 and N. Ware Road intersection
  • Adjacent to the McAllen Convention Center

Property Analytics

Current Use

Reserva Coffee Roasters Cafe & Coffee Shop ArmsOfHope Drop Box ... Charitable Organization Smallcakes Cupcakery and Creamery Bakery Chipotle Mexican Grill Restaurant Best Buy Electronics & Wireless Store

Suggested Use

Top Pick Real Estate Agency Dental Office Law Firm Building Supply Big Box & Wholesale Store Pharmacy

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

Yes
Highway access
Yes
Paved road access
NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

393
Businesses Nearby
Balanced
Demand for This Use

Demographics for 78501, TX

60,817
Population
24,807
Households
2.5
Avg Household Size
37
Median Age
27%
College-Educated
77%
High-School Grad
15.5 sq mi
ZIP Area
3,924
Density / Sq Mi
$49,451
Median Household Income
$29,092
Median Earnings
$943
Median Rent
$149,000
Median Home Value

Market

Lease Benchmarks for McAllen, TX

$22.99 /SF/Yr
Avg Asking Price
$1.73–$31.92 /SF/Yr
Price Range
7,583 SF
Avg Space Size

Vacancy Rate% for Retail in South region

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025
Rey
Questions? Ask Rey
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Similar Off Market Nearby

  • Palms Crossing — 3300 W Expy 83, McAllen, TX 78501
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Frequently Asked Questions

What type of property is this?
Shopping center - Open-air shopping center positioned at a major intersection with adjacent convention center frontage.
Where is this shopping center located?
The property is located at 3400 W Expy 83 McAllen, TX.
What are key features of this property?
This property features: 1,761 SF open‑air shopping center; Positioned at US‑83 and N. Ware Road intersection; Adjacent to the McAllen Convention Center
(407) 770-8895 Call to check price and availability
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