Family Dollar
For Sale
Contact for pricing
Pending
402 S Texas Ave, Mercedes, TX 78570
Renovated retail property with an established occupant and supplemental parking parcel.
Property SizeContact for details
Days on Market142
Property Features for 402 S Texas Ave
General Information
Standard status
Pending
Property subtype
Retail
Building Details
Tenancy
Single
Listing Agency:
Bexar Cap
Listed By:
Trey Cooper · License #TX 0574474
Source:
Crexi
Added: Apr 12
Changed: Aug 30
Last Checked: Aug 30 at 4:52PM
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 Bexar Cap
Investment Insights
Based on property information with market context.
This retail storefront in Mercedes is occupied by Family Dollar, with occupancy dating to 1994 and a recently exercised lease option. Interior renovations have been completed, and the tenant has submitted a permit application for additional exterior work. A roof coating was completed in July 2024.
The property includes a separate 0.28-acre parking lot behind the building on Ohio Ave., identified as Parcel ID #234059. The site is positioned at 402 S Texas Ave and serves a population of more than 179k residents within a ten-mile radius. Family Dollar is backed by an S&P Rated BBB credit profile, and Dollar Tree acquired the brand in 2015.
The property includes a separate 0.28-acre parking lot behind the building on Ohio Ave., identified as Parcel ID #234059. The site is positioned at 402 S Texas Ave and serves a population of more than 179k residents within a ten-mile radius. Family Dollar is backed by an S&P Rated BBB credit profile, and Dollar Tree acquired the brand in 2015.
Key Highlights
- Family Dollar occupancy dating to 1994 with a recently exercised lease option
- Separate 0.28‑acre parking lot behind the building on Ohio Ave.
- Interior renovations completed; exterior renovation permit submitted by tenant
Property Analytics
Property Profile
Current Use
Lease Details
Single-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
635
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 78570, TX
32,950
Population
10,701
Households
3.1
Avg Household Size
30
Median Age
12%
College-Educated
61%
High-School Grad
75.2 sq mi
ZIP Area
438
Density / Sq Mi
$39,890
Median Household Income
$22,648
Median Earnings
$686
Median Rent
$83,400
Median Home Value
Market
Vacancy Rate% for Retail in South region
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- funky flower shop — 601 N Vermont Ave Unit 106, Mercedes, TX 78570
Frequently Asked Questions
What type of property is this?
Storefront property - Renovated retail property with an established occupant and supplemental parking parcel.
Where is this storefront property located?
The property is located at 402 S Texas Ave Mercedes, TX.
What are key features of this property?
This property features: Family Dollar occupancy dating to 1994 with a recently exercised lease option; Separate 0.28‑acre parking lot behind the building on Ohio Ave.; Interior renovations completed; exterior renovation permit submitted by tenant
